Nuveen AMT-Free Quality Municipal Income Fund
77 hedge funds and large institutions have $94.1M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 21 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1% more funds holding
Funds holding: 76 → 77 (+1)
0% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 21
0.48% less ownership
Funds ownership: 9.04% → 8.56% (-0.48%)
3% less capital invested
Capital invested by funds: $96.9M → $94.1M (-$2.83M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.36M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.31M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$541K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$303K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$286K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.95M |
| 2 |
Morgan Stanley
New York
|
-$1.95M |
| 3 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$1.92M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$734K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$604K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
AllianceBernstein
Nashville,
Tennessee
| $4K | – | – | – |
|
|
TCM
77
TD Capital Management
Memphis,
Tennessee
| $4K | +$67 | +5 | +2% |
|
78
Jane Street
New York
| – | -$236K | -18,237 | Closed |
|
|
GCM
79
Gruss Capital Management
New York
| – | -$194K | -15,003 | Closed |
|
80
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$186K | -14,410 | Closed |
|
|
VKH
81
Virtu KCG Holdings
New York
| – | -$178K | -13,756 | Closed |
|
|
CB
82
Commerce Bank
Kansas City,
Missouri
| – | -$169K | -13,097 | Closed |
|
|
RCM
83
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$160K | -12,353 | Closed |
|
|
PP
84
Palladium Partners
Norfolk,
Virginia
| – | -$20K | -1,571 | Closed |
|
NEA Hedge Fund Activity: Q2 2014 in Review
77 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2014, worth a combined $94.1M — down 2.9% from $96.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NEA positions and 8 closed out — a net gain of 1 holder — while 21 added to existing stakes and 21 trimmed.
The largest buyer was Bank of America, adding an estimated $1.36M. The largest seller was Guggenheim Capital, cutting an estimated $2.95M.
- 77 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2014, up from 76 in Q1 2014.
- Funds reported $94.1M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2014, down 2.9% quarter-over-quarter.
- 9 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2014 and 8 closed out, a net change of +1 holder.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2014 was Bank of America, an estimated $1.36M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2014 was Guggenheim Capital, an estimated $2.95M sold.
Based on aggregated 13F filings for Q2 2014.