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Nuveen AMT-Free Quality Municipal Income Fund

206 hedge funds and large institutions have $631M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 50 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 14

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

12% more capital invested

Capital invested by funds: $566M → $631M (+$65.6M)

10% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 50

5% more funds holding

Funds holding: 197206 (+9)

1.86% more ownership

Funds ownership: 16.55%18.41% (+1.9%)

Holders
206
Holders Change
+9
Holders Change %
+4.57%
% of All Funds
4.72%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.16%
New
24
Increased
55
Reduced
50
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WB
76
WesBanco Bank
West Virginia
$499K
MML Investors Services
77
MML Investors Services
Massachusetts
$493K +$165K +12,760 +51%
Susquehanna International Group
78
Susquehanna International Group
Pennsylvania
$492K -$52.3K -4,051 -10%
US Bancorp
79
US Bancorp
Minnesota
$492K +$84.6K +6,544 +21%
TC
80
Truvestments Capital
Florida
$491K +$488K +37,777 New
CF
81
Centaurus Financial
California
$478K +$475K +36,744 New
AllianceBernstein
82
AllianceBernstein
Tennessee
$461K -$8.1K -627 -2%
Baird Financial Group
83
Baird Financial Group
Wisconsin
$460K +$8.48K +656 +2%
Cetera Investment Advisers
84
Cetera Investment Advisers
Illinois
$432K +$428K +33,123 New
MRI
85
Mad River Investors
Massachusetts
$431K
KM
86
Kalos Management
Georgia
$400K
RFC
87
Regions Financial Corp
Alabama
$398K +$265K +20,492 +204%
GIA
88
Guyasuta Investment Advisors
Pennsylvania
$390K
SP
89
Successful Portfolios
Florida
$387K
EGA
90
Eagle Global Advisors
Texas
$372K
DC
91
Davenport & Co
Virginia
$360K -$162K -12,500 -31%
EWA
92
EP Wealth Advisors
California
$346K -$23.9K -1,851 -7%
OC
93
Oppenheimer & Co
New York
$343K +$10.4K +803 +3%
CCM
94
Coe Capital Management
Illinois
$330K +$327K +25,327 New
AA
95
AQR Arbitrage
Connecticut
$326K
GBA
96
Garrison Bradford & Associates
New York
$325K
IWM
97
IHT Wealth Management
Illinois
$321K -$788 -61 -0.2%
SWP
98
Stratos Wealth Partners
Ohio
$318K +$16.1K +1,248 +5%
IWA
99
IBEX Wealth Advisors
New Jersey
$305K +$305K +23,566 New
Mariner
100
Mariner
Kansas
$293K -$41.7K -3,229 -13%

NEA Hedge Fund Activity: Q2 2018 in Review

206 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2018, worth a combined $631M — up 12% from $566M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new NEA positions and 14 closed out — a net gain of 10 holders — while 55 added to existing stakes and 50 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $32.1M. The largest seller was Robinson Capital Management, cutting an estimated $4.22M.

  • 206 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2018, up from 197 in Q1 2018.
  • Funds reported $631M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2018, up 12% quarter-over-quarter.
  • 24 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2018 and 14 closed out, a net change of +10 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2018 was Karpus Investment Management, an estimated $32.1M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2018 was Robinson Capital Management, an estimated $4.22M sold.

Based on aggregated 13F filings for Q2 2018.