Nuveen Pennsylvania Quality Municipal Income Fund
NQP
NQP was delisted on the 24th of April, 2026.
50 hedge funds and large institutions have $36M invested in Nuveen Pennsylvania Quality Municipal Income Fund in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 11 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
1.5% less ownership
Funds ownership: 8.12% → 6.62% (-1.5%)
9% less funds holding
Funds holding: 55 → 50 (-5)
15% less capital invested
Capital invested by funds: $42.2M → $36M (-$6.15M)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$400K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$393K |
| 3 |
HCM
Howland Capital Management
Boston,
Massachusetts
|
+$278K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$164K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$147K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$2.85M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.2M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$862K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$854K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$742K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MGAM
51
McGowan Group Asset Management
Dallas,
Texas
| – | -$2.85M | -207,713 | Closed |
|
|
KIM
52
Karpus Investment Management
Pittsford,
New York
| – | -$2.2M | -160,639 | Closed |
|
|
WAM
53
Wolverine Asset Management
Chicago,
Illinois
| – | -$862K | -62,978 | Closed |
|
|
LCM
54
Landscape Capital Management
Englewood,
New Jersey
| – | -$854K | -62,310 | Closed |
|
|
VKH
55
Virtu KCG Holdings
New York
| – | -$488K | -35,602 | Closed |
|
56
SG Americas Securities
New York
| – | -$263K | -19,208 | Closed |
|
|
MC
57
Matisse Capital
Portland,
Oregon
| – | -$210K | -15,293 | Closed |
|
|
TCM
58
Traynor Capital Management
Malvern,
Pennsylvania
| – | -$159K | -11,606 | Closed |
|
59
US Bancorp
Minneapolis,
Minnesota
| – | -$101K | -7,390 | Closed |
|
|
CFG
60
Citizens Financial Group
Providence,
Rhode Island
| – | -$49K | -3,549 | Closed |
|
NQP Hedge Fund Activity: Q1 2016 in Review
50 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Nuveen Pennsylvania Quality Municipal Income Fund (NQP) for Q1 2016, worth a combined $36M — down 15% from $42.2M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NQP and 6 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 17 added.
The largest buyer was TFS Capital, opening a new position worth an estimated $400K. The largest seller was McGowan Group Asset Management, exiting entirely with an estimated $2.85M sold.
- 50 institutional investors held Nuveen Pennsylvania Quality Municipal Income Fund (NQP) as of Q1 2016, down from 55 in Q4 2015.
- Funds reported $36M of Nuveen Pennsylvania Quality Municipal Income Fund stock for Q1 2016, down 15% quarter-over-quarter.
- 6 funds opened new Nuveen Pennsylvania Quality Municipal Income Fund positions in Q1 2016 and 11 closed out, a net change of -5 holders.
- The largest Nuveen Pennsylvania Quality Municipal Income Fund buyer in Q1 2016 was TFS Capital, an estimated $400K added.
- The largest Nuveen Pennsylvania Quality Municipal Income Fund seller in Q1 2016 was McGowan Group Asset Management, an estimated $2.85M sold.
Based on aggregated 13F filings for Q1 2016.