Nuveen AMT-Free Quality Municipal Income Fund
76 hedge funds and large institutions have $90.8M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 3 closing their positions.
400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 3
17% more funds holding
Funds holding: 65 → 76 (+11)
0.3% less ownership
Funds ownership: 8.45% → 8.15% (-0.3%)
2% less capital invested
Capital invested by funds: $92.7M → $90.8M (-$1.89M)
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$920K |
| 2 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$751K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$746K |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
+$625K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$347K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$11.8M |
| 2 |
HK
Horizon Kinetics
New York
|
-$441K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$211K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$194K |
| 5 |
LPL Financial
San Diego,
California
|
-$189K |
NEA Hedge Fund Activity: Q4 2014 in Review
76 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q4 2014, worth a combined $90.8M — down 2% from $92.7M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NEA positions and 3 closed out — a net gain of 12 holders — while 18 added to existing stakes and 19 trimmed.
The largest buyer was Ameriprise, adding an estimated $920K. The largest seller was Karpus Investment Management, cutting an estimated $11.8M.
- 76 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q4 2014, up from 65 in Q3 2014.
- Funds reported $90.8M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q4 2014, down 2% quarter-over-quarter.
- 15 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q4 2014 and 3 closed out, a net change of +12 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q4 2014 was Ameriprise, an estimated $920K added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q4 2014 was Karpus Investment Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q4 2014.