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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
IIC
126
Integrated Investment Consultants
Michigan
$103K
WB
127
Webster Bank
Connecticut
$100K +$102K +7,520 New
SNT
128
Security National Trust
West Virginia
$89K
HI
129
Hudock Inc
Pennsylvania
$76K +$1.36K +101 +2%
RFM
130
Royal Fund Management
Florida
$75K +$76.3K +5,646 New
BKA
131
Brick & Kyle Associates
Pennsylvania
$69K
IWA
132
IBEX Wealth Advisors
New Jersey
$69K +$70.3K +5,205 New
MMG
133
Monetary Management Group
Missouri
$68K
AF
134
Arrow Financial
New York
$67K -$19.7K -1,458 -23%
FHA
135
First Horizon Advisors
Tennessee
$63K
RAM
136
Riggs Asset Management
Pennsylvania
$57K
AA
137
Ancora Advisors
Ohio
$57K +$57.5K +4,254 New
EFSCE
138
Enterprise Financial Services Corp (EFSC)
Missouri
$55K
PFSC
139
Peoples Financial Services Corp
Pennsylvania
$51K -$15.9K -1,179 -26%
TJHA
140
Thomas J. Herzfeld Advisors
Florida
$47K
SF
141
Synovus Financial
Georgia
$42K
VIA
142
Vantage Investment Advisors
Pennsylvania
$41K -$15.2K -1,126 -27%
LCM
143
Liberty Capital Management
Michigan
$39K
SFS
144
Sowell Financial Services
Arkansas
$33K +$34.1K +2,520 New
AA
145
Apriem Advisors
California
$31K
AIS
146
Accurate Investment Solutions
Pennsylvania
$30K
DAM
147
Delta Asset Management
Tennessee
$29K
Carson Wealth (CWM LLC)
148
Carson Wealth (CWM LLC)
Nebraska
$23K -$14.2K -1,053 -38%
AssetMark Inc
149
AssetMark Inc
California
$23K
SIC
150
Salem Investment Counselors
North Carolina
$22K +$21.8K +1,614 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.