Nuveen Virginia Quality Municipal Income Fund
NPV
38 hedge funds and large institutions have $19.4M invested in Nuveen Virginia Quality Municipal Income Fund in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 6 closing their positions.
25% more capital invested
Capital invested by funds: $15.5M → $19.4M (+$3.88M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 37 → 38 (+1)
1.92% more ownership
Funds ownership: 7.32% → 9.24% (+1.9%)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.76M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$717K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$461K |
| 4 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$353K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$340K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Davenport & Co
Richmond,
Virginia
|
-$672K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$392K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$301K |
| 4 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$127K |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$112K |
NPV Hedge Fund Activity: Q4 2018 in Review
38 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Nuveen Virginia Quality Municipal Income Fund (NPV) for Q4 2018, worth a combined $19.4M — up 25% from $15.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NPV positions and 6 closed out — a net gain of 1 holder — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $2.76M. The largest seller was Davenport & Co, cutting an estimated $672K.
- 38 institutional investors held Nuveen Virginia Quality Municipal Income Fund (NPV) as of Q4 2018, up from 37 in Q3 2018.
- Funds reported $19.4M of Nuveen Virginia Quality Municipal Income Fund stock for Q4 2018, up 25% quarter-over-quarter.
- 7 funds opened new Nuveen Virginia Quality Municipal Income Fund positions in Q4 2018 and 6 closed out, a net change of +1 holder.
- The largest Nuveen Virginia Quality Municipal Income Fund buyer in Q4 2018 was Saba Capital Management, an estimated $2.76M added.
- The largest Nuveen Virginia Quality Municipal Income Fund seller in Q4 2018 was Davenport & Co, an estimated $672K sold.
Based on aggregated 13F filings for Q4 2018.