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Nuveen AMT-Free Quality Municipal Income Fund

251 hedge funds and large institutions have $891M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 79 increasing their positions, 49 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 12

61% more repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 49

6% more funds holding

Funds holding: 237251 (+14)

2.05% less ownership

Funds ownership: 24.29%22.24% (-2%)

5% less capital invested

Capital invested by funds: $941M → $891M (-$49.4M)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
251
Holders Change
+14
Holders Change %
+5.91%
% of All Funds
5.06%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.1%
New
27
Increased
79
Reduced
49
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PMG
151
ProVise Management Group
Florida
$254K +$3.2K +223 +1%
WMA
152
Wealth Management Associates
New Jersey
$254K +$1.23K +86 +0.5%
CAN
153
Cetera Advisor Networks
California
$253K +$19.2K +1,341 +8%
Goldman Sachs
154
Goldman Sachs
New York
$252K +$252K +17,564 New
SSB
155
Sandy Spring Bank
Maryland
$251K
PAG
156
Private Advisor Group
New Jersey
$238K +$6.72K +468 +3%
BWCS
157
Beirne Wealth Consulting Services
Connecticut
$234K
DWM
158
Darwin Wealth Management
Florida
$230K -$20.8K -1,450 -8%
LFAS
159
Level Four Advisory Services
Texas
$230K
KPWS
160
Kestra Private Wealth Services
Texas
$230K +$230K +16,057 New
SW
161
SVB Wealth
Massachusetts
$228K +$228K +15,910 New
WCM
162
WealthBridge Capital Management
Ohio
$224K +$224K +15,612 New
EP
163
Eudaimonia Partners
Tennessee
$201K
BHWM
164
Bar Harbor Wealth Management
New Hampshire
$200K
SSWM
165
Sheets Smith Wealth Management
North Carolina
$194K -$20.1K -1,402 -9%
SWM
166
SeaCrest Wealth Management
New York
$193K -$1.98K -138 -1%
CGFA
167
Colton Groome Financial Advisors
North Carolina
$191K
MOS
168
MGO One Seven
Ohio
$187K -$574 -40 -0.3%
CCG
169
Ceeto Capital Group
Florida
$187K
PVWM
170
Point View Wealth Management
New Jersey
$186K
CFB
171
Cullen/Frost Bankers
Texas
$183K
SVWAG
172
Sound View Wealth Advisors Group
Georgia
$178K +$459 +32 +0.3%
BAS
173
Brown Advisory Securities
Maryland
$177K
NA
174
NewEdge Advisors
Louisiana
$175K -$6.1K -425 -3%
NSIM
175
North Star Investment Management
Illinois
$174K

NEA Hedge Fund Activity: Q3 2020 in Review

251 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q3 2020, worth a combined $891M — down 5.3% from $941M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new NEA positions and 12 closed out — a net gain of 15 holders — while 79 added to existing stakes and 49 trimmed.

The largest buyer was Bramshill Investments, adding an estimated $23.1M. The largest seller was Wells Fargo, cutting an estimated $45.9M.

  • 251 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q3 2020, up from 237 in Q2 2020.
  • Funds reported $891M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q3 2020, down 5.3% quarter-over-quarter.
  • 27 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q3 2020 and 12 closed out, a net change of +15 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q3 2020 was Bramshill Investments, an estimated $23.1M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q3 2020 was Wells Fargo, an estimated $45.9M sold.

Based on aggregated 13F filings for Q3 2020.