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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
IA
101
IFP Advisors
Florida
$288K +$52.1K +4,030 +22%
HVIA
102
Hudson Valley Investment Advisors
New York
$286K
SBIA
103
Sheaff Brock Investment Advisors
Indiana
$284K -$67.3K -5,206 -19%
VC
104
Vicus Capital
Pennsylvania
$279K -$260K -20,106 -48%
HSA
105
HBK Sorce Advisory
Pennsylvania
$277K -$11.1K -856 -4%
MA
106
Mutual Advisors
Nebraska
$267K -$17.9K -1,382 -6%
SSB
107
Sandy Spring Bank
Maryland
$255K
SPC
108
Sigma Planning Corp
Michigan
$254K -$3.36K -260 -1%
SFG
109
SevenBridge Financial Group
Pennsylvania
$253K
TWM
110
Titus Wealth Management
California
$247K -$181K -14,036 -43%
ECM
111
Evergreen Capital Management
Washington
$239K
SFS
112
Sowell Financial Services
Arkansas
$238K +$452 +35 +0.2%
GWM
113
Geneos Wealth Management
Colorado
$237K
LWAC
114
Laurel Wealth Advisors (California)
California
$233K
DWM
115
Dynasty Wealth Management
Florida
$224K +$11.6K +900 +6%
Bank of New York Mellon
116
Bank of New York Mellon
New York
$216K -$1.8M -139,210 -89%
LNWWM
117
Laird Norton Wetherby Wealth Management
California
$215K +$8.62K +667 +4%
DA
118
Doliver Advisors
Texas
$211K +$55.4K +4,287 +36%
CRC
119
Curi RMB Capital
Illinois
$203K
AWM
120
AE Wealth Management
Kansas
$202K -$21.3K -1,652 -10%
FUBT
121
First United Bank & Trust
Maryland
$202K
DAS
122
Dynamic Advisor Solutions
Arizona
$199K +$14K +1,084 +8%
SS
123
Sunbelt Securities
Texas
$198K +$2.51K +194 +1%
CFB
124
Cullen/Frost Bankers
Texas
$197K -$13.1K -1,015 -6%
NEPWA
125
New England Private Wealth Advisors
Massachusetts
$190K

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.