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Nuveen AMT-Free Quality Municipal Income Fund

303 hedge funds and large institutions have $1.17B invested in Nuveen AMT-Free Quality Municipal Income Fund in 2024 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 96 increasing their positions, 94 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more capital invested

Capital invested by funds: $1.14B → $1.17B (+$31.9M)

2% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 94

0.24% less ownership

Funds ownership: 34.36%34.12% (-0.24%)

5% less funds holding

Funds holding: 318303 (-15)

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

27% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 37

Holders
303
Holders Change
-15
Holders Change %
-4.72%
% of All Funds
4.38%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.09%
New
27
Increased
96
Reduced
94
Closed
37
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
26
PenderFund Capital Management
British Columbia, Canada
$8.07M +$821K +75,000 +17%
GCP
27
Gill Capital Partners
Colorado
$7.61M -$214K -19,511 -3%
DWM
28
Dakota Wealth Management
Florida
$7.52M +$244K +22,289 +4%
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$7.4M +$1.55M +141,928 +28%
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$7.18M -$1.05M -95,850 -13%
Truist Financial
31
Truist Financial
North Carolina
$6.94M +$184K +16,817 +3%
PNC Financial Services Group
32
PNC Financial Services Group
Pennsylvania
$6.2M +$25.4K +2,324 +0.4%
AAM
33
Advisors Asset Management
Colorado
$5.96M -$373K -34,097 -6%
MGAM
34
McGowan Group Asset Management
Texas
$5.91M +$4.61M +421,322 +447%
RJFSA
35
Raymond James Financial Services Advisors
Florida
$5.56M +$465K +42,449 +10%
Fiera Capital (Canada)
36
Fiera Capital (Canada)
Quebec, Canada
$5.55M -$2.49M -227,039 -32%
BIA
37
Barry Investment Advisors
Massachusetts
$5.41M -$332K -30,362 -6%
Envestnet Asset Management
38
Envestnet Asset Management
Illinois
$5.33M +$200K +18,280 +4%
Ameriprise
39
Ameriprise
Minnesota
$4.8M +$496K +45,317 +12%
LSC
40
Logan Stone Capital
Illinois
$4.78M -$17.5M -1,595,659 -79%
WCMNY
41
Westchester Capital Management (New York)
New York
$4.63M -$521K -47,618 -11%
CIA
42
Capital Investment Advisors
Georgia
$4.61M -$141K -12,914 -3%
MFIM
43
Mesirow Financial Investment Management
Illinois
$4.43M -$549K -50,185 -11%
EBWM
44
Eagle Bluffs Wealth Management
Missouri
$4.05M -$35.4K -3,236 -0.9%
AA
45
AQR Arbitrage
Connecticut
$3.95M -$5.51M -503,216 -59%
HKAM
46
Horizon Kinetics Asset Management
New York
$3.87M -$17.5K -1,600 -0.5%
AWA
47
Arete Wealth Advisors
Illinois
$3.81M +$21K +1,915 +0.6%
FSI
48
Flow State Investments
Illinois
$3.26M +$415K +37,893 +15%
CA
49
Cresta Advisors
Texas
$3.21M +$746K +68,139 +32%
TIM
50
Tortoise Investment Management
New York
$2.95M -$264K -24,094 -9%

NEA Hedge Fund Activity: Q2 2024 in Review

303 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2024, worth a combined $1.17B — up 2.8% from $1.14B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of NEA and 27 opened new positions — a net loss of 10 holders — while 94 trimmed existing stakes and 96 added.

The largest buyer was Mackay Shields LLC, adding an estimated $21.6M. The largest seller was Bramshill Investments, cutting an estimated $36.7M.

  • 303 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2024, down from 318 in Q1 2024.
  • Funds reported $1.17B of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2024, up 2.8% quarter-over-quarter.
  • 27 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2024 and 37 closed out, a net change of -10 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2024 was Mackay Shields LLC, an estimated $21.6M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2024 was Bramshill Investments, an estimated $36.7M sold.

Based on aggregated 13F filings for Q2 2024.