Nuveen Virginia Quality Municipal Income Fund
NPV
31 hedge funds and large institutions have $12.6M invested in Nuveen Virginia Quality Municipal Income Fund in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
0.41% less ownership
Funds ownership: 5.73% → 5.32% (-0.41%)
3% less funds holding
Funds holding: 32 → 31 (-1)
5% less capital invested
Capital invested by funds: $13.3M → $12.6M (-$683K)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$1M |
| 2 |
Morgan Stanley
New York
|
+$263K |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$246K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$215K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.22M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$918K |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
-$402K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$297K |
| 5 |
HCA
Harbour Capital Advisors
Tysons Corner,
Virginia
|
-$113K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JIR
26
James Investment Research
Alpha,
Ohio
| $40K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $18K | +$185 | +14 | +1% |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $14K | +$844 | +64 | +6% |
|
|
SPIA
29
Steward Partners Investment Advisory
New York
| $2K | – | – | – |
|
|
30
LPL Financial
San Diego,
California
| – | -$1.22M | -94,057 | Closed |
|
|
BKA
31
Brick & Kyle Associates
Newtown,
Pennsylvania
| – | -$37K | -2,840 | Closed |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$17K | -1,300 | Closed |
|
NPV Hedge Fund Activity: Q2 2017 in Review
31 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen Virginia Quality Municipal Income Fund (NPV) for Q2 2017, worth a combined $12.6M — down 5.1% from $13.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NPV and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 12 added.
The largest buyer was Cornerstone Advisory, opening a new position worth an estimated $1M. The largest seller was LPL Financial, exiting entirely with an estimated $1.22M sold.
- 31 institutional investors held Nuveen Virginia Quality Municipal Income Fund (NPV) as of Q2 2017, down from 32 in Q1 2017.
- Funds reported $12.6M of Nuveen Virginia Quality Municipal Income Fund stock for Q2 2017, down 5.1% quarter-over-quarter.
- 2 funds opened new Nuveen Virginia Quality Municipal Income Fund positions in Q2 2017 and 3 closed out, a net change of -1 holder.
- The largest Nuveen Virginia Quality Municipal Income Fund buyer in Q2 2017 was Cornerstone Advisory, an estimated $1M added.
- The largest Nuveen Virginia Quality Municipal Income Fund seller in Q2 2017 was LPL Financial, an estimated $1.22M sold.
Based on aggregated 13F filings for Q2 2017.