Nuveen Connecticut Quality Municipal Income Fund
NTC
NTC was delisted on the 15th of November, 2019.
28 hedge funds and large institutions have $16.4M invested in Nuveen Connecticut Quality Municipal Income Fund in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 5 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
3% less capital invested
Capital invested by funds: $16.9M → $16.4M (-$490K)
7% less funds holding
Funds holding: 30 → 28 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$298K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$194K |
| 3 |
LCM
Laurion Capital Management
New York
|
+$163K |
| 4 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
+$123K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$109K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$735K |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$332K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$275K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$233K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$200K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TJHA
26
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $85K | +$82.3K | +6,400 | New |
|
|
PSUF
27
People's United Financial
Bridgeport,
Connecticut
| $56K | +$27.3K | +2,122 | +101% |
|
28
Citigroup
New York
| $5K | -$3.64K | -283 | -43% |
|
|
CRC
29
Curi RMB Capital
Chicago,
Illinois
| – | -$735K | -57,632 | Closed |
|
|
AA
30
AQR Arbitrage
Greenwich,
Connecticut
| – | -$332K | -26,032 | Closed |
|
|
DA
31
Doliver Advisors
Houston,
Texas
| – | -$275K | -21,563 | Closed |
|
|
TC
32
TFS Capital
West Chester,
Pennsylvania
| – | -$200K | -15,677 | Closed |
|
|
VKH
33
Virtu KCG Holdings
New York
| – | -$140K | -11,009 | Closed |
|
NTC Hedge Fund Activity: Q1 2016 in Review
28 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen Connecticut Quality Municipal Income Fund (NTC) for Q1 2016, worth a combined $16.4M — down 2.9% from $16.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NTC and 3 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was Horizon Kinetics, opening a new position worth an estimated $298K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $735K sold.
- 28 institutional investors held Nuveen Connecticut Quality Municipal Income Fund (NTC) as of Q1 2016, down from 30 in Q4 2015.
- Funds reported $16.4M of Nuveen Connecticut Quality Municipal Income Fund stock for Q1 2016, down 2.9% quarter-over-quarter.
- 3 funds opened new Nuveen Connecticut Quality Municipal Income Fund positions in Q1 2016 and 5 closed out, a net change of -2 holders.
- The largest Nuveen Connecticut Quality Municipal Income Fund buyer in Q1 2016 was Horizon Kinetics, an estimated $298K added.
- The largest Nuveen Connecticut Quality Municipal Income Fund seller in Q1 2016 was Curi RMB Capital, an estimated $735K sold.
Based on aggregated 13F filings for Q1 2016.