Nuveen AMT-Free Quality Municipal Income Fund
100 hedge funds and large institutions have $93.5M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 7 closing their positions.
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
18% more funds holding
Funds holding: 85 → 100 (+15)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0.5% less ownership
Funds ownership: 8.37% → 7.87% (-0.5%)
1% less capital invested
Capital invested by funds: $94.9M → $93.5M (-$1.31M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.75M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.73M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.23M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.18M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$749K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
-$7.94M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$4.83M |
| 3 |
LPL Financial
San Diego,
California
|
-$3.04M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.15M |
| 5 |
Cohen & Steers
New York
|
-$872K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PPA
101
Parametric Portfolio Associates
Seattle,
Washington
| – | -$4.83M | -339,746 | Closed |
|
|
102
Cohen & Steers
New York
| – | -$872K | -61,386 | Closed |
|
|
RCM
103
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$254K | -17,901 | Closed |
|
|
CAG
104
Crestwood Advisors Group
Boston,
Massachusetts
| – | -$153K | -10,800 | Closed |
|
|
AIG
105
American International Group
New York
| – | -$85K | -6,000 | Closed |
|
|
TRCT
106
Tower Research Capital (TRC)
New York
| – | -$3K | -239 | Closed |
|
NEA Hedge Fund Activity: Q2 2016 in Review
100 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2016, worth a combined $93.5M — down 1.4% from $94.9M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NEA positions and 7 closed out — a net gain of 15 holders — while 19 added to existing stakes and 18 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $2.75M. The largest seller was Oak Hill Advisors, exiting entirely with an estimated $7.94M sold.
- 100 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2016, up from 85 in Q1 2016.
- Funds reported $93.5M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2016, down 1.4% quarter-over-quarter.
- 22 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2016 and 7 closed out, a net change of +15 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2016 was Curi RMB Capital, an estimated $2.75M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2016 was Oak Hill Advisors, an estimated $7.94M sold.
Based on aggregated 13F filings for Q2 2016.