Nuveen Virginia Quality Municipal Income Fund
NPV
27 hedge funds and large institutions have $10.1M invested in Nuveen Virginia Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 3 closing their positions.
0.62% less ownership
Funds ownership: 4.4% → 3.78% (-0.62%)
4% less funds holding
Funds holding: 28 → 27 (-1)
11% less capital invested
Capital invested by funds: $11.4M → $10.1M (-$1.29M)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$244K |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$152K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$88.1K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$52.5K |
| 5 |
JIR
James Investment Research
Alpha,
Ohio
|
+$51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.6M |
| 2 |
BHBT
Burke & Herbert Bank & Trust
Alexandria,
Virginia
|
-$224K |
| 3 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
-$138K |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
-$120K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$80.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
26
MV Capital Management
Bethesda,
Maryland
| $13K | – | – | – |
|
|
BHBT
27
Burke & Herbert Bank & Trust
Alexandria,
Virginia
| – | -$224K | -15,447 | Closed |
|
|
TDC
28
Thompson Davis & Co
Richmond,
Virginia
| – | -$138K | -9,450 | -100% |
|
29
Citigroup
New York
| – | -$5K | -347 | Closed |
|
NPV Hedge Fund Activity: Q2 2016 in Review
27 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Virginia Quality Municipal Income Fund (NPV) for Q2 2016, worth a combined $10.1M — down 11% from $11.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NPV and 2 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 7 added.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $244K. The largest seller was LPL Financial, cutting an estimated $1.6M.
- 27 institutional investors held Nuveen Virginia Quality Municipal Income Fund (NPV) as of Q2 2016, down from 28 in Q1 2016.
- Funds reported $10.1M of Nuveen Virginia Quality Municipal Income Fund stock for Q2 2016, down 11% quarter-over-quarter.
- 2 funds opened new Nuveen Virginia Quality Municipal Income Fund positions in Q2 2016 and 3 closed out, a net change of -1 holder.
- The largest Nuveen Virginia Quality Municipal Income Fund buyer in Q2 2016 was Curi RMB Capital, an estimated $244K added.
- The largest Nuveen Virginia Quality Municipal Income Fund seller in Q2 2016 was LPL Financial, an estimated $1.6M sold.
Based on aggregated 13F filings for Q2 2016.