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Nuveen AMT-Free Quality Municipal Income Fund

173 hedge funds and large institutions have $436M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 45 increasing their positions, 48 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

30% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 23

3% more funds holding

Funds holding: 168173 (+5)

1.32% more ownership

Funds ownership: 11.12%12.44% (+1.3%)

2% more capital invested

Capital invested by funds: $429M → $436M (+$7.55M)

6% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 48

Holders
173
Holders Change
+5
Holders Change %
+2.98%
% of All Funds
4.33%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.1%
New
30
Increased
45
Reduced
48
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
51
Ameriprise
Minnesota
$1.01M +$129K +9,517 +14%
Cambridge Investment Research Advisors
52
Cambridge Investment Research Advisors
Iowa
$948K +$175K +12,935 +22%
FFA
53
First Foundation Advisors
California
$895K +$151K +11,137 +20%
ICA
54
Infrastructure Capital Advisors
New York
$858K +$869K +64,296 New
UR
55
USCA RIA
Texas
$857K -$11.3K -838 -1%
EWM
56
Edge Wealth Management
New York
$813K +$800K +59,208 +3,383%
UCFA
57
United Capital Financial Advisors
Texas
$759K -$124K -9,148 -14%
MFS
58
MSI Financial Services
Massachusetts
$757K +$37.8K +2,798 +5%
DC
59
Davenport & Co
Virginia
$723K -$108K -8,000 -13%
HCM
60
Hollencrest Capital Management
California
$718K -$215K -15,944 -23%
BHTS
61
Bar Harbor Trust Services
Maine
$697K -$41 -3 -0%
AWA
62
Arete Wealth Advisors
Illinois
$595K -$99.5K -7,362 -14%
LTFS
63
Ladenburg Thalmann Financial Services
Florida
$583K +$188K +13,901 +46%
IA
64
IFP Advisors
Florida
$551K -$241K -17,841 -30%
SLA
65
Silver Lake Advisory
Utah
$550K +$36.1K +2,671 +7%
AG
66
Advisor Group
Arizona
$542K +$81.2K +6,005 +17%
CWM
67
Concert Wealth Management
California
$540K -$239K -17,650 -30%
WB
68
WesBanco Bank
West Virginia
$526K -$54 -4 -0%
EWA
69
EP Wealth Advisors
California
$526K
Baird Financial Group
70
Baird Financial Group
Wisconsin
$522K -$792K -58,563 -60%
PFBT
71
Parkside Financial Bank & Trust
Missouri
$510K
MRI
72
Mad River Investors
Massachusetts
$442K
TBA
73
Tower Bridge Advisors
Pennsylvania
$416K
KA
74
Kovack Advisors
Florida
$406K +$411K +30,437 New
WS
75
Wedbush Securities
California
$393K +$14.8K +1,096 +4%

NEA Hedge Fund Activity: Q4 2016 in Review

173 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q4 2016, worth a combined $436M — up 1.8% from $429M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new NEA positions and 23 closed out — a net gain of 7 holders — while 45 added to existing stakes and 48 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $41.1M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $8.11M sold.

  • 173 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q4 2016, up from 168 in Q3 2016.
  • Funds reported $436M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q4 2016, up 1.8% quarter-over-quarter.
  • 30 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q4 2016 and 23 closed out, a net change of +7 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q4 2016 was Rivernorth Capital Management, an estimated $41.1M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q4 2016 was Laurion Capital Management, an estimated $8.11M sold.

Based on aggregated 13F filings for Q4 2016.