Nuveen Texas Quality Municipal Income Fund
NTX
NTX was delisted on the 14th of February, 2020.
25 hedge funds and large institutions have $18.3M invested in Nuveen Texas Quality Municipal Income Fund in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 4 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
12% more capital invested
Capital invested by funds: $16.3M → $18.3M (+$2.01M)
11% less funds holding
Funds holding: 28 → 25 (-3)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$954K |
| 2 |
Cohen & Steers
New York
|
+$683K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$672K |
| 4 |
UR
USCA RIA
Houston,
Texas
|
+$212K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$558K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$195K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$187K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$160K |
| 5 |
GWAG
Garrett Wealth Advisory Group
Weatherford,
Texas
|
-$47.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$195K | -14,041 | Closed |
|
|
LCM
27
Landscape Capital Management
Englewood,
New Jersey
| – | -$160K | -11,537 | Closed |
|
|
GWAG
28
Garrett Wealth Advisory Group
Weatherford,
Texas
| – | -$47.2K | -3,400 | Closed |
|
|
AF
29
Advisornet Financial
Minnetonka,
Minnesota
| – | -$14K | -1,000 | Closed |
|
NTX Hedge Fund Activity: Q4 2019 in Review
25 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Nuveen Texas Quality Municipal Income Fund (NTX) for Q4 2019, worth a combined $18.3M — up 12% from $16.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NTX and 3 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 9 added.
The largest buyer was Sit Investment Associates, adding an estimated $954K. The largest seller was Wolverine Asset Management, cutting an estimated $558K.
- 25 institutional investors held Nuveen Texas Quality Municipal Income Fund (NTX) as of Q4 2019, down from 28 in Q3 2019.
- Funds reported $18.3M of Nuveen Texas Quality Municipal Income Fund stock for Q4 2019, up 12% quarter-over-quarter.
- 3 funds opened new Nuveen Texas Quality Municipal Income Fund positions in Q4 2019 and 4 closed out, a net change of -1 holder.
- The largest Nuveen Texas Quality Municipal Income Fund buyer in Q4 2019 was Sit Investment Associates, an estimated $954K added.
- The largest Nuveen Texas Quality Municipal Income Fund seller in Q4 2019 was Wolverine Asset Management, an estimated $558K sold.
Based on aggregated 13F filings for Q4 2019.