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Nuveen AMT-Free Quality Municipal Income Fund

318 hedge funds and large institutions have $832M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2025 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 112 increasing their positions, 92 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 92

6% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 35

2% less funds holding

Funds holding: 324318 (-6)

3.19% less ownership

Funds ownership: 28.03%24.84% (-3.2%)

12% less capital invested

Capital invested by funds: $947M → $832M (-$115M)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
318
Holders Change
-6
Holders Change %
-1.85%
% of All Funds
4.26%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.08%
New
33
Increased
112
Reduced
92
Closed
35
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Lido Advisors
51
Lido Advisors
California
$2.46M +$387 +34 +0%
Cambridge Investment Research Advisors
52
Cambridge Investment Research Advisors
Iowa
$2.33M -$556K -48,846 -19%
DWM
53
Dakota Wealth Management
Florida
$2.31M -$1.07M -94,219 -31%
Truist Financial
54
Truist Financial
North Carolina
$2.27M -$547K -48,059 -19%
Kovitz Investment Group Partners
55
Kovitz Investment Group Partners
Illinois
$2.26M -$33.2K -2,919 -1%
WA
56
Waverly Advisors
Alabama
$2.2M +$298K +26,144 +15%
PNC Financial Services Group
57
PNC Financial Services Group
Pennsylvania
$2.17M -$242K -21,238 -10%
Invesco
58
Invesco
Georgia
$2.11M +$33.2K +2,915 +2%
KAS
59
Kestra Advisory Services
Texas
$1.94M +$50.3K +4,418 +3%
GP
60
Gridiron Partners
Pennsylvania
$1.9M
NA
61
NewEdge Advisors
Louisiana
$1.9M +$69.6K +6,113 +4%
Baird Financial Group
62
Baird Financial Group
Wisconsin
$1.85M +$85.9K +7,539 +5%
TWP
63
Tyche Wealth Partners
Texas
$1.85M +$19K +1,666 +1%
WAM
64
Wakefield Asset Management
Colorado
$1.81M +$15K +1,315 +0.8%
SC
65
Savant Capital
Illinois
$1.8M -$16.7K -1,467 -0.9%
IWA
66
IBEX Wealth Advisors
New Jersey
$1.79M +$148K +13,009 +9%
LWL
67
Leo Wealth LLC
Texas
$1.76M -$471K -41,367 -21%
NW
68
NewEdge Wealth
Pennsylvania
$1.74M +$523K +45,920 +42%
RIL
69
Rothschild Investment LLC
Illinois
$1.69M -$299K -26,239 -15%
ITIM
70
Indiana Trust & Investment Management
Indiana
$1.56M -$843K -74,000 -35%
USCWA
71
U.S. Capital Wealth Advisors
Texas
$1.54M -$34.3K -3,015 -2%
BCG
72
Breakwater Capital Group
New Jersey
$1.49M +$364K +31,932 +31%
MWM
73
Modern Wealth Management
Kansas
$1.48M -$95.3K -8,368 -6%
KA
74
Kercheville Advisors
Texas
$1.47M +$80.2K +7,038 +6%
Corient Private Wealth
75
Corient Private Wealth
Florida
$1.46M -$40.5K -3,559 -3%

NEA Hedge Fund Activity: Q1 2025 in Review

318 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2025, worth a combined $832M — down 12% from $947M a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of NEA and 33 opened new positions — a net loss of 2 holders — while 92 trimmed existing stakes and 112 added.

The largest buyer was Morgan Stanley, adding an estimated $7.34M. The largest seller was Karpus Investment Management, cutting an estimated $52.6M.

  • 318 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2025, down from 324 in Q4 2024.
  • Funds reported $832M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2025, down 12% quarter-over-quarter.
  • 33 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2025 and 35 closed out, a net change of -2 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2025 was Morgan Stanley, an estimated $7.34M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2025 was Karpus Investment Management, an estimated $52.6M sold.

Based on aggregated 13F filings for Q1 2025.