Nuveen AMT-Free Quality Municipal Income Fund
78 hedge funds and large institutions have $88.6M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 9 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
3% more funds holding
Funds holding: 76 → 78 (+2)
0.28% less ownership
Funds ownership: 8.15% → 7.86% (-0.28%)
2% less capital invested
Capital invested by funds: $90.8M → $88.6M (-$2.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.66M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.07M |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$831K |
| 4 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$801K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$519K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
-$4.66M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$2.22M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.12M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.54M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$752K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
AllianceBernstein
Nashville,
Tennessee
| $4K | – | – | – |
|
|
77
AQR Capital Management
Greenwich,
Connecticut
| – | -$2.12M | -153,049 | Closed |
|
|
KIM
78
Karpus Investment Management
Pittsford,
New York
| – | -$569K | -41,200 | Closed |
|
|
ACM
79
Argentus Capital Management
Dallas,
Texas
| – | -$188K | -13,638 | Closed |
|
|
ICAS
80
Investors Capital Advisory Services
Lynnfield,
Massachusetts
| – | -$186K | -13,491 | Closed |
|
|
DCM
81
Donaldson Capital Management
Evansville,
Indiana
| – | -$138K | -10,000 | Closed |
|
|
RC
82
RegentAtlantic Capital
Morristown,
New Jersey
| – | -$58.9K | -4,300 | Closed |
|
|
MAS
83
Madden Advisory Services
Jacksonville,
Florida
| – | -$29K | -2,095 | Closed |
|
|
FANJ
84
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$5K | -387 | Closed |
|
|
TRCT
85
Tower Research Capital (TRC)
New York
| – | -$3K | -200 | Closed |
|
|
WAM
86
Wolverine Asset Management
Chicago,
Illinois
| – | +$459 | +33 | New |
|
|
CWM
87
Concert Wealth Management
San Jose,
California
| – | +$83K | +5,964 | +27% |
|
NEA Hedge Fund Activity: Q1 2015 in Review
78 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2015, worth a combined $88.6M — down 2.4% from $90.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NEA positions and 9 closed out — a net gain of 3 holders — while 26 added to existing stakes and 18 trimmed.
The largest buyer was UBS Group, adding an estimated $2.66M. The largest seller was Oak Hill Advisors, cutting an estimated $4.66M.
- 78 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2015, up from 76 in Q4 2014.
- Funds reported $88.6M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2015, down 2.4% quarter-over-quarter.
- 12 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2015 and 9 closed out, a net change of +3 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2015 was UBS Group, an estimated $2.66M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2015 was Oak Hill Advisors, an estimated $4.66M sold.
Based on aggregated 13F filings for Q1 2015.