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Nuveen AMT-Free Quality Municipal Income Fund

176 hedge funds and large institutions have $434M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2017 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 48 increasing their positions, 39 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 39

16% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 25

2% more funds holding

Funds holding: 173176 (+3)

0.06% less ownership

Funds ownership: 12.44%12.38% (-0.06%)

1% less capital invested

Capital invested by funds: $436M → $434M (-$2.43M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
176
Holders Change
+3
Holders Change %
+1.73%
% of All Funds
4.38%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
29
Increased
48
Reduced
39
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
51
First Trust Advisors
Illinois
$843K -$702K -52,864 -46%
UR
52
USCA RIA
Texas
$841K -$17.2K -1,295 -2%
EWM
53
Edge Wealth Management
New York
$791K -$22.1K -1,661 -3%
UCFA
54
United Capital Financial Advisors
Texas
$757K -$3.25K -245 -0.4%
DC
55
Davenport & Co
Virginia
$723K
HCM
56
Hollencrest Capital Management
California
$719K
LTFS
57
Ladenburg Thalmann Financial Services
Florida
$622K +$35.1K +2,645 +6%
AG
58
Advisor Group
Arizona
$600K +$55.7K +4,191 +10%
WT
59
Whittier Trust
California
$566K +$408K +30,693 +264%
SLA
60
Silver Lake Advisory
Utah
$557K +$6.36K +479 +1%
VC
61
Vicus Capital
Pennsylvania
$555K -$961K -72,335 -64%
CWM
62
Concert Wealth Management
California
$540K
WS
63
Wedbush Securities
California
$537K +$143K +10,735 +36%
Cetera Investment Advisers
64
Cetera Investment Advisers
Illinois
$536K +$285K +21,475 +114%
AWA
65
Arete Wealth Advisors
Illinois
$534K -$61.7K -4,647 -10%
EWA
66
EP Wealth Advisors
California
$527K
WB
67
WesBanco Bank
West Virginia
$526K
IA
68
IFP Advisors
Florida
$513K -$38.8K -2,919 -7%
PFBT
69
Parkside Financial Bank & Trust
Missouri
$511K
FFEC
70
First Financial Equity Corporation
Arizona
$502K +$500K +37,649 New
AllianceBernstein
71
AllianceBernstein
Tennessee
$477K +$474K +35,713 New
Baird Financial Group
72
Baird Financial Group
Wisconsin
$445K -$77.4K -5,827 -15%
MRI
73
Mad River Investors
Massachusetts
$442K
US Bancorp
74
US Bancorp
Minnesota
$428K +$127K +9,551 +43%
AIA
75
Allegis Investment Advisors
Idaho
$420K +$123K +9,241 +42%

NEA Hedge Fund Activity: Q1 2017 in Review

176 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2017, worth a combined $434M — down 0.56% from $436M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new NEA positions and 25 closed out — a net gain of 4 holders — while 48 added to existing stakes and 39 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $10.2M. The largest seller was Oxbow Advisors, exiting entirely with an estimated $16.3M sold.

  • 176 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2017, up from 173 in Q4 2016.
  • Funds reported $434M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2017, down 0.56% quarter-over-quarter.
  • 29 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2017 and 25 closed out, a net change of +4 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2017 was Rivernorth Capital Management, an estimated $10.2M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2017 was Oxbow Advisors, an estimated $16.3M sold.

Based on aggregated 13F filings for Q1 2017.