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Nuveen AMT-Free Quality Municipal Income Fund

215 hedge funds and large institutions have $786M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2019 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 63 increasing their positions, 41 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 41

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

12% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 26

7% more capital invested

Capital invested by funds: $734M → $786M (+$51.7M)

0.22% less ownership

Funds ownership: 22.66%22.44% (-0.22%)

0% less funds holding

Funds holding: 216215 (-1)

Holders
215
Holders Change
-1
Holders Change %
-0.46%
% of All Funds
4.65%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.13%
New
29
Increased
63
Reduced
41
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Mariner
101
Mariner
Kansas
$346K +$43.9K +3,378 +15%
Envestnet Asset Management
102
Envestnet Asset Management
Illinois
$327K +$318K +24,491 New
CFB
103
Cullen/Frost Bankers
Texas
$321K +$80.8K +6,214 +35%
US Bancorp
104
US Bancorp
Minnesota
$320K -$119K -9,170 -28%
FFA
105
First Foundation Advisors
California
$294K -$461K -35,503 -62%
HVIA
106
Hudson Valley Investment Advisors
New York
$294K
OC
107
Oppenheimer & Co
New York
$289K -$42.3K -3,258 -13%
KP
108
Keel Point
Alabama
$287K +$279K +21,500 New
SSB
109
Sandy Spring Bank
Maryland
$262K
SFG
110
SevenBridge Financial Group
Pennsylvania
$260K
BWCS
111
Beirne Wealth Consulting Services
Connecticut
$258K
FAAS
112
First Allied Advisory Services
California
$257K +$249K +19,151 New
MWM
113
Merriman Wealth Management
Washington
$254K
TC
114
Truvestments Capital
Florida
$252K +$246K +18,896 New
PMG
115
ProVise Management Group
Florida
$251K
DAS
116
Dynamic Advisor Solutions
Arizona
$245K +$208 +16 +0.1%
LWAC
117
Laurel Wealth Advisors (California)
California
$240K
GWM
118
Geneos Wealth Management
Colorado
$217K -$28.6K -2,200 -12%
SBIA
119
Sheaff Brock Investment Advisors
Indiana
$216K
FIA
120
FNY Investment Advisers
New York
$215K +$210K +16,126 New
WMA
121
Wealth Management Associates
New Jersey
$209K +$728 +56 +0.4%
CRC
122
Curi RMB Capital
Illinois
$208K -$430K -33,056 -68%
SI
123
Stephens Inc
Arkansas
$202K +$416 +32 +0.2%
PAG
124
Private Advisor Group
New Jersey
$201K +$65 +5 +0%
Mercer Global Advisors
125
Mercer Global Advisors
Colorado
$201K +$195K +15,013 New

NEA Hedge Fund Activity: Q1 2019 in Review

215 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2019, worth a combined $786M — up 7% from $734M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new NEA positions and 26 closed out — a net gain of 3 holders — while 63 added to existing stakes and 41 trimmed.

The largest buyer was Parametric Portfolio Associates, adding an estimated $10.5M. The largest seller was Rivernorth Capital Management, cutting an estimated $14.8M.

  • 215 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2019, down from 216 in Q4 2018.
  • Funds reported $786M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2019, up 7% quarter-over-quarter.
  • 29 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2019 and 26 closed out, a net change of +3 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2019 was Parametric Portfolio Associates, an estimated $10.5M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $14.8M sold.

Based on aggregated 13F filings for Q1 2019.