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Nuveen AMT-Free Quality Municipal Income Fund

197 hedge funds and large institutions have $566M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2018 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 66 increasing their positions, 47 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 47

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

0.94% more ownership

Funds ownership: 15.61%16.55% (+0.94%)

0% more capital invested

Capital invested by funds: $564M → $566M (+$2M)

3% less funds holding

Funds holding: 203197 (-6)

16% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 25

Holders
197
Holders Change
-6
Holders Change %
-2.96%
% of All Funds
4.51%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.11%
New
21
Increased
66
Reduced
47
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Cohen & Steers
26
Cohen & Steers
New York
$3.58M +$348K +26,431 +11%
BTS
27
BB&T Securities
Virginia
$3.39M -$132K -10,037 -4%
LCM
28
Landscape Capital Management
New Jersey
$3.23M +$716K +54,304 +28%
Ameriprise
29
Ameriprise
Minnesota
$2.65M -$46.3K -3,512 -2%
AG
30
Advisor Group
Arizona
$2.42M +$94.2K +7,145 +4%
CC
31
Claybrook Capital
Massachusetts
$2.4M
RJFSA
32
Raymond James Financial Services Advisors
Florida
$2.34M +$2.37M +180,017 New
LPL Financial
33
LPL Financial
California
$2.31M +$526K +39,891 +29%
VCM
34
Vivaldi Capital Management
Illinois
$2.2M +$632K +47,963 +40%
HFA
35
Huber Financial Advisors
Illinois
$2.08M +$27K +2,051 +1%
NCMW
36
Northern Capital Management (Wisconsin)
Wisconsin
$2.03M -$45.7K -3,464 -2%
Bank of New York Mellon
37
Bank of New York Mellon
New York
$2.03M +$1.83M +139,130 +832%
Invesco
38
Invesco
Georgia
$1.98M +$317K +24,043 +19%
CIA
39
Capital Investment Advisors
Georgia
$1.97M +$32K +2,425 +2%
CCWA
40
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$1.97M
DLG
41
Daniel L. Goodwin
$1.95M
TCM
42
Tradewinds Capital Management
Washington
$1.92M +$44.6K +3,386 +2%
FFA
43
First Foundation Advisors
California
$1.91M -$140K -10,607 -7%
Janney Montgomery Scott
44
Janney Montgomery Scott
Pennsylvania
$1.61M +$279K +21,176 +21%
Cambridge Investment Research Advisors
45
Cambridge Investment Research Advisors
Iowa
$1.54M +$143K +10,851 +10%
UCFA
46
United Capital Financial Advisors
Texas
$1.35M +$135K +10,269 +11%
6M
47
6 Meridian
Kansas
$1.27M +$228K +17,294 +22%
WT
48
Whittier Trust
California
$1.25M -$75.5K -5,728 -6%
LTFS
49
Ladenburg Thalmann Financial Services
Florida
$1.17M +$116K +8,763 +11%
EWM
50
Edge Wealth Management
New York
$1.15M +$351K +26,620 +43%

NEA Hedge Fund Activity: Q1 2018 in Review

197 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2018, worth a combined $566M — up 0.35% from $564M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of NEA and 21 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 66 added.

The largest buyer was Karpus Investment Management, adding an estimated $9.96M. The largest seller was Proficio Capital Partners, exiting entirely with an estimated $4.81M sold.

  • 197 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2018, down from 203 in Q4 2017.
  • Funds reported $566M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2018, up 0.35% quarter-over-quarter.
  • 21 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2018 and 25 closed out, a net change of -4 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2018 was Karpus Investment Management, an estimated $9.96M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2018 was Proficio Capital Partners, an estimated $4.81M sold.

Based on aggregated 13F filings for Q1 2018.