Nuveen AMT-Free Quality Municipal Income Fund
197 hedge funds and large institutions have $566M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2018 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 66 increasing their positions, 47 reducing their positions, and 25 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 47
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0.94% more ownership
Funds ownership: 15.61% → 16.55% (+0.94%)
0% more capital invested
Capital invested by funds: $564M → $566M (+$2M)
3% less funds holding
Funds holding: 203 → 197 (-6)
16% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$9.96M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.12M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$4.98M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.91M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$3.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$4.81M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.61M |
| 3 |
BAM
Brave Asset Management
Summit,
New Jersey
|
-$1.82M |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$1.48M |
| 5 |
Squarepoint
New York
|
-$1.17M |
NEA Hedge Fund Activity: Q1 2018 in Review
197 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2018, worth a combined $566M — up 0.35% from $564M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of NEA and 21 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 66 added.
The largest buyer was Karpus Investment Management, adding an estimated $9.96M. The largest seller was Proficio Capital Partners, exiting entirely with an estimated $4.81M sold.
- 197 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2018, down from 203 in Q4 2017.
- Funds reported $566M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2018, up 0.35% quarter-over-quarter.
- 21 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2018 and 25 closed out, a net change of -4 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2018 was Karpus Investment Management, an estimated $9.96M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2018 was Proficio Capital Partners, an estimated $4.81M sold.
Based on aggregated 13F filings for Q1 2018.