Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nuveen Quality Muncp Income (NAD)

284 + Investors. Track Smart Money conviction in NAD. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
3Q ▲
Buyers last Q
58%

Smart Money Signals — NAD

Based on 287 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added NAD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
287 hedge funds hold NAD right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +4% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 58% buying

131 buying96 selling
Last quarter: 131 funds bought or added vs 96 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 28 → 41 → 39 → 32. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 21% medium ■ 17% new
178 out of 287 hedge funds have held NAD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~32 new funds/quarter

28 → 28 → 41 → 39 → 32 new funds/Q
New funds entering each quarter: 28 → 41 → 39 → 32. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 63% veterans vs 22% newcomers

■ 63% veterans ■ 14% 1-2yr ■ 22% new
Entry-cohort mix of 287 holders: 182 (63%) are 2+ year veterans, 41 entered 1–2 years ago, and 64 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 44% AUM from top-100 funds

44% from top-100 AUM funds
18 of 286 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in NAD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NAD

In 2026 Q2, 131 hedge funds were net buyers of NAD (32 opened a new position, 99 added to an existing one), while 96 reduced or exited (67 trimmed, 29 sold completely) — a 58% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 44% of total institutional value in NAD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 287.

Hedge Fund Ownership: NAD

How many hedge funds hold NAD — quarterly history vs. share price
Quarterly hedge fund ownership of NAD vs. share price

Market Analysis: NAD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NAD

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: NAD
284 + Investors

Track Smart Money conviction in NAD. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 284 284 -
13F Shares 47M 45M 4.37%
Total Value $559M $504M 10.95%
New Positions 31 39 -8
Increased Positions 99 84 +15
Closed Positions 30 34 -4
Reduced Positions 66 69 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NAD

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

284 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NAD. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NAD holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Eagle Bluffs Wealth Management LLC 3.06% 750,650 $9.2M
2 Melone Private Wealth, LLC 2.63% 569,497 $6.9M
3 Congress Park Capital LLC 2.02% 618,500 $7.5M
4 McGowan Group Asset Management, Inc. 2.01% 1,361,907 $16.5M
5 Palogic Value Management, L.P. 1.40% 350,711 $4.3M
6 Kuhn & Co Investment Counsel 0.99% 141,712 $1.7M
7 Sightline Wealth Advisors, LLC 0.95% 213,893 $2.6M
8 Cornerstone Advisory, LLC 0.82% 813,878 $9.9M
9 Regatta Research & Money Management 0.75% 65,325 $792K
10 Everstar Asset Management, LLC 0.59% 100,425 $1.2M
11 Cura Wealth Advisors, LLC 0.57% 110,000 $1.3M
12 Smh Capital Advisors Inc 0.56% 11,715 $142K
13 Wakefield Asset Management LLLP 0.53% 193,285 $2.3M
14 Wealth Care LLC 0.49% 50,000 $606K
15 Hennion & Walsh Asset Management, Inc. 0.48% 1,373,096 $16.6M
16 Worthington Financial Partners, LLC 0.43% 43,128 $523K
17 Wealth Advisors of Tampa Bay, LLC 0.43% 115,182 $1.4M
18 Gill Capital Partners, LLC 0.43% 132,609 $1.6M
19 Ramsey Quantitative Systems 0.39% 36,000 $436K
20 Kercheville Advisors, LLC 0.34% 92,362 $1.1M
21 Orleans Capital Management Corp/la 0.31% 49,950 $605K
22 URS Advisory LLC 0.28% 41,374 $501K
23 Guggenheim Capital LLC 0.28% 3,620,112 $43.9M
24 Summit Financial Consulting LLC 0.26% 31,605 $383K
25 Focused Alpha, LLC 0.26% 82,205 $996K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Nuveen Quality Muncp Income (NAD)

What does the Smart Money Trend signal show for NAD?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added NAD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NAD?

Slight buying edge — 58% buying: Last quarter: 131 funds bought or added vs 96 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NAD holders?

Elite ownership — 44% AUM from top-100 funds: 18 of 286 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in NAD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NAD?

62% of holders stayed for 2+ years: 178 out of 287 hedge funds have held NAD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →