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Nuveen AMT-Free Quality Municipal Income Fund

173 hedge funds and large institutions have $436M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 45 increasing their positions, 48 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

30% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 23

3% more funds holding

Funds holding: 168173 (+5)

1.32% more ownership

Funds ownership: 11.12%12.44% (+1.3%)

2% more capital invested

Capital invested by funds: $429M → $436M (+$7.55M)

6% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 48

Holders
173
Holders Change
+5
Holders Change %
+2.98%
% of All Funds
4.33%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.1%
New
30
Increased
45
Reduced
48
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFM
176
Boothbay Fund Management
New York
$746 +$324K +24,000 New
LCM
177
Laurion Capital Management
New York
-$8.11M -555,544 Closed
DA
178
Doliver Advisors
Texas
-$1.69M -115,519 Closed
GEM
179
Global Endowment Management
North Carolina
-$1.5M -102,670 Closed
SWP
180
Stratos Wealth Partners
Ohio
-$670K -45,903 Closed
OIA
181
Optimum Investment Advisors
Illinois
-$541K -37,057 Closed
CRC
182
Curi RMB Capital
Illinois
-$413K -28,320 Closed
JMPWA
183
JP Morgan Private Wealth Advisors
California
-$356K -24,390 Closed
TC
184
TFS Capital
Pennsylvania
-$353K -24,183 Closed
OFG
185
OTA Financial Group
New York
-$281K -19,285 Closed
WAM
186
Wolverine Asset Management
Illinois
-$257K -17,610 Closed
JP Morgan Chase
187
JP Morgan Chase
New York
-$243K -16,675 Closed
LNWWM
188
Laird Norton Wetherby Wealth Management
California
-$207K -14,149 Closed
NFG
189
Nations Financial Group
Iowa
-$200K -13,688 Closed
PFS
190
Prospera Financial Services
Texas
-$197K -13,485 Closed
Envestnet Asset Management
191
Envestnet Asset Management
Illinois
-$194K -13,295 Closed
CB
192
Commerce Bank
Missouri
-$178K -12,182 Closed
KF
193
Krilogy Financial
Missouri
-$49K -3,364 Closed
GT
194
Glenmede Trust
Pennsylvania
-$37K -2,570 Closed
LWA
195
Lenox Wealth Advisors
New York
-$22K -1,500 Closed
BCMIO
196
Beacon Capital Management Inc (Ohio)
Ohio
-$5K -375 Closed
HDIM
197
Hanson & Doremus Investment Management
Vermont
-$2K -107 Closed
SMH
198
Sanders Morris Harris
Texas
-$216K -15 Closed

NEA Hedge Fund Activity: Q4 2016 in Review

173 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q4 2016, worth a combined $436M — up 1.8% from $429M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new NEA positions and 23 closed out — a net gain of 7 holders — while 45 added to existing stakes and 48 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $41.1M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $8.11M sold.

  • 173 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q4 2016, up from 168 in Q3 2016.
  • Funds reported $436M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q4 2016, up 1.8% quarter-over-quarter.
  • 30 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q4 2016 and 23 closed out, a net change of +7 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q4 2016 was Rivernorth Capital Management, an estimated $41.1M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q4 2016 was Laurion Capital Management, an estimated $8.11M sold.

Based on aggregated 13F filings for Q4 2016.