Nuveen New Jersey Quality Municipal Income Fund
NXJ
NXJ was delisted on the 24th of April, 2026.
63 hedge funds and large institutions have $88.5M invested in Nuveen New Jersey Quality Municipal Income Fund in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 7 closing their positions.
24% more capital invested
Capital invested by funds: $71.6M → $88.5M (+$16.9M)
3.22% more ownership
Funds ownership: 15.26% → 18.48% (+3.2%)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
5% less funds holding
Funds holding: 66 → 63 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$13.9M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.19M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$802K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$692K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$525K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$681K |
| 2 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$366K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$333K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$250K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$246K |
NXJ Hedge Fund Activity: Q1 2023 in Review
63 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Nuveen New Jersey Quality Municipal Income Fund (NXJ) for Q1 2023, worth a combined $88.5M — up 24% from $71.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NXJ and 5 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 21 added.
The largest buyer was Saba Capital Management, adding an estimated $13.9M. The largest seller was Morgan Stanley, cutting an estimated $681K.
- 63 institutional investors held Nuveen New Jersey Quality Municipal Income Fund (NXJ) as of Q1 2023, down from 66 in Q4 2022.
- Funds reported $88.5M of Nuveen New Jersey Quality Municipal Income Fund stock for Q1 2023, up 24% quarter-over-quarter.
- 5 funds opened new Nuveen New Jersey Quality Municipal Income Fund positions in Q1 2023 and 7 closed out, a net change of -2 holders.
- The largest Nuveen New Jersey Quality Municipal Income Fund buyer in Q1 2023 was Saba Capital Management, an estimated $13.9M added.
- The largest Nuveen New Jersey Quality Municipal Income Fund seller in Q1 2023 was Morgan Stanley, an estimated $681K sold.
Based on aggregated 13F filings for Q1 2023.