Nuveen AMT-Free Quality Municipal Income Fund
305 hedge funds and large institutions have $783M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2022 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 85 increasing their positions, 82 reducing their positions, and 38 closing their positions.
24% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 38
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
2% more funds holding
Funds holding: 300 → 305 (+5)
4% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 82
0.69% more ownership
Funds ownership: 21.62% → 22.3% (+0.69%)
8% less capital invested
Capital invested by funds: $849M → $783M (-$65.8M)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$57.1M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$20.5M |
| 3 |
Goldman Sachs
New York
|
+$9.6M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$6.49M |
| 5 |
Rockefeller Capital Management
New York
|
+$5.87M |
Top Sellers
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$11.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.28M |
| 3 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
-$5.24M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.59M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.28M |
NEA Hedge Fund Activity: Q2 2022 in Review
305 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2022, worth a combined $783M — down 7.7% from $849M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new NEA positions and 38 closed out — a net gain of 9 holders — while 85 added to existing stakes and 82 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $57.1M. The largest seller was Rivernorth Capital Management, cutting an estimated $11.6M.
- 305 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2022, up from 300 in Q1 2022.
- Funds reported $783M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2022, down 7.7% quarter-over-quarter.
- 47 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2022 and 38 closed out, a net change of +9 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2022 was Morgan Stanley, an estimated $57.1M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2022 was Rivernorth Capital Management, an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2022.