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Nuveen AMT-Free Quality Municipal Income Fund

251 hedge funds and large institutions have $891M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 79 increasing their positions, 49 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 12

61% more repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 49

6% more funds holding

Funds holding: 237251 (+14)

2.05% less ownership

Funds ownership: 24.29%22.24% (-2%)

5% less capital invested

Capital invested by funds: $941M → $891M (-$49.4M)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
251
Holders Change
+14
Holders Change %
+5.91%
% of All Funds
5.06%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.1%
New
27
Increased
79
Reduced
49
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AWA
76
Arete Wealth Advisors
Illinois
$965K +$57.4K +4,003 +6%
PAS
77
Park Avenue Securities
New York
$964K +$60.4K +4,209 +7%
NL
78
NWAM LLC
Washington
$963K
Envestnet Asset Management
79
Envestnet Asset Management
Illinois
$951K +$123K +8,600 +15%
MAFM
80
Mid Atlantic Financial Management
Pennsylvania
$918K +$26.8K +1,870 +3%
ASN
81
Advisory Services Network
Georgia
$917K +$31.9K +2,226 +4%
EVM
82
Eaton Vance Management
Massachusetts
$897K +$366K +25,487 +69%
EDRIA
83
Edmonds Duncan Registered Investment Advisors
Kansas
$863K -$27.6K -1,925 -3%
CRC
84
Curi RMB Capital
Illinois
$791K +$460K +32,080 +139%
Mercer Global Advisors
85
Mercer Global Advisors
Colorado
$756K +$548K +38,201 +264%
Fifth Third Bancorp
86
Fifth Third Bancorp
Ohio
$741K -$27.2K -1,895 -4%
MML Investors Services
87
MML Investors Services
Massachusetts
$710K -$37.8K -2,633 -5%
RPA
88
Rock Point Advisors
Vermont
$694K
TFS
89
TrustCore Financial Services
Tennessee
$688K
FAAS
90
First Allied Advisory Services
California
$686K +$93.1K +6,487 +16%
M&T Bank
91
M&T Bank
New York
$684K -$11.8K -819 -2%
MFG
92
Magnus Financial Group
New York
$684K
MC
93
Moors & Cabot
Massachusetts
$673K
Citigroup
94
Citigroup
New York
$671K +$141K +9,851 +27%
HCM
95
Hollencrest Capital Management
California
$662K +$430 +30 +0.1%
WB
96
WesBanco Bank
West Virginia
$632K
SPIA
97
Steward Partners Investment Advisory
New York
$632K +$66.9K +4,661 +12%
OC
98
Oppenheimer & Co
New York
$628K +$39K +2,717 +7%
WT
99
Whittier Trust
California
$626K +$37.9K +2,642 +6%
BFA
100
Beaumont Financial Advisors
Massachusetts
$617K

NEA Hedge Fund Activity: Q3 2020 in Review

251 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q3 2020, worth a combined $891M — down 5.3% from $941M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new NEA positions and 12 closed out — a net gain of 15 holders — while 79 added to existing stakes and 49 trimmed.

The largest buyer was Bramshill Investments, adding an estimated $23.1M. The largest seller was Wells Fargo, cutting an estimated $45.9M.

  • 251 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q3 2020, up from 237 in Q2 2020.
  • Funds reported $891M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q3 2020, down 5.3% quarter-over-quarter.
  • 27 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q3 2020 and 12 closed out, a net change of +15 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q3 2020 was Bramshill Investments, an estimated $23.1M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q3 2020 was Wells Fargo, an estimated $45.9M sold.

Based on aggregated 13F filings for Q3 2020.