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Nuveen AMT-Free Quality Municipal Income Fund

173 hedge funds and large institutions have $436M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 45 increasing their positions, 48 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

30% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 23

3% more funds holding

Funds holding: 168173 (+5)

1.32% more ownership

Funds ownership: 11.12%12.44% (+1.3%)

2% more capital invested

Capital invested by funds: $429M → $436M (+$7.55M)

6% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 48

Holders
173
Holders Change
+5
Holders Change %
+2.98%
% of All Funds
4.33%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.1%
New
30
Increased
45
Reduced
48
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EGA
76
Eagle Global Advisors
Texas
$387K +$81.1K +6,000 +27%
WTC
77
WhitTier Trust Company
Nevada
$383K
PAG
78
Private Advisor Group
New Jersey
$373K -$21.2K -1,570 -5%
Mariner
79
Mariner
Kansas
$363K -$11.1K -819 -3%
Lazard Asset Management
80
Lazard Asset Management
New York
$362K
IAA
81
Ironsides Asset Advisors
North Carolina
$353K +$358K +26,491 New
GBA
82
Garrison Bradford & Associates
New York
$333K
FAAS
83
First Allied Advisory Services
California
$327K -$16.4K -1,216 -5%
CFB
84
Cullen/Frost Bankers
Texas
$313K
SBIA
85
Sheaff Brock Investment Advisors
Indiana
$301K +$20.6K +1,526 +7%
US Bancorp
86
US Bancorp
Minnesota
$299K -$6.88K -509 -2%
AIA
87
Allegis Investment Advisors
Idaho
$296K +$84.7K +6,264 +39%
HVIA
88
Hudson Valley Investment Advisors
New York
$293K +$297K +22,000 New
CCP
89
Corient Capital Partners
California
$292K -$26.2K -1,936 -8%
HSA
90
HBK Sorce Advisory
Pennsylvania
$284K
RBC
91
Roble Belko & Company
Pennsylvania
$279K +$20.7K +1,535 +8%
IWM
92
IHT Wealth Management
Illinois
$272K +$278K +20,534 New
PMG
93
ProVise Management Group
Florida
$270K -$26.2K -1,936 -9%
SSB
94
Sandy Spring Bank
Maryland
$262K
Cetera Investment Advisers
95
Cetera Investment Advisers
Illinois
$250K
SCA
96
Snowden Capital Advisors
New York
$248K +$28.6K +2,113 +13%
CBA
97
Coastal Bridge Advisors
Connecticut
$242K +$245K +18,159 New
Citigroup
98
Citigroup
New York
$220K -$21.3K -1,576 -9%
LWAC
99
Laurel Wealth Advisors (California)
California
$218K +$9.8K +725 +5%
GWM
100
Geneos Wealth Management
Colorado
$217K +$11K +812 +5%

NEA Hedge Fund Activity: Q4 2016 in Review

173 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q4 2016, worth a combined $436M — up 1.8% from $429M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new NEA positions and 23 closed out — a net gain of 7 holders — while 45 added to existing stakes and 48 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $41.1M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $8.11M sold.

  • 173 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q4 2016, up from 168 in Q3 2016.
  • Funds reported $436M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q4 2016, up 1.8% quarter-over-quarter.
  • 30 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q4 2016 and 23 closed out, a net change of +7 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q4 2016 was Rivernorth Capital Management, an estimated $41.1M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q4 2016 was Laurion Capital Management, an estimated $8.11M sold.

Based on aggregated 13F filings for Q4 2016.