Nuveen AMT-Free Quality Municipal Income Fund
290 hedge funds and large institutions have $940M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2023 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 101 increasing their positions, 71 reducing their positions, and 26 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 71
12% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 26
1.53% more ownership
Funds ownership: 27.22% → 28.75% (+1.5%)
5% more capital invested
Capital invested by funds: $898M → $940M (+$42.5M)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
0% less funds holding
Funds holding: 291 → 290 (-1)
Top Buyers
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$30.9M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$12.8M |
| 3 |
Morgan Stanley
New York
|
+$9.56M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
+$4.65M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$3.77M |
Top Sellers
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$9.89M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$5.22M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$4.37M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.49M |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$2.39M |
NEA Hedge Fund Activity: Q2 2023 in Review
290 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2023, worth a combined $940M — up 4.7% from $898M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NEA positions and 26 closed out — a net gain of 3 holders — while 101 added to existing stakes and 71 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $30.9M. The largest seller was Guggenheim Capital, cutting an estimated $9.89M.
- 290 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2023, down from 291 in Q1 2023.
- Funds reported $940M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2023, up 4.7% quarter-over-quarter.
- 29 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2023 and 26 closed out, a net change of +3 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2023 was Karpus Investment Management, an estimated $30.9M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2023 was Guggenheim Capital, an estimated $9.89M sold.
Based on aggregated 13F filings for Q2 2023.