Nuveen Connecticut Quality Municipal Income Fund
NTC
NTC was delisted on the 15th of November, 2019.
26 hedge funds and large institutions have $13.8M invested in Nuveen Connecticut Quality Municipal Income Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
5% less capital invested
Capital invested by funds: $14.4M → $13.8M (-$686K)
4% less funds holding
Funds holding: 27 → 26 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$607K |
| 2 |
MC
Mathes Company
New York
|
+$155K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$146K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$116K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$581K |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$431K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$210K |
| 4 |
LCM
Laurion Capital Management
New York
|
-$180K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$146K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $8K | +$8.41K | +598 | New |
|
|
KIM
27
Karpus Investment Management
Pittsford,
New York
| – | -$210K | -15,056 | Closed |
|
|
LCM
28
Laurion Capital Management
New York
| – | -$180K | -12,853 | Closed |
|
|
29
Ameriprise
Minneapolis,
Minnesota
| – | -$146K | -10,439 | Closed |
|
|
TJHA
30
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$145K | -10,400 | Closed |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$93K | -6,699 | Closed |
|
NTC Hedge Fund Activity: Q3 2016 in Review
26 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Connecticut Quality Municipal Income Fund (NTC) for Q3 2016, worth a combined $13.8M — down 4.8% from $14.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NTC and 4 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 7 added.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $607K. The largest seller was HighTower Advisors, cutting an estimated $581K.
- 26 institutional investors held Nuveen Connecticut Quality Municipal Income Fund (NTC) as of Q3 2016, down from 27 in Q2 2016.
- Funds reported $13.8M of Nuveen Connecticut Quality Municipal Income Fund stock for Q3 2016, down 4.8% quarter-over-quarter.
- 4 funds opened new Nuveen Connecticut Quality Municipal Income Fund positions in Q3 2016 and 5 closed out, a net change of -1 holder.
- The largest Nuveen Connecticut Quality Municipal Income Fund buyer in Q3 2016 was Janney Montgomery Scott, an estimated $607K added.
- The largest Nuveen Connecticut Quality Municipal Income Fund seller in Q3 2016 was HighTower Advisors, an estimated $581K sold.
Based on aggregated 13F filings for Q3 2016.