Nuveen Quality Municipal Income Fund

NAD • NYSE

Nuveen Quality Municipal Income Fund is a publicly traded company on NYSE. As of Q3 2025, 249 institutional investors hold shares in this company, with total holdings valued at $537.8M. MORGAN STANLEY is the largest holder with a position valued at $83.4M.

Websitenuveen.com

Overview

Overview of institutional ownership in NAD as of Q3 2025

All Institutions

Institutions: 249
Value Held: $537.8M
Shares Held: 46.0M
Avg Position: $2.2M
Median Position: $250.6K

Hedge Funds

Hedge Funds: 3
Value Held: $56.8M
Shares Held: 4.9M
Avg Position: $18.9M
Median Position: $18.4M

Biggest Investors

Institutions with the largest positions in NAD as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$83.4M 0.01% of portfolio	0.00% 7.1M shares	Q4 2022 Held for 2y 11m	$1.65T
UBS Group AG Institution	Sergio P. Ermotti CEO	$43.5M 0.01% of portfolio	0.00% 3.7M shares	Q4 2022 Held for 2y 11m	$511.54B
Bramshill Investments, LLC Hedge Fund•Multi-Strategy	Stephen Christopher Selver CEO	$38.0M 2.60% of portfolio	0.00% 3.3M shares	Q4 2022 Held for 2y 11m	$1.5B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$32.2M 0.00% of portfolio	0.00% 2.8M shares	Q4 2022 Held for 2y 11m	$1.33T
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$29.1M 0.01% of portfolio	0.00% 2.5M shares	Q4 2022 Held for 2y 11m	$488.50B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$28.5M 0.01% of portfolio	0.00% 2.4M shares	Q4 2024 Held for 11 months	$310.43B
G GUGGENHEIM CAPITAL LLC Institution	-	$20.6M 0.15% of portfolio	0.00% 1.8M shares	Q4 2022 Held for 2y 11m	$13.4B
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy	Patrick William Galley CEO	$18.4M 1.12% of portfolio	0.00% 1.6M shares	Q4 2022 Held for 2y 11m	$1.7B
McGowan Group Asset Management, Inc. RIA/Wealth	Spencer Dean Mcgowan President	$15.2M 2.19% of portfolio	0.00% 1.3M shares	Q1 2024 Held for 1y 8m	$695.1M
MACKAY SHIELDS LLC Long Only Manager	Alison Hiers Micucci CEO	$12.4M 2.84% of portfolio	0.00% 1.1M shares	Q1 2024 Held for 1y 8m	$435.7M

Net Capital Flow

Institutional buying and selling activity for NAD in Q3 2025

Traded: −$51.4M
Buyers: 106
Sellers: 92
Total Bought: +$32.1M
Total Sold: −$83.5M
Avg Position: $1.9M

Biggest Buyers

Institution	Net Bought	Current Position
GFS Advisors, LLC RIA/Wealth	+$6.0M +95.3K shares	$6.0M 515.2K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$5.3M +450.4K shares	$28.5M 2.4M shares
G GUGGENHEIM CAPITAL LLC Institution	+$4.3M +364.0K shares	$20.6M 1.8M shares
AMERIPRISE FINANCIAL INC Institution	+$1.1M +94.4K shares	$6.0M 511.3K shares
BANK OF AMERICA CORP /DE/ Institution	+$1.1M +92.4K shares	$32.2M 2.8M shares
C Cornerstone Advisory, LLP RIA/Wealth	+$1.0M +86.5K shares	$10.3M 885.2K shares
Congress Park Capital LLC RIA/Wealth	+$982.0K +84.0K shares	$7.3M 624.0K shares
Cetera Investment Advisers RIA/Wealth	+$870.9K +74.5K shares	$7.0M 602.6K shares
WELLS FARGO & COMPANY/MN Institution	+$717.0K +61.3K shares	$29.1M 2.5M shares
McGowan Group Asset Management, Inc. RIA/Wealth	+$701.1K +60.0K shares	$15.2M 1.3M shares

Biggest Sellers

Institution	Net Sold	Current Position
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy	−$30.3M −2.6M shares	$18.4M 1.6M shares
MACKAY SHIELDS LLC Long Only Manager	−$13.7M −1.2M shares	$12.4M 1.1M shares
Allspring Global Investments Holdings, LLC Long Only Manager	−$9.2M −811.4K shares	Sold Off 0 shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	−$4.9M −419.6K shares	$4.9M 416.4K shares
ROBINSON CAPITAL MANAGEMENT, LLC Long Only Manager	−$4.8M −413.1K shares	$1.9M 162.7K shares
Hennion & Walsh Asset Management, Inc. RIA/Wealth	−$3.4M −290.6K shares	$6.8M 582.9K shares
Rareview Capital LLC ETF Provider	−$3.1M −270.6K shares	Sold Off 0 shares
MORGAN STANLEY RIA/Wealth	−$1.6M −133.2K shares	$83.4M 7.1M shares
UBS Group AG Institution	−$1.3M −113.0K shares	$43.5M 3.7M shares
K Karpus Management, Inc. Institution	−$963.0K −85.3K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited NAD in Q3 2025

