Nuveen AMT-Free Quality Municipal Income Fund
300 hedge funds and large institutions have $849M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2022 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 84 increasing their positions, 85 reducing their positions, and 42 closing their positions.
0.03% more ownership
Funds ownership: 21.59% → 21.62% (+0.03%)
1% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 85
3% less funds holding
Funds holding: 310 → 300 (-10)
12% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 42
16% less capital invested
Capital invested by funds: $1.01B → $849M (-$156M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$35.9M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$11.3M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$10.3M |
| 4 |
Morgan Stanley
New York
|
+$6.84M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$31M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$8.76M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$5.06M |
| 4 |
BAM
Brave Asset Management
Summit,
New Jersey
|
-$4.43M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.22M |
NEA Hedge Fund Activity: Q1 2022 in Review
300 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2022, worth a combined $849M — down 16% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of NEA and 37 opened new positions — a net loss of 5 holders — while 85 trimmed existing stakes and 84 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $35.9M. The largest seller was Bramshill Investments, cutting an estimated $31M.
- 300 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2022, down from 310 in Q4 2021.
- Funds reported $849M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2022, down 16% quarter-over-quarter.
- 37 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2022 and 42 closed out, a net change of -5 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2022 was Rivernorth Capital Management, an estimated $35.9M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2022 was Bramshill Investments, an estimated $31M sold.
Based on aggregated 13F filings for Q1 2022.