Nuveen Connecticut Quality Municipal Income Fund
NTC
NTC was delisted on the 15th of November, 2019.
35 hedge funds and large institutions have $17.7M invested in Nuveen Connecticut Quality Municipal Income Fund in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
35% more funds holding
Funds holding: 26 → 35 (+9)
29% more capital invested
Capital invested by funds: $13.8M → $17.7M (+$3.92M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.67M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.2M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$822K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$554K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$503K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$339K |
| 2 |
BAM
Brave Asset Management
Summit,
New Jersey
|
-$276K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$142K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$98.4K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$92.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
26
Stratos Wealth Partners
Beachwood,
Ohio
| $127K | – | – | – |
|
|
PFGIA
27
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $106K | +$111K | +8,600 | New |
|
|
CWM
28
Catamount Wealth Management
Westport,
Connecticut
| $90K | – | – | – |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $81K | -$50.1K | -3,900 | -37% |
|
|
PSUF
30
People's United Financial
Bridgeport,
Connecticut
| $52K | – | – | – |
|
31
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $22K | +$22.5K | +1,752 | New |
|
|
MRCM
32
M&R Capital Management
Summit,
New Jersey
| $19K | – | – | – |
|
|
WB
33
Webster Bank
Waterbury,
Connecticut
| $8K | +$8.61K | +670 | New |
|
34
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $7K | +$77 | +6 | +1% |
|
35
Creative Planning
Overland Park,
Kansas
| $1K | +$527 | +41 | New |
|
|
HK
36
Horizon Kinetics
New York
| – | -$339K | -24,544 | Closed |
|
|
BAM
37
Brave Asset Management
Summit,
New Jersey
| – | -$276K | -20,000 | Closed |
|
NTC Hedge Fund Activity: Q4 2016 in Review
35 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen Connecticut Quality Municipal Income Fund (NTC) for Q4 2016, worth a combined $17.7M — up 29% from $13.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NTC positions and 2 closed out — a net gain of 9 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.67M. The largest seller was Horizon Kinetics, exiting entirely with an estimated $339K sold.
- 35 institutional investors held Nuveen Connecticut Quality Municipal Income Fund (NTC) as of Q4 2016, up from 26 in Q3 2016.
- Funds reported $17.7M of Nuveen Connecticut Quality Municipal Income Fund stock for Q4 2016, up 29% quarter-over-quarter.
- 11 funds opened new Nuveen Connecticut Quality Municipal Income Fund positions in Q4 2016 and 2 closed out, a net change of +9 holders.
- The largest Nuveen Connecticut Quality Municipal Income Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $1.67M added.
- The largest Nuveen Connecticut Quality Municipal Income Fund seller in Q4 2016 was Horizon Kinetics, an estimated $339K sold.
Based on aggregated 13F filings for Q4 2016.