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Nuveen AMT-Free Quality Municipal Income Fund

100 hedge funds and large institutions have $93.5M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

214% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 7

18% more funds holding

Funds holding: 85100 (+15)

6% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 18

0.5% less ownership

Funds ownership: 8.37%7.87% (-0.5%)

1% less capital invested

Capital invested by funds: $94.9M → $93.5M (-$1.31M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
100
Holders Change
+15
Holders Change %
+17.65%
% of All Funds
2.67%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
22
Increased
19
Reduced
18
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BTS
26
BB&T Securities
Virginia
$665K
Northwestern Mutual Wealth Management
27
Northwestern Mutual Wealth Management
Wisconsin
$633K -$32.7K -2,230 -5%
RJA
28
Raymond James & Associates
Florida
$620K +$25.9K +1,767 +4%
CCWA
29
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$610K
NL
30
NWAM LLC
Washington
$602K
SLA
31
Silver Lake Advisory
Utah
$572K +$560K +38,156 New
KIM
32
Karpus Investment Management
New York
$569K
GEM
33
Global Endowment Management
North Carolina
$523K
VFS
34
VSR Financial Services
Kansas
$466K -$1.86K -127 -0.4%
PNC Financial Services Group
35
PNC Financial Services Group
Pennsylvania
$466K +$159K +10,846 +54%
MFS
36
MSI Financial Services
Massachusetts
$419K -$311K -21,179 -43%
Lazard Asset Management
37
Lazard Asset Management
New York
$408K
DA
38
Doliver Advisors
Texas
$393K +$383K +26,091 New
IAA
39
Ironsides Asset Advisors
North Carolina
$390K
FFA
40
First Foundation Advisors
California
$376K +$368K +25,042 New
GBA
41
Garrison Bradford & Associates
New York
$375K +$367K +25,000 New
OFG
42
OTA Financial Group
New York
$373K +$366K +24,898 New
LCM
43
Landscape Capital Management
New Jersey
$372K -$75.7K -5,157 -17%
Ameriprise
44
Ameriprise
Minnesota
$347K -$6.42K -437 -2%
LCM
45
Laurion Capital Management
New York
$333K +$326K +22,198 New
RBC
46
Roble Belko & Company
Pennsylvania
$290K
CWM
47
Concert Wealth Management
California
$268K
RJT
48
Raymond James Trust
Florida
$260K
SPC
49
Sigma Planning Corp
Michigan
$258K -$170K -11,552 -40%
OIA
50
Optimum Investment Advisors
Illinois
$255K

NEA Hedge Fund Activity: Q2 2016 in Review

100 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2016, worth a combined $93.5M — down 1.4% from $94.9M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new NEA positions and 7 closed out — a net gain of 15 holders — while 19 added to existing stakes and 18 trimmed.

The largest buyer was Curi RMB Capital, opening a new position worth an estimated $2.75M. The largest seller was Oak Hill Advisors, exiting entirely with an estimated $7.94M sold.

  • 100 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2016, up from 85 in Q1 2016.
  • Funds reported $93.5M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2016, down 1.4% quarter-over-quarter.
  • 22 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2016 and 7 closed out, a net change of +15 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2016 was Curi RMB Capital, an estimated $2.75M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2016 was Oak Hill Advisors, an estimated $7.94M sold.

Based on aggregated 13F filings for Q2 2016.