We are live on ! Find out more
NEA icon

Nuveen AMT-Free Quality Municipal Income Fund
NEA

216 hedge funds and large institutions have $734M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2018 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 58 increasing their positions, 53 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 34

11% more capital invested

Capital invested by funds: $659M → $734M (+$75M)

3.45% more ownership

Funds ownership: 19.21% → 22.66% (+3.4%)

1% more funds holding

Funds holding: 213 → 216 (+3)

9% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 53

17% less funds holding in top 10

Funds holding in top 10: 6 → 5 (-1)

Holders
216
Holders Change
+3
Holders Change %
+1.41%
% of All Funds
4.81%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.11%
New
40
Increased
58
Reduced
53
Closed
34
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
+$76M
2
V
Veritable
Delaware
+$18.7M
3
RCM
Rivernorth Capital Management
Florida
+$16M
4
SIA
Sit Investment Associates
Minnesota
+$7.74M
5
1CP
1607 Capital Partners
Virginia
+$4.42M

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$14.3M
2
PPA
Parametric Portfolio Associates
Washington
-$6.28M
3
LB
Landmark Bank
Missouri
-$5.56M
4
GC
Guggenheim Capital
Illinois
-$4.28M
5
Morgan Stanley
Morgan Stanley
New York
-$3.69M
Name Holding Trade Value Shares
Change 		Change in
Stake
DWM
26
Dakota Wealth Management
Florida
$4.2M +$1.08M +88,127 +35%
JWA
27
JFS Wealth Advisors
Pennsylvania
$4.04M +$51.8K +4,223 +1%
Cohen & Steers
28
Cohen & Steers
New York
$3.93M +$492K +40,121 +14%
1832 Asset Management
29
1832 Asset Management
Ontario, Canada
$3.69M – – –
RJFSA
30
Raymond James Financial Services Advisors
Florida
$3.58M +$1.17M +95,481 +49%
BTS
31
BB&T Securities
Virginia
$3.05M -$115K -9,403 -4%
TW
32
TrinityPoint Wealth
Connecticut
$2.95M +$2.94M +239,846 New
VCM
33
Vivaldi Capital Management
Illinois
$2.86M +$453K +36,971 +19%
6M
34
6 Meridian
Kansas
$2.85M +$1.48M +120,766 +109%
AAM
35
Advisors Asset Management
Colorado
$2.83M -$76K -6,195 -3%
GCP
36
Gill Capital Partners
Colorado
$2.34M +$2M +163,342 New
AG
37
Advisor Group
Arizona
$2.24M -$67.2K -5,479 -3%
Ameriprise
38
Ameriprise
Minnesota
$2.11M +$221K +18,047 +12%
HI
39
HBK Investments
Texas
$2.08M +$2.07M +169,161 New
HFA
40
Huber Financial Advisors
Illinois
$2.03M +$8.93K +728 +0.4%
Invesco
41
Invesco
Georgia
$2.02M -$189K -15,372 -9%
WAM
42
Weiss Asset Management
Massachusetts
$2M +$1.99M +162,616 New
LPL Financial
43
LPL Financial
California
$1.92M -$310K -25,312 -14%
DLG
44
Daniel L. Goodwin
$1.85M – – –
DFG
45
Delphi Financial Group
Delaware
$1.85M +$1.84M +150,100 New
CIA
46
Capital Investment Advisors
Georgia
$1.82M -$24K -1,954 -1%
EWM
47
Edge Wealth Management
New York
$1.79M +$720K +58,690 +68%
NCMW
48
Northern Capital Management (Wisconsin)
Wisconsin
$1.73M -$503K -41,011 -23%
UCFA
49
United Capital Financial Advisors
Texas
$1.62M – – –
Susquehanna International Group
50
Susquehanna International Group
Pennsylvania
$1.58M +$1.04M +85,174 +198%
1
2
3 4 5

NEA Hedge Fund Activity: Q4 2018 in Review

216 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q4 2018, worth a combined $734M — up 11% from $659M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new NEA positions and 34 closed out — a net gain of 6 holders — while 58 added to existing stakes and 53 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $76M. The largest seller was UBS Group, cutting an estimated $14.3M.

  • 216 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q4 2018, up from 213 in Q3 2018.
  • Funds reported $734M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q4 2018, up 11% quarter-over-quarter.
  • 40 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q4 2018 and 34 closed out, a net change of +6 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q4 2018 was Karpus Investment Management, an estimated $76M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q4 2018 was UBS Group, an estimated $14.3M sold.

Based on aggregated 13F filings for Q4 2018.