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Nuveen Virginia Quality Municipal Income Fund

26 hedge funds and large institutions have $14.1M invested in Nuveen Virginia Quality Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 5

0.24% less ownership

Funds ownership: 4.1%3.87% (-0.24%)

7% less funds holding

Funds holding: 2826 (-2)

8% less capital invested

Capital invested by funds: $15.4M → $14.1M (-$1.22M)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
26
Holders Change
-2
Holders Change %
-7.14%
% of All Funds
0.69%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
7
Reduced
5
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BTS
1
BB&T Securities
Virginia
$5.11M -$136K -10,028 -21%
DC
2
Davenport & Co
Virginia
$2.49M +$104K +7,671 +4%
LPL Financial
3
LPL Financial
California
$1.19M +$96K +7,094 +9%
Morgan Stanley
4
Morgan Stanley
New York
$761K +$95.1K +7,028 +14%
Wells Fargo
5
Wells Fargo
California
$699K -$345K -25,499 -33%
Bank of America
6
Bank of America
North Carolina
$559K -$21.2K -1,568 -4%
OA
7
Oxbow Advisors
Texas
$378K -$90.4K -6,680 -19%
AA
8
AQR Arbitrage
Connecticut
$364K +$362K +26,777 New
RJA
9
Raymond James & Associates
Florida
$269K -$10.6K -784 -4%
HighTower Advisors
10
HighTower Advisors
Illinois
$259K +$258K +19,055 New
Truist Financial
11
Truist Financial
North Carolina
$223K
UBS Group
12
UBS Group
Switzerland
$223K +$57.4K +4,238 +35%
BHBT
13
Burke & Herbert Bank & Trust
Virginia
$210K
WF
14
Welch & Forbes
Massachusetts
$204K
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$153K +$135 +10 +0.1%
DA
16
Doliver Advisors
Texas
$152K +$152K +11,216 New
SB
17
Suntrust Banks
Georgia
$147K +$148K +10,914 New
Stifel Financial
18
Stifel Financial
Missouri
$142K
TDC
19
Thompson Davis & Co
Virginia
$136K
Creative Planning
20
Creative Planning
Kansas
$129K
JIR
21
James Investment Research
Ohio
$116K
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$71K +$7.7K +569 +12%
FHA
23
First Horizon Advisors
Tennessee
$54K
TSW
24
Thompson Siegel & Walmsley
Virginia
$41K
BKA
25
Brick & Kyle Associates
Pennsylvania
$39K

NPV Hedge Fund Activity: Q1 2015 in Review

26 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen Virginia Quality Municipal Income Fund (NPV) for Q1 2015, worth a combined $14.1M — down 7.9% from $15.4M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of NPV and 4 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 7 added.

The largest buyer was HighTower Advisors, opening a new position worth an estimated $258K. The largest seller was AQR Capital Management, exiting entirely with an estimated $522K sold.

  • 26 institutional investors held Nuveen Virginia Quality Municipal Income Fund (NPV) as of Q1 2015, down from 28 in Q4 2014.
  • Funds reported $14.1M of Nuveen Virginia Quality Municipal Income Fund stock for Q1 2015, down 7.9% quarter-over-quarter.
  • 4 funds opened new Nuveen Virginia Quality Municipal Income Fund positions in Q1 2015 and 6 closed out, a net change of -2 holders.
  • The largest Nuveen Virginia Quality Municipal Income Fund buyer in Q1 2015 was HighTower Advisors, an estimated $258K added.
  • The largest Nuveen Virginia Quality Municipal Income Fund seller in Q1 2015 was AQR Capital Management, an estimated $522K sold.

Based on aggregated 13F filings for Q1 2015.