Nuveen AMT-Free Quality Municipal Income Fund
256 hedge funds and large institutions have $887M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2020 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 81 increasing their positions, 61 reducing their positions, and 27 closing their positions.
44% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 27
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
33% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 61
4% more funds holding
Funds holding: 247 → 256 (+9)
1.48% more ownership
Funds ownership: 22.06% → 23.54% (+1.5%)
0% more capital invested
Capital invested by funds: $885M → $887M (+$2.13M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$22.9M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$19.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$18.3M |
| 4 |
JP Morgan Chase
New York
|
+$5.78M |
| 5 |
SW
SlateStone Wealth
Jupiter,
Florida
|
+$5.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$20.2M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$6.56M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$5.44M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.51M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TL
276
TrueWealth LLC
Atlanta,
Georgia
| – | -$58K | -4,000 | Closed |
|
|
AA
277
Argent Advisors
Monroe,
Louisiana
| – | -$56K | -3,899 | Closed |
|
|
TCWM
278
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$26K | -1,806 | Closed |
|
279
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$25K | -1,743 | Closed |
|
|
LPWM
280
Lake Point Wealth Management
Rockwall,
Texas
| – | -$18K | -1,233 | Closed |
|
|
TF
281
TimeScale Financial
Danvers,
Massachusetts
| – | -$7K | -538 | Closed |
|
|
PWP
282
Personal Wealth Partners
Bloomington,
Minnesota
| – | -$7K | -485 | Closed |
|
NEA Hedge Fund Activity: Q1 2020 in Review
256 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2020, worth a combined $887M — up 0.24% from $885M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new NEA positions and 27 closed out — a net gain of 12 holders — while 81 added to existing stakes and 61 trimmed.
The largest buyer was Bramshill Investments, opening a new position worth an estimated $22.9M. The largest seller was Rivernorth Capital Management, cutting an estimated $20.2M.
- 256 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2020, up from 247 in Q4 2019.
- Funds reported $887M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2020, up 0.24% quarter-over-quarter.
- 39 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2020 and 27 closed out, a net change of +12 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2020 was Bramshill Investments, an estimated $22.9M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2020 was Rivernorth Capital Management, an estimated $20.2M sold.
Based on aggregated 13F filings for Q1 2020.