Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nuveen Arizona Qlty Mun Inc (NAZ)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
1Q ▲
Buyers last Q
73%

Smart Money Signals — NAZ

Based on 33 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added NAZ 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.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
33 funds currently hold this stock — 94% of the 3.0-year high of 35 funds (reached 2023 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +27% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+27% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 73% buying

19 buying7 selling
Last quarter: 19 funds were net buyers (9 opened a brand new position + 10 added to an existing one). Only 7 were sellers (4 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+8 vs last Q)

new funds entering per quarter
Funds opening a new NAZ position: 3 → 5 → 1 → 9. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

48% of holders stayed for 2+ years

■ 48% conviction (2yr+) ■ 24% medium ■ 27% new
16 out of 33 hedge funds have held NAZ 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 — ~9 new funds/quarter

5 → 3 → 5 → 1 → 9 new funds/Q
New funds entering each quarter: 3 → 5 → 1 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 55% veterans vs 33% newcomers

■ 55% veterans ■ 12% 1-2yr ■ 33% new
Entry-cohort mix of 33 holders: 18 (55%) are 2+ year veterans, 4 entered 1–2 years ago, and 11 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 49% AUM from top-100 funds

49% from top-100 AUM funds
6 of 33 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in NAZ. 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 — NAZ

In 2026 Q1, 19 hedge funds were net buyers of NAZ (9 opened a new position, 10 added to an existing one), while 7 reduced or exited (4 trimmed, 3 sold completely) — a 73% buyer ratio, indicating clear institutional accumulation. 49% of total institutional value in NAZ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 33.

Hedge Fund Ownership: NAZ

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

Market Analysis: NAZ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NAZ

-- --

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

Is It Too Late to Buy Nuveen Arizona Qlty Mun Inc (NAZ) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NAZ has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 82d ago
NAZ
+5.0%
XLF
+8.5%

NAZ outperformed XLF by -3.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
NAZ
-1.6%
XLF
+4.8%

Since the filing became public, NAZ outperformed XLF by -6.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: NAZ
33 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 33 27 22.22%
13F Shares 1M 1M 19.62%
Total Value $15M $13M 17.54%
New Positions 9 1 +8
Increased Positions 10 11 -1
Closed Positions 3 5 -2
Reduced Positions 4 4 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NAZ

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Financial Highlights

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Institutional Holders (2026 Q1)

33 + investors

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

QUARTER:
Top 25 NAZ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Plan Group Financial, LLC 0.03% 11,914 $143K
2 Ameriflex Group, INC. 0.03% 4,310 $52K
3 Western Wealth Management, LLC 0.02% 52,306 $627K
4 Shufro Rose & Co LLC 0.02% 27,500 $330K
5 Integrity Alliance, LLC. 0.02% 38,950 $467K
6 Kingswood Wealth Advisors, LLC 0.01% 25,000 $300K
7 IHT Wealth Management, LLC 0.01% 49,240 $590K
8 Independent Financial Group, LLC 0.01% 20,422 $245K
9 Diversify Wealth Management, LLC 0.01% 28,036 $353K
10 Staley Capital Advisers Inc 0.01% 10,000 $120K
11 Bartlett & CO. Wealth Management LLC 0.00% 26,400 $336K
12 Captrust Financial Advisors 0.00% 119,564 $1.4M
13 CoreCap Advisors, LLC 0.00% 4,500 $54K
14 Stratos Wealth Partners, LTD. 0.00% 11,056 $133K
15 Cetera Investment Advisers 0.00% 101,300 $1.2M
16 LPL Financial LLC 0.00% 150,177 $1.8M
17 Wells Fargo & Company/Mn 0.00% 197,453 $2.4M
18 Stifel Financial Corp 0.00% 39,883 $478K
19 Allworth Financial LP 0.00% 8,655 $104K
20 Commonwealth Equity Services, LLC 0.00% 14,825 $178K
21 Morgan Stanley 0.00% 204,206 $2.4M
22 Raymond James Financial Inc 0.00% 37,177 $446K
23 Osaic Holdings, INC. 0.00% 6,090 $73K
24 Royal Bank of Canada 0.00% 19,253 $231K
25 Bank of America Corp /de/ 0.00% 39,645 $475K
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 Arizona Qlty Mun Inc (NAZ)

What does the Smart Money Trend signal show for NAZ?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added NAZ 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 NAZ?

More buyers than sellers — 73% buying: Last quarter: 19 funds were net buyers (9 opened a brand new position + 10 added to an existing one). Only 7 were sellers (4 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NAZ holders?

Elite ownership — 49% AUM from top-100 funds: 6 of 33 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in NAZ. 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 NAZ?

48% of holders stayed for 2+ years: 16 out of 33 hedge funds have held NAZ 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.

Is it too late to buy Nuveen Arizona Qlty Mun Inc (NAZ) following the 2026 Q1 hedge fund 13F filings?

As of today, NAZ has moved -1.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of -6.4%. Since the quarter end (March 31, 2026), NAZ has gained +5.0% vs +8.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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