Nuveen Connecticut Quality Municipal Income Fund
NTC
NTC was delisted on the 15th of November, 2019.
35 hedge funds and large institutions have $60.7M invested in Nuveen Connecticut Quality Municipal Income Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
26% more capital invested
Capital invested by funds: $48.4M → $60.7M (+$12.4M)
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
6% more funds holding
Funds holding: 33 → 35 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.17M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.97M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$493K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$300K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$5.44M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$324K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$233K |
| 4 |
Morgan Stanley
New York
|
-$225K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$143K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $80K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $69K | +$1.33K | +100 | +2% |
|
|
PCG
28
Private Capital Group
West Hartford,
Connecticut
| $60K | +$6.96K | +521 | +13% |
|
|
SPIA
29
Steward Partners Investment Advisory
New York
| $49K | – | – | – |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $29K | +$12.9K | +968 | +81% |
|
|
TC
31
Truvestments Capital
Sarasota,
Florida
| $27K | – | – | – |
|
|
MRCM
32
M&R Capital Management
Summit,
New Jersey
| $21K | – | – | – |
|
|
MPWT
33
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $16K | – | – | – |
|
|
WB
34
Webster Bank
Waterbury,
Connecticut
| $9K | – | – | – |
|
|
RCM
35
Rivernorth Capital Management
West Palm Beach,
Florida
| $7.73K | +$2.97M | +222,172 | +63% |
|
|
MC
36
Matisse Capital
Portland,
Oregon
| – | -$324K | -25,000 | Closed |
|
NTC Hedge Fund Activity: Q3 2019 in Review
35 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Nuveen Connecticut Quality Municipal Income Fund (NTC) for Q3 2019, worth a combined $60.7M — up 26% from $48.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NTC positions and 1 closed out — a net gain of 2 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $5.17M. The largest seller was Saba Capital Management, cutting an estimated $5.44M.
- 35 institutional investors held Nuveen Connecticut Quality Municipal Income Fund (NTC) as of Q3 2019, up from 33 in Q2 2019.
- Funds reported $60.7M of Nuveen Connecticut Quality Municipal Income Fund stock for Q3 2019, up 26% quarter-over-quarter.
- 3 funds opened new Nuveen Connecticut Quality Municipal Income Fund positions in Q3 2019 and 1 closed out, a net change of +2 holders.
- The largest Nuveen Connecticut Quality Municipal Income Fund buyer in Q3 2019 was Sit Investment Associates, an estimated $5.17M added.
- The largest Nuveen Connecticut Quality Municipal Income Fund seller in Q3 2019 was Saba Capital Management, an estimated $5.44M sold.
Based on aggregated 13F filings for Q3 2019.