New Positions: 20
New Value: $8.0M
Exited Positions: 29
Exited Value: $18.5M

New Positions

Institution	Position Value
GFS Advisors, LLC RIA/Wealth	$6.0M 515.2K shares
Main Street Financial Solutions, LLC RIA/Wealth	$390.5K 33.4K shares
Everstar Asset Management, LLC Hedge Fund•Multi-Strategy	$366.7K 31.4K shares
Canvas Wealth Advisors, LLC RIA/Wealth	$250.0K 21.5K shares
VIRTUE ASSET MANAGEMENT LLC RIA/Wealth	$178.6K 15.3K shares
Ashton Thomas Private Wealth, LLC RIA/Wealth	$152.0K 13.0K shares
Northeast Financial Group, Inc. RIA/Wealth	$145.7K 12.5K shares
FIDUCIARY FINANCIAL GROUP, LLC RIA/Wealth	$143.7K 12.3K shares
Pensionmark Financial Group, LLC Pension/Endowment	$125.0K 10.7K shares
NBC SECURITIES, INC. RIA/Wealth	$79.2K 6.8K shares

Exited Positions

Institution	Previous Position
Allspring Global Investments Holdings, LLC Long Only Manager	$9.2M 811.4K shares
Rareview Capital LLC ETF Provider	$3.1M 270.6K shares
K Karpus Management, Inc. Institution	$963.0K 85.3K shares
Stratos Wealth Advisors, LLC RIA/Wealth	$812.9K 72.0K shares
ABSOLUTE INVESTMENT ADVISERS LLC Hedge Fund•Multi-Strategy	$739.5K 65.5K shares
Sontag Advisory, LLC RIA/Wealth	$548.0K 48.5K shares
Atala Financial Inc RIA/Wealth	$395.2K 35.0K shares
Geneos Wealth Management Inc. RIA/Wealth	$303.8K 26.9K shares
P Portfolio Strategies, Inc. RIA/Wealth	$265.6K 23.5K shares
H Hilltop Holdings Inc. Institution	$209.5K 18.6K shares

Options Activity

Institutions with the largest Call and Put options positions in NAD as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with NAD as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Eagle Bluffs Wealth Management LLC RIA/Wealth	Nicholas James Thurwanger Founder	3.24% $7.5M	0.00% 639.2K shares	Q4 2022 Held for 2y 11m	$231.7M
MACKAY SHIELDS LLC Long Only Manager	Alison Hiers Micucci CEO	2.84% $12.4M	0.00% 1.1M shares	Q1 2024 Held for 1y 8m	$435.7M
Bramshill Investments, LLC Hedge Fund•Multi-Strategy	Stephen Christopher Selver CEO	2.60% $38.0M	0.00% 3.3M shares	Q4 2022 Held for 2y 11m	$1.5B
Congress Park Capital LLC RIA/Wealth	Eric Brodwin CIO	2.35% $7.3M	0.00% 624.0K shares	Q4 2022 Held for 2y 11m	$310.3M
McGowan Group Asset Management, Inc. RIA/Wealth	Spencer Dean Mcgowan President	2.19% $15.2M	0.00% 1.3M shares	Q1 2024 Held for 1y 8m	$695.1M
GILL CAPITAL PARTNERS, LLC RIA/Wealth	Leslie Squires Rojas CCO	1.96% $6.4M	0.00% 543.3K shares	Q4 2022 Held for 2y 11m	$323.7M
ROBINSON CAPITAL MANAGEMENT, LLC Long Only Manager	James Christopher Robinson CEO	1.39% $1.9M	0.00% 162.7K shares	Q4 2022 Held for 2y 11m	$136.7M
P Palogic Value Management, L.P. RIA/Wealth	Scott Aubrey Williams Partner	1.27% $3.0M	0.00% 253.6K shares	Q4 2022 Held for 2y 11m	$233.1M
Melone Private Wealth, LLC RIA/Wealth	Louis J Melone Managing Partner	1.25% $2.8M	0.00% 235.9K shares	Q4 2022 Held for 2y 11m	$220.7M
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy	Patrick William Galley CEO	1.12% $18.4M	0.00% 1.6M shares	Q4 2022 Held for 2y 11m	$1.7B

Hedge Fund Spotlight

Discover hedge funds investing in NAD

Bramshill Investments, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerStephen Christopher Selver

Portfolio Value: $1.5B
Positions: 150
Last Reported: Q3 2025

Sector Allocation

Position in Nuveen Quality Municipal Income Fund

Market Value: $38.0M
Shares Held: 3.3M
Portfolio Weight: 2.60%
Owned Since: 2022-Q4

Top Holding	Sector	Market Value	Weight
1 iShares 0-5 Year High Yield Corporate Bond SHYG	ETF ETF	$376.4M	25.70%
2 iShares Preferred and Income Securities ETF PFF	ETF ETF	$197.3M	13.47%
3 iShares 20+ Year Treasury Bond TLT	ETF ETF	$143.6M	9.81%