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NTC

Nuveen Connecticut Quality Municipal Income Fund

Delisted

NTC was delisted on the 15th of November, 2019.

36 hedge funds and large institutions have $38.1M invested in Nuveen Connecticut Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more capital invested

Capital invested by funds: $31.1M → $38.1M (+$7M)

10% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 10

3% less funds holding

Funds holding: 3736 (-1)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
36
Holders Change
-1
Holders Change %
-2.7%
% of All Funds
0.82%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
6
Increased
11
Reduced
10
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$11.6M +$8.69M +742,549 +322%
BI
2
Bulldog Investors
New Jersey
$4.17M +$587K +50,122 +17%
RCM
3
Rivernorth Capital Management
Florida
$2.84M +$2.8M +239,235 New
Fiera Capital (Canada)
4
Fiera Capital (Canada)
Quebec, Canada
$2.33M +$468K +40,000 +26%
HighTower Advisors
5
HighTower Advisors
Illinois
$2.05M +$140K +11,930 +7%
Morgan Stanley
6
Morgan Stanley
New York
$1.97M -$692K -59,071 -26%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$1.75M +$13.4K +1,145 +0.8%
GWM
8
Greenwich Wealth Management
Connecticut
$1.51M +$48.8K +4,170 +3%
SIA
9
Sit Investment Associates
Minnesota
$1.29M +$1.27M +108,548 New
UBS Group
10
UBS Group
Switzerland
$1.15M -$187K -15,970 -14%
Bank of America
11
Bank of America
North Carolina
$1.13M +$121K +10,355 +12%
Wells Fargo
12
Wells Fargo
California
$1.05M +$4.11K +351 +0.4%
MC
13
Matisse Capital
Oregon
$708K -$4.72M -403,490 -87%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$618K -$58.5K -4,996 -9%
EWM
15
Edge Wealth Management
New York
$513K -$110K -9,360 -18%
Walleye Trading
16
Walleye Trading
New York
$503K +$495K +42,308 New
Goldman Sachs
17
Goldman Sachs
New York
$317K +$313K +26,710 New
MC
18
Mathes Company
New York
$315K +$146K +12,500 +89%
AA
19
AQR Arbitrage
Connecticut
$313K
RJA
20
Raymond James & Associates
Florida
$303K
LCM
21
Landscape Capital Management
New Jersey
$299K -$527K -44,995 -64%
PVWM
22
Point View Wealth Management
New Jersey
$292K -$12.9K -1,099 -4%
DA
23
Doliver Advisors
Texas
$225K -$210K -17,920 -49%
CHAM
24
Clear Harbor Asset Management
Connecticut
$199K -$9.72K -830 -5%
PFGIA
25
Patriot Financial Group Insurance Agency
Massachusetts
$190K +$11.9K +1,013 +7%

NTC Hedge Fund Activity: Q2 2018 in Review

36 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen Connecticut Quality Municipal Income Fund (NTC) for Q2 2018, worth a combined $38.1M — up 23% from $31.1M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of NTC and 6 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 11 added.

The largest buyer was Saba Capital Management, adding an estimated $8.69M. The largest seller was Matisse Capital, cutting an estimated $4.72M.

  • 36 institutional investors held Nuveen Connecticut Quality Municipal Income Fund (NTC) as of Q2 2018, down from 37 in Q1 2018.
  • Funds reported $38.1M of Nuveen Connecticut Quality Municipal Income Fund stock for Q2 2018, up 23% quarter-over-quarter.
  • 6 funds opened new Nuveen Connecticut Quality Municipal Income Fund positions in Q2 2018 and 7 closed out, a net change of -1 holder.
  • The largest Nuveen Connecticut Quality Municipal Income Fund buyer in Q2 2018 was Saba Capital Management, an estimated $8.69M added.
  • The largest Nuveen Connecticut Quality Municipal Income Fund seller in Q2 2018 was Matisse Capital, an estimated $4.72M sold.

Based on aggregated 13F filings for Q2 2018.