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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
CFG
151
CKW Financial Group
Hawaii
$79K +$78.9K +6,108 New
RCAG
152
Rehmann Capital Advisory Group
Michigan
$75.3K
Citigroup
153
Citigroup
New York
$74K -$35.9K -2,782 -33%
BFC
154
Bedel Financial Consulting
Indiana
$74K
WAM
155
Wealthspire Advisors (Maryland)
Maryland
$73K
1IA
156
1834 Investment Advisors
Wisconsin
$70K
OIA
157
OneDigital Investment Advisors
Kansas
$70K
RBC
158
Roble Belko & Company
Pennsylvania
$70K
RFM
159
Royal Fund Management
Florida
$68K +$917 +71 +1%
PFSC
160
Peoples Financial Services Corp
Pennsylvania
$59K
IWP
161
Icon Wealth Partners
Texas
$57K +$56.1K +4,345 New
QCIG
162
Quad-Cities Investment Group
Iowa
$56K +$56K +4,331 New
EFSCE
163
Enterprise Financial Services Corp (EFSC)
Missouri
$53K
APA
164
American Portfolios Advisors
New York
$52.3K
FCMT
165
Founders Capital Management (Texas)
Texas
$52K
PFGIA
166
Patriot Financial Group Insurance Agency
Massachusetts
$52K +$21.1K +1,633 +69%
PCM
167
Peak Capital Management
Colorado
$47K +$46.5K +3,600 New
WAP
168
Wealthcare Advisory Partners
Pennsylvania
$44K +$43.9K +3,401 New
HT
169
Heritage Trust
Oklahoma
$42K
HFM
170
Hartford Financial Management
Connecticut
$40K
RAM
171
Riggs Asset Management
Pennsylvania
$38K
GWA
172
Guidant Wealth Advisors
Illinois
$36K +$155 +12 +0.4%
FMP
173
Financial Management Professionals
Texas
$33K -$25K -1,936 -43%
WT
174
Washington Trust
Rhode Island
$33K +$32.3K +2,500 New
SFM
175
Signet Financial Management
New Jersey
$31K

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.