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Nuveen AMT-Free Quality Municipal Income Fund

206 hedge funds and large institutions have $631M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 50 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 14

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

12% more capital invested

Capital invested by funds: $566M → $631M (+$65.6M)

10% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 50

5% more funds holding

Funds holding: 197206 (+9)

1.86% more ownership

Funds ownership: 16.55%18.41% (+1.9%)

Holders
206
Holders Change
+9
Holders Change %
+4.57%
% of All Funds
4.72%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.16%
New
24
Increased
55
Reduced
50
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NL
51
NWAM LLC
Washington
$1.16M +$329K +25,440 +40%
EWM
52
Edge Wealth Management
New York
$1.15M
RJT
53
Raymond James Trust
Florida
$1.1M
Creative Planning
54
Creative Planning
Kansas
$1.09M +$24.8K +1,916 +2%
Koshinski Asset Management
55
Koshinski Asset Management
Illinois
$1.07M -$12.9K -1,000 -1%
WT
56
Whittier Trust
California
$1.06M -$189K -14,627 -15%
WTC
57
WhitTier Trust Company
Nevada
$1.01M -$119K -9,187 -11%
BFA
58
Beaumont Financial Advisors
Massachusetts
$968K -$4.2K -325 -0.4%
Northwestern Mutual Wealth Management
59
Northwestern Mutual Wealth Management
Wisconsin
$965K -$11.2K -864 -1%
SFWA
60
Summit Financial Wealth Advisors
Louisiana
$949K
BFEC
61
Benjamin F. Edwards & Company
Missouri
$938K +$7.26K +562 +0.8%
Truist Financial
62
Truist Financial
North Carolina
$929K +$86.1K +6,667 +10%
Fifth Third Bancorp
63
Fifth Third Bancorp
Ohio
$917K +$3.68K +285 +0.4%
TFS
64
TrustCore Financial Services
Tennessee
$884K +$310 +24 +0%
ICM
65
Ionic Capital Management
New York
$881K +$55.4K +4,289 +7%
AWA
66
Arete Wealth Advisors
Illinois
$867K +$101K +7,855 +13%
ICA
67
Infrastructure Capital Advisors
New York
$836K
WAOTB
68
Wealth Advisors of Tampa Bay
Florida
$793K
UR
69
USCA RIA
Texas
$773K -$16.7K -1,295 -2%
First Trust Advisors
70
First Trust Advisors
Illinois
$767K -$491 -38 -0.1%
HCM
71
Hollencrest Capital Management
California
$637K
WS
72
Wedbush Securities
California
$562K -$35.7K -2,763 -6%
SLA
73
Silver Lake Advisory
Utah
$548K +$14.8K +1,149 +3%
TBA
74
Tower Bridge Advisors
Pennsylvania
$543K
SFG
75
StrategIQ Financial Group
Indiana
$517K

NEA Hedge Fund Activity: Q2 2018 in Review

206 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2018, worth a combined $631M — up 12% from $566M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new NEA positions and 14 closed out — a net gain of 10 holders — while 55 added to existing stakes and 50 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $32.1M. The largest seller was Robinson Capital Management, cutting an estimated $4.22M.

  • 206 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2018, up from 197 in Q1 2018.
  • Funds reported $631M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2018, up 12% quarter-over-quarter.
  • 24 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2018 and 14 closed out, a net change of +10 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2018 was Karpus Investment Management, an estimated $32.1M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2018 was Robinson Capital Management, an estimated $4.22M sold.

Based on aggregated 13F filings for Q2 2018.