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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
SB
126
Suntrust Banks
Georgia
$190K +$190K +14,677 New
SI
127
Stephens Inc
Arkansas
$187K +$186K +14,401 New
PWPS
128
Pinnacle Wealth Planning Services
Ohio
$182K -$1.89K -146 -1%
BHWM
129
Bar Harbor Wealth Management
New Hampshire
$181K
PAG
130
Private Advisor Group
New Jersey
$166K +$165K +12,777 New
CAN
131
Claraphi Advisory Network
United States
$165K
ASN
132
Advisory Services Network
Georgia
$159K -$41.4K -3,201 -21%
NSIM
133
North Star Investment Management
Illinois
$158K
DHFB
134
Dixon Hubard Feinour & Brown
Virginia
$151K
ALIONA
135
Allianz Life Insurance of North America
Minnesota
$150K -$71.9K -5,566 -31%
CWM
136
Cabot Wealth Management
Massachusetts
$148K
CBTWT
137
Community Bank & Trust (Waco, Texas)
Texas
$145K
TW
138
Transform Wealth
Colorado
$145K +$1.93K +149 +1%
KeyBank National Association
139
KeyBank National Association
Ohio
$144K
Millennium Management
140
Millennium Management
New York
$135K -$52.3K -4,049 -28%
WI
141
Wintrust Investments
Illinois
$134K +$133K +10,291 New
OLA
142
Oliver Luxxe Assets
New Jersey
$132K
THWM
143
Taylor Hoffman Wealth Management
Virginia
$131K
AWA
144
Acorn Wealth Advisors
Michigan
$115K
SWM
145
SeaCrest Wealth Management
New York
$110K
AF
146
Advisornet Financial
Minnesota
$98K -$3.48K -269 -3%
WB
147
Webster Bank
Connecticut
$98K
TJHA
148
Thomas J. Herzfeld Advisors
Florida
$85K
BCA
149
Bay Colony Advisors
Massachusetts
$85K +$84.5K +6,541 New
WEC
150
Winslow Evans & Crocker
Massachusetts
$82K

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.