Nuveen AMT-Free Quality Municipal Income Fund
308 hedge funds and large institutions have $1.06B invested in Nuveen AMT-Free Quality Municipal Income Fund in 2024 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 112 increasing their positions, 66 reducing their positions, and 33 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 66
27% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 33
2% more funds holding
Funds holding: 303 → 308 (+5)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
4.44% less ownership
Funds ownership: 34.12% → 29.68% (-4.4%)
9% less capital invested
Capital invested by funds: $1.17B → $1.06B (-$109M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$17M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$8.98M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.66M |
| 4 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$4.84M |
| 5 |
MAM
Milestone Asset Management
Pittsburgh,
Pennsylvania
|
+$4.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$121M |
| 2 |
SCM
Saba Capital Management
New York
|
-$34.3M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$13.1M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$11M |
| 5 |
Rockefeller Capital Management
New York
|
-$10.8M |
NEA Hedge Fund Activity: Q3 2024 in Review
308 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q3 2024, worth a combined $1.06B — down 9.3% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new NEA positions and 33 closed out — a net gain of 9 holders — while 112 added to existing stakes and 66 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $17M. The largest seller was Karpus Investment Management, cutting an estimated $121M.
- 308 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q3 2024, up from 303 in Q2 2024.
- Funds reported $1.06B of Nuveen AMT-Free Quality Municipal Income Fund stock for Q3 2024, down 9.3% quarter-over-quarter.
- 42 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q3 2024 and 33 closed out, a net change of +9 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q3 2024 was Bramshill Investments, an estimated $17M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q3 2024 was Karpus Investment Management, an estimated $121M sold.
Based on aggregated 13F filings for Q3 2024.