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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
KeyBank National Association
101
KeyBank National Association
Ohio
$213K -$2.23K -165 -1%
SPC
102
Sigma Planning Corp
Michigan
$212K -$185K -13,692 -46%
FUBT
103
First United Bank & Trust
Maryland
$208K
DHFB
104
Dixon Hubard Feinour & Brown
Virginia
$205K
RFC
105
Regions Financial Corp
Alabama
$204K +$206K +15,267 New
CAN
106
Cetera Advisor Networks
California
$196K -$99.2K -7,336 -33%
FNBT
107
FineMark National Bank & Trust
Florida
$192K +$87.8K +6,498 +82%
WEC
108
Winslow Evans & Crocker
Massachusetts
$191K -$12.5K -924 -6%
TW
109
Transform Wealth
Colorado
$183K +$1.3K +96 +0.7%
NFG
110
Next Financial Group
Texas
$172K +$92.6K +6,850 +114%
CBTWT
111
Community Bank & Trust (Waco, Texas)
Texas
$169K -$1.74K -129 -1%
OC
112
Oppenheimer & Co
New York
$169K +$13.8K +1,018 +9%
BRF
113
B. Riley Financial
California
$167K
NSIM
114
North Star Investment Management
Illinois
$162K +$164K +12,164 New
CL
115
Choreo LLC
Illinois
$161K +$9.46K +700 +6%
BFG
116
Barber Financial Group
Kansas
$160K +$163K +12,028 New
WT
117
Whittier Trust
California
$155K -$72.7K -5,382 -32%
ICOA
118
Investment Centers of America
North Dakota
$153K +$156K +11,514 New
BFA
119
Beaumont Financial Advisors
Massachusetts
$151K +$153K +11,307 New
SSWM
120
Sheets Smith Wealth Management
North Carolina
$142K
HPC
121
HM Payson & Co
Maine
$141K
BCP
122
Berkeley Capital Partners
Georgia
$136K
OLA
123
Oliver Luxxe Assets
New Jersey
$136K
AC
124
Alexandria Capital
Virginia
$117K
SFG
125
SevenBridge Financial Group
Pennsylvania
$112K +$110K +8,123 New

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.