Nuveen New Jersey Quality Municipal Income Fund
NXJ
NXJ was delisted on the 24th of April, 2026.
66 hedge funds and large institutions have $142M invested in Nuveen New Jersey Quality Municipal Income Fund in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 15 reducing their positions, and 10 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 15
30% more capital invested
Capital invested by funds: $110M → $142M (+$32.6M)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
4.14% more ownership
Funds ownership: 24.94% → 29.08% (+4.1%)
2% more funds holding
Funds holding: 65 → 66 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$17.8M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.46M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.93M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.86M |
| 5 |
Morgan Stanley
New York
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$5.29M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.96M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$562K |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$503K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$408K |
NXJ Hedge Fund Activity: Q4 2023 in Review
66 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Nuveen New Jersey Quality Municipal Income Fund (NXJ) for Q4 2023, worth a combined $142M — up 30% from $110M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NXJ positions and 10 closed out — a net gain of 1 holder — while 27 added to existing stakes and 15 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $17.8M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $5.29M sold.
- 66 institutional investors held Nuveen New Jersey Quality Municipal Income Fund (NXJ) as of Q4 2023, up from 65 in Q3 2023.
- Funds reported $142M of Nuveen New Jersey Quality Municipal Income Fund stock for Q4 2023, up 30% quarter-over-quarter.
- 11 funds opened new Nuveen New Jersey Quality Municipal Income Fund positions in Q4 2023 and 10 closed out, a net change of +1 holder.
- The largest Nuveen New Jersey Quality Municipal Income Fund buyer in Q4 2023 was Saba Capital Management, an estimated $17.8M added.
- The largest Nuveen New Jersey Quality Municipal Income Fund seller in Q4 2023 was Fiera Capital (Canada), an estimated $5.29M sold.
Based on aggregated 13F filings for Q4 2023.