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Nuveen AMT-Free Quality Municipal Income Fund

85 hedge funds and large institutions have $94.9M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.42% less ownership

Funds ownership: 9.79%8.37% (-1.4%)

10% less funds holding

Funds holding: 9485 (-9)

12% less capital invested

Capital invested by funds: $108M → $94.9M (-$12.8M)

16% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 25

57% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 14

Holders
85
Holders Change
-9
Holders Change %
-9.57%
% of All Funds
2.26%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
21
Reduced
25
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HK
51
Horizon Kinetics
New York
$173K +$2.73K +196 +2%
AIM
52
Allen Investment Management
New York
$170K
CAN
53
Cetera Advisor Networks
California
$169K +$167K +12,000 New
SBIA
54
Sheaff Brock Investment Advisors
Indiana
$160K
HCM
55
Hollencrest Capital Management
California
$155K
CAG
56
Crestwood Advisors Group
Massachusetts
$153K
UR
57
USCA RIA
Texas
$149K
GWM
58
Geneos Wealth Management
Colorado
$149K +$146K +10,475 New
Citigroup
59
Citigroup
New York
$140K -$14.5K -1,041 -10%
SNT
60
Security National Trust
West Virginia
$133K +$37.7K +2,700 +41%
US Bancorp
61
US Bancorp
Minnesota
$122K +$21.1K +1,514 +22%
JP Morgan Chase
62
JP Morgan Chase
New York
$116K
AIG
63
American International Group
New York
$85K
LTFS
64
Ladenburg Thalmann Financial Services
Florida
$65K -$31.5K -2,261 -33%
Carson Wealth (CWM LLC)
65
Carson Wealth (CWM LLC)
Nebraska
$60K
NFG
66
Next Financial Group
Texas
$59K
Envestnet Asset Management
67
Envestnet Asset Management
Illinois
$57K +$55.8K +4,000 New
AC
68
Alexandria Capital
Virginia
$50K
PFSC
69
Peoples Financial Services Corp
Pennsylvania
$48K +$47.3K +3,389 New
BCMIO
70
Beacon Capital Management Inc (Ohio)
Ohio
$47K -$26.4K -1,896 -36%
SF
71
Synovus Financial
Georgia
$45K
VIA
72
Vantage Investment Advisors
Pennsylvania
$38K +$265 +19 +0.7%
Deutsche Bank
73
Deutsche Bank
Germany
$31K
IA
74
IFP Advisors
Florida
$28K -$31.5K -2,255 -52%
AssetMark Inc
75
AssetMark Inc
California
$25K

NEA Hedge Fund Activity: Q1 2016 in Review

85 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2016, worth a combined $94.9M — down 12% from $108M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of NEA and 6 opened new positions — a net loss of 8 holders — while 25 trimmed existing stakes and 21 added.

The largest buyer was VanEck Associates, adding an estimated $711K. The largest seller was McGowan Group Asset Management, exiting entirely with an estimated $4.85M sold.

  • 85 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2016, down from 94 in Q4 2015.
  • Funds reported $94.9M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2016, down 12% quarter-over-quarter.
  • 6 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2016 and 14 closed out, a net change of -8 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2016 was VanEck Associates, an estimated $711K added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2016 was McGowan Group Asset Management, an estimated $4.85M sold.

Based on aggregated 13F filings for Q1 2016.