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Nuveen AMT-Free Quality Municipal Income Fund

237 hedge funds and large institutions have $941M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 75 increasing their positions, 58 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 58

6% more capital invested

Capital invested by funds: $887M → $941M (+$53.5M)

0.74% more ownership

Funds ownership: 23.54%24.29% (+0.74%)

7% less funds holding

Funds holding: 256237 (-19)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

44% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 34

Holders
237
Holders Change
-19
Holders Change %
-7.42%
% of All Funds
4.86%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.12%
New
19
Increased
75
Reduced
58
Closed
34
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HVIA
126
Hudson Valley Investment Advisors
New York
$306K
LWAC
127
Laurel Wealth Advisors (California)
California
$299K
CIA
128
Choate Investment Advisors
Massachusetts
$296K
Mariner
129
Mariner
Kansas
$284K -$116K -8,560 -30%
SFG
130
SevenBridge Financial Group
Pennsylvania
$281K +$9.83K +727 +4%
RFC
131
Regions Financial Corp
Alabama
$276K +$269K +19,882 New
SBH
132
Segall Bryant & Hamill
Illinois
$275K
IAMOG
133
Investors Asset Management of Georgia
Georgia
$272K +$95 +7 +0%
CBTWT
134
Community Bank & Trust (Waco, Texas)
Texas
$271K
DAS
135
Dynamic Advisor Solutions
Arizona
$262K +$365 +27 +0.1%
WP
136
WealthShield Partners
North Carolina
$255K
BRWM
137
B. Riley Wealth Management
Tennessee
$250K -$144K -10,631 -37%
WMA
138
Wealth Management Associates
New Jersey
$245K +$1.16K +86 +0.5%
DWM
139
Darwin Wealth Management
Florida
$243K -$101K -7,471 -30%
PMG
140
ProVise Management Group
Florida
$243K -$7.69K -569 -3%
SSB
141
Sandy Spring Bank
Maryland
$243K
Thrivent Financial for Lutherans
142
Thrivent Financial for Lutherans
Minnesota
$228K
BWCS
143
Beirne Wealth Consulting Services
Connecticut
$227K -$13.5K -1,000 -6%
CAN
144
Cetera Advisor Networks
California
$226K -$10.8K -800 -5%
PAG
145
Private Advisor Group
New Jersey
$224K +$30.8K +2,278 +16%
LFAS
146
Level Four Advisory Services
Texas
$223K
AWM
147
Altavista Wealth Management
North Carolina
$208K
SSWM
148
Sheets Smith Wealth Management
North Carolina
$207K +$122 +9 +0.1%
NEPWA
149
New England Private Wealth Advisors
Massachusetts
$204K
Mercer Global Advisors
150
Mercer Global Advisors
Colorado
$201K +$7.87K +582 +4%

NEA Hedge Fund Activity: Q2 2020 in Review

237 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2020, worth a combined $941M — up 6% from $887M a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of NEA and 19 opened new positions — a net loss of 15 holders — while 58 trimmed existing stakes and 75 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $36.2M. The largest seller was Karpus Investment Management, cutting an estimated $30.6M.

  • 237 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2020, down from 256 in Q1 2020.
  • Funds reported $941M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2020, up 6% quarter-over-quarter.
  • 19 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2020 and 34 closed out, a net change of -15 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2020 was Rivernorth Capital Management, an estimated $36.2M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2020 was Karpus Investment Management, an estimated $30.6M sold.

Based on aggregated 13F filings for Q2 2020.