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Nuveen AMT-Free Quality Municipal Income Fund

197 hedge funds and large institutions have $566M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2018 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 66 increasing their positions, 47 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 47

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

0.94% more ownership

Funds ownership: 15.61%16.55% (+0.94%)

0% more capital invested

Capital invested by funds: $564M → $566M (+$2M)

3% less funds holding

Funds holding: 203197 (-6)

16% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 25

Holders
197
Holders Change
-6
Holders Change %
-2.96%
% of All Funds
4.51%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.11%
New
21
Increased
66
Reduced
47
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KA
126
Kovack Advisors
Florida
$164K -$167K -12,641 -50%
NSIM
127
North Star Investment Management
Illinois
$158K
DHFB
128
Dixon Hubard Feinour & Brown
Virginia
$151K
LFAS
129
Level Four Advisory Services
Texas
$150K -$205K -15,580 -57%
FAAS
130
First Allied Advisory Services
California
$149K -$40.1K -3,039 -21%
CWM
131
Cabot Wealth Management
Massachusetts
$148K
TSS
132
Two Sigma Securities
New York
$145K -$119K -9,035 -45%
CBTWT
133
Community Bank & Trust (Waco, Texas)
Texas
$145K
KeyBank National Association
134
KeyBank National Association
Ohio
$144K -$57.5K -4,359 -28%
TW
135
Transform Wealth
Colorado
$143K +$1.89K +143 +1%
OLA
136
Oliver Luxxe Assets
New Jersey
$132K
RFC
137
Regions Financial Corp
Alabama
$131K -$20.6K -1,566 -13%
THWM
138
Taylor Hoffman Wealth Management
Virginia
$131K
AWA
139
Acorn Wealth Advisors
Michigan
$113K
Citigroup
140
Citigroup
New York
$110K -$403K -30,585 -78%
SWM
141
SeaCrest Wealth Management
New York
$110K
AF
142
Advisornet Financial
Minnesota
$101K -$44K -3,338 -30%
WAM
143
Wealthspire Advisors (Maryland)
Maryland
$98K
WB
144
Webster Bank
Connecticut
$98K
TJHA
145
Thomas J. Herzfeld Advisors
Florida
$85K
WEC
146
Winslow Evans & Crocker
Massachusetts
$81.9K
RCAG
147
Rehmann Capital Advisory Group
Michigan
$75K +$76.3K +5,787 New
BFC
148
Bedel Financial Consulting
Indiana
$74K +$75.4K +5,719 New
RBC
149
Roble Belko & Company
Pennsylvania
$70K -$102K -7,738 -59%
1IA
150
1834 Investment Advisors
Wisconsin
$70K

NEA Hedge Fund Activity: Q1 2018 in Review

197 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2018, worth a combined $566M — up 0.35% from $564M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of NEA and 21 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 66 added.

The largest buyer was Karpus Investment Management, adding an estimated $9.96M. The largest seller was Proficio Capital Partners, exiting entirely with an estimated $4.81M sold.

  • 197 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2018, down from 203 in Q4 2017.
  • Funds reported $566M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2018, up 0.35% quarter-over-quarter.
  • 21 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2018 and 25 closed out, a net change of -4 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2018 was Karpus Investment Management, an estimated $9.96M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2018 was Proficio Capital Partners, an estimated $4.81M sold.

Based on aggregated 13F filings for Q1 2018.