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Nuveen AMT-Free Quality Municipal Income Fund

237 hedge funds and large institutions have $941M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 75 increasing their positions, 58 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 58

6% more capital invested

Capital invested by funds: $887M → $941M (+$53.5M)

0.74% more ownership

Funds ownership: 23.54%24.29% (+0.74%)

7% less funds holding

Funds holding: 256237 (-19)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

44% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 34

Holders
237
Holders Change
-19
Holders Change %
-7.42%
% of All Funds
4.86%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.12%
New
19
Increased
75
Reduced
58
Closed
34
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WLPWM
226
Walled Lake Planning & Wealth Management
Illinois
$10K +$122 +9 +1%
Northern Trust
227
Northern Trust
Illinois
$10K +$297K +22,000 +47%
CFA
228
Carroll Financial Associates
North Carolina
$9K
MRCM
229
M&R Capital Management
New Jersey
$9K
MFT
230
Moisand Fitzgerald Tamayo
Florida
$8K +$7.88K +583 New
FHA
231
Flagship Harbor Advisors
Massachusetts
$7K
RFA
232
Reilly Financial Advisors
California
$4K -$25.5K -1,885 -86%
FCA
233
FinTrust Capital Advisors
South Carolina
$3K
GWMIA
234
Global Wealth Management Investment Advisory
Florida
$2K
KTC
235
Kistler-Tiffany Companies
Pennsylvania
$1K
SIS
236
Sound Income Strategies
Florida
$1K
FCH
237
Freestone Capital Holdings
Washington
$278
TI
238
tru Independence
Oregon
$55
AA
239
AQR Arbitrage
Connecticut
-$1.97M -145,653 Closed
Kovitz Investment Group Partners
240
Kovitz Investment Group Partners
Illinois
-$1.9M -140,647 Closed
Jane Street
241
Jane Street
New York
-$663K -48,933 Closed
LFPWM
242
Leicht Financial Planning & Wealth Management
New Jersey
-$605K -44,783 Closed
SMH
243
Sanders Morris Harris
Texas
-$444K -38,655 Closed
BAM
244
Brave Asset Management
New Jersey
-$440K -32,486 Closed
LCM
245
Landscape Capital Management
New Jersey
-$351K -25,921 Closed
AWM
246
Aberdeen Wealth Management
Illinois
-$319K -23,554 Closed
TF
247
TIAA FSB
Florida
-$283K -20,874 Closed
WFA
248
Wellspring Financial Advisors
Ohio
-$214K -15,779 Closed
Citadel Advisors
249
Citadel Advisors
Florida
-$211K -15,576 Closed
Goldman Sachs
250
Goldman Sachs
New York
-$198K -14,614 Closed

NEA Hedge Fund Activity: Q2 2020 in Review

237 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2020, worth a combined $941M — up 6% from $887M a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of NEA and 19 opened new positions — a net loss of 15 holders — while 58 trimmed existing stakes and 75 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $36.2M. The largest seller was Karpus Investment Management, cutting an estimated $30.6M.

  • 237 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2020, down from 256 in Q1 2020.
  • Funds reported $941M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2020, up 6% quarter-over-quarter.
  • 19 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2020 and 34 closed out, a net change of -15 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2020 was Rivernorth Capital Management, an estimated $36.2M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2020 was Karpus Investment Management, an estimated $30.6M sold.

Based on aggregated 13F filings for Q2 2020.