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Nuveen AMT-Free Quality Municipal Income Fund

206 hedge funds and large institutions have $631M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 50 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 14

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

12% more capital invested

Capital invested by funds: $566M → $631M (+$65.6M)

10% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 50

5% more funds holding

Funds holding: 197206 (+9)

1.86% more ownership

Funds ownership: 16.55%18.41% (+1.9%)

Holders
206
Holders Change
+9
Holders Change %
+4.57%
% of All Funds
4.72%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.16%
New
24
Increased
55
Reduced
50
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1832 Asset Management
26
1832 Asset Management
Ontario, Canada
$3.9M
Cohen & Steers
27
Cohen & Steers
New York
$3.69M +$108K +8,337 +3%
BTS
28
BB&T Securities
Virginia
$3.37M -$20.1K -1,559 -0.6%
AAM
29
Advisors Asset Management
Colorado
$3.35M -$1.32M -102,009 -28%
LCM
30
Landscape Capital Management
New Jersey
$2.87M -$361K -27,972 -11%
Ameriprise
31
Ameriprise
Minnesota
$2.52M -$104K -8,086 -4%
AG
32
Advisor Group
Arizona
$2.49M +$62.9K +4,869 +3%
RJFSA
33
Raymond James Financial Services Advisors
Florida
$2.44M +$101K +7,794 +4%
LPL Financial
34
LPL Financial
California
$2.44M +$126K +9,775 +5%
CC
35
Claybrook Capital
Massachusetts
$2.4M
NCMW
36
Northern Capital Management (Wisconsin)
Wisconsin
$2.35M +$314K +24,265 +16%
VCM
37
Vivaldi Capital Management
Illinois
$2.35M +$147K +11,395 +7%
CWM
38
Cornerstone Wealth Management
Missouri
$2.21M +$372K +28,775 New
HFA
39
Huber Financial Advisors
Illinois
$2.11M +$27.4K +2,119 +1%
Invesco
40
Invesco
Georgia
$2.09M +$113K +8,754 +6%
DLG
41
Daniel L. Goodwin
$1.96M
CIA
42
Capital Investment Advisors
Georgia
$1.87M -$94.7K -7,329 -5%
FFA
43
First Foundation Advisors
California
$1.83M -$84K -6,499 -4%
TCM
44
Tradewinds Capital Management
Washington
$1.81M -$110K -8,521 -6%
Janney Montgomery Scott
45
Janney Montgomery Scott
Pennsylvania
$1.6M -$5.47K -423 -0.3%
Cambridge Investment Research Advisors
46
Cambridge Investment Research Advisors
Iowa
$1.42M -$120K -9,271 -8%
6M
47
6 Meridian
Kansas
$1.36M +$97.6K +7,554 +8%
UCFA
48
United Capital Financial Advisors
Texas
$1.32M -$31.4K -2,433 -2%
CCWA
49
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$1.31M -$656K -50,793 -34%
LTFS
50
Ladenburg Thalmann Financial Services
Florida
$1.17M

NEA Hedge Fund Activity: Q2 2018 in Review

206 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2018, worth a combined $631M — up 12% from $566M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new NEA positions and 14 closed out — a net gain of 10 holders — while 55 added to existing stakes and 50 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $32.1M. The largest seller was Robinson Capital Management, cutting an estimated $4.22M.

  • 206 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2018, up from 197 in Q1 2018.
  • Funds reported $631M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2018, up 12% quarter-over-quarter.
  • 24 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2018 and 14 closed out, a net change of +10 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2018 was Karpus Investment Management, an estimated $32.1M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2018 was Robinson Capital Management, an estimated $4.22M sold.

Based on aggregated 13F filings for Q2 2018.