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Nuveen Virginia Quality Municipal Income Fund

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.

New
Increased
Maintained
Reduced
Closed

0.62% less ownership

Funds ownership: 4.4%3.78% (-0.62%)

4% less funds holding

Funds holding: 2827 (-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

Holders
27
Holders Change
-1
Holders Change %
-3.57%
% of All Funds
0.72%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
7
Reduced
10
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DC
1
Davenport & Co
Virginia
$2.4M -$46.6K -3,200 -2%
LPL Financial
2
LPL Financial
California
$1.33M -$1.6M -109,888 -55%
Morgan Stanley
3
Morgan Stanley
New York
$980K -$21.3K -1,464 -2%
Wells Fargo
4
Wells Fargo
California
$652K +$28.3K +1,940 +5%
BTS
5
BB&T Securities
Virginia
$649K +$152K +10,464 +31%
Bank of America
6
Bank of America
North Carolina
$514K -$46.3K -3,181 -8%
HCA
7
Harbour Capital Advisors
Virginia
$414K
HighTower Advisors
8
HighTower Advisors
Illinois
$371K
UBS Group
9
UBS Group
Switzerland
$290K -$845 -58 -0.3%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$266K +$46.7K +3,205 +22%
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$250K +$52.5K +3,607 +27%
CRC
12
Curi RMB Capital
Illinois
$249K +$244K +16,728 New
Stifel Financial
13
Stifel Financial
Missouri
$245K +$88.1K +6,052 +58%
Truist Financial
14
Truist Financial
North Carolina
$223K
WF
15
Welch & Forbes
Massachusetts
$223K
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$205K -$7.87K -540 -4%
RJA
17
Raymond James & Associates
Florida
$202K -$80.5K -5,525 -29%
JIR
18
James Investment Research
Ohio
$178K +$51K +3,500 +41%
OA
19
Oxbow Advisors
Texas
$153K -$120K -8,260 -44%
TWA
20
TCI Wealth Advisors
Arizona
$103K
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$69K -$10.2K -700 -13%
FHA
22
First Horizon Advisors
Tennessee
$62K +$2.46K +169 +4%
BKA
23
Brick & Kyle Associates
Pennsylvania
$42K
IA
24
IFP Advisors
Florida
$19K +$18.5K +1,271 New
GWM
25
Geneos Wealth Management
Colorado
$14K

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.