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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
CAC
201
Certified Advisory Corp
Florida
$10K +$155 +12 +2%
POIA
202
Pin Oak Investment Advisors
Texas
$9K
SIC
203
Salem Investment Counselors
North Carolina
$8K -$13.4K -1,034 -64%
MRCM
204
M&R Capital Management
New Jersey
$8K
Northern Trust
205
Northern Trust
Illinois
$8K +$109K +8,461 +17%
HNB
206
Huntington National Bank
Ohio
$7K
SBL
207
Sargent Bickham Lagudis
Colorado
$7K
FANJ
208
Financial Architects (New Jersey)
New Jersey