Nuveen Texas Quality Municipal Income Fund
NTX
NTX was delisted on the 14th of February, 2020.
28 hedge funds and large institutions have $16.3M invested in Nuveen Texas Quality Municipal Income Fund in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
19% more capital invested
Capital invested by funds: $13.6M → $16.3M (+$2.65M)
10% less funds holding
Funds holding: 31 → 28 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.41M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$656K |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$399K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$251K |
| 5 |
UR
USCA RIA
Houston,
Texas
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.69M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.03M |
| 3 |
QCM
Quest Capital Management
Dallas,
Texas
|
-$334K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$332K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
26
Advisornet Financial
Minnetonka,
Minnesota
| $14K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $12K | – | – | – |
|
28
Fifth Third Bancorp
Cincinnati,
Ohio
| $7K | – | – | – |
|
|
SCM
29
Saba Capital Management
New York
| – | -$1.69M | -123,837 | Closed |
|
|
30
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$1.03M | -75,000 | Closed |
|
|
QCM
31
Quest Capital Management
Dallas,
Texas
| – | -$334K | -24,411 | Closed |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$332K | -24,282 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$11K | -795 | Closed |
|
NTX Hedge Fund Activity: Q3 2019 in Review
28 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Nuveen Texas Quality Municipal Income Fund (NTX) for Q3 2019, worth a combined $16.3M — up 19% from $13.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NTX and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 10 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $4.41M. The largest seller was Saba Capital Management, exiting entirely with an estimated $1.69M sold.
- 28 institutional investors held Nuveen Texas Quality Municipal Income Fund (NTX) as of Q3 2019, down from 31 in Q2 2019.
- Funds reported $16.3M of Nuveen Texas Quality Municipal Income Fund stock for Q3 2019, up 19% quarter-over-quarter.
- 2 funds opened new Nuveen Texas Quality Municipal Income Fund positions in Q3 2019 and 5 closed out, a net change of -3 holders.
- The largest Nuveen Texas Quality Municipal Income Fund buyer in Q3 2019 was Rivernorth Capital Management, an estimated $4.41M added.
- The largest Nuveen Texas Quality Municipal Income Fund seller in Q3 2019 was Saba Capital Management, an estimated $1.69M sold.
Based on aggregated 13F filings for Q3 2019.