We are live on ! Find out more
NEA icon

Nuveen AMT-Free Quality Municipal Income Fund
NEA

76 hedge funds and large institutions have $90.8M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 3

17% more funds holding

Funds holding: 65 → 76 (+11)

0.3% less ownership

Funds ownership: 8.45% → 8.15% (-0.3%)

2% less capital invested

Capital invested by funds: $92.7M → $90.8M (-$1.89M)

5% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 19

Holders
76
Holders Change
+11
Holders Change %
+16.92%
% of All Funds
2.03%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
15
Increased
18
Reduced
19
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Ameriprise
Ameriprise
Minnesota
+$920K
2
JWA
JFS Wealth Advisors
Pennsylvania
+$751K
3
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$746K
4
OA
Oxbow Advisors
Texas
+$625K
5
Wells Fargo
Wells Fargo
California
+$347K

Top Sellers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
-$11.8M
2
HK
Horizon Kinetics
New York
-$441K
3
HighTower Advisors
HighTower Advisors
Illinois
-$211K
4
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
-$194K
5
LPL Financial
LPL Financial
California
-$189K
Name Holding Trade Value Shares
Change 		Change in
Stake
LTFS
51
Ladenburg Thalmann Financial Services
Florida
$115K +$61.8K +4,525 +117%
SNT
52
Security National Trust
West Virginia
$92K – – –
US Bancorp
53
US Bancorp
Minnesota
$92K – – –
Citigroup
54
Citigroup
New York
$90K -$5K -366 -5%
BCMIO
55
Beacon Capital Management Inc (Ohio)
Ohio
$63K +$17.8K +1,300 +40%
RC
56
RegentAtlantic Capital
New Jersey
$58.9K +$58.8K +4,300 New
IP
57
Isthmus Partners
Wisconsin
$55K +$54.7K +4,000 New
SF
58
Synovus Financial
Georgia
$43K – – –
VIA
59
Vantage Investment Advisors
Pennsylvania
$36K +$273 +20 +0.8%
Deutsche Bank
60
Deutsche Bank
Germany
$30K – – –
MAS
61
Madden Advisory Services
Florida
$29K – – –
FNBT
62
FineMark National Bank & Trust
Florida
$23K – – –
NES
63
New England Securities
New York
$23K – – –
AIG
64
American International Group
New York
$20.7K -$13.7K -1,000 -40%
CFS
65
Commonwealth Financial Services
West Virginia
$19K +$19.1K +1,400 New
PSI
66
Pinnacle Summer Investments
Virginia
$15K -$4.91K -359 -96%
HCM
67
Highlander Capital Management
New Jersey
$13K – – –
ASN
68
Advisory Services Network
Georgia
$10K +$10.1K +740 New
TWA
69
TCI Wealth Advisors
Arizona
$8K – – –
CAPTRUST Financial Advisors
70
CAPTRUST Financial Advisors
North Carolina
$8K +$8.27K +605 New
NFG
71
Next Financial Group
Texas
$7K -$17.4K -1,270 -71%
BFEC
72
Benjamin F. Edwards & Company
Missouri
$7K – – –
MA
73
MUFG Americas
New York
$7K – – –
FANJ
74
Financial Architects (New Jersey)
New Jersey
$5K +$5.29K +387 New
AllianceBernstein
75
AllianceBernstein
Tennessee
$4K – – –
1 2
3
4

NEA Hedge Fund Activity: Q4 2014 in Review

76 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q4 2014, worth a combined $90.8M — down 2% from $92.7M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new NEA positions and 3 closed out — a net gain of 12 holders — while 18 added to existing stakes and 19 trimmed.

The largest buyer was Ameriprise, adding an estimated $920K. The largest seller was Karpus Investment Management, cutting an estimated $11.8M.

  • 76 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q4 2014, up from 65 in Q3 2014.
  • Funds reported $90.8M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q4 2014, down 2% quarter-over-quarter.
  • 15 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q4 2014 and 3 closed out, a net change of +12 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q4 2014 was Ameriprise, an estimated $920K added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q4 2014 was Karpus Investment Management, an estimated $11.8M sold.

Based on aggregated 13F filings for Q4 2014.