Nuveen New Jersey Quality Municipal Income Fund
NXJ
NXJ was delisted on the 24th of April, 2026.
65 hedge funds and large institutions have $103M invested in Nuveen New Jersey Quality Municipal Income Fund in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 21 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
16% more capital invested
Capital invested by funds: $88.5M → $103M (+$14.3M)
3% more funds holding
Funds holding: 63 → 65 (+2)
3.13% more ownership
Funds ownership: 18.48% → 21.61% (+3.1%)
14% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$8.01M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.37M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$914K |
| 4 |
Bank of New York Mellon
New York
|
+$778K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$731K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$785K |
| 2 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$444K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$334K |
| 4 |
LPL Financial
San Diego,
California
|
-$301K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$118K |
NXJ Hedge Fund Activity: Q2 2023 in Review
65 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Nuveen New Jersey Quality Municipal Income Fund (NXJ) for Q2 2023, worth a combined $103M — up 16% from $88.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NXJ positions and 5 closed out — a net gain of 2 holders — while 18 added to existing stakes and 21 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $8.01M. The largest seller was Bank of America, cutting an estimated $785K.
- 65 institutional investors held Nuveen New Jersey Quality Municipal Income Fund (NXJ) as of Q2 2023, up from 63 in Q1 2023.
- Funds reported $103M of Nuveen New Jersey Quality Municipal Income Fund stock for Q2 2023, up 16% quarter-over-quarter.
- 7 funds opened new Nuveen New Jersey Quality Municipal Income Fund positions in Q2 2023 and 5 closed out, a net change of +2 holders.
- The largest Nuveen New Jersey Quality Municipal Income Fund buyer in Q2 2023 was Saba Capital Management, an estimated $8.01M added.
- The largest Nuveen New Jersey Quality Municipal Income Fund seller in Q2 2023 was Bank of America, an estimated $785K sold.
Based on aggregated 13F filings for Q2 2023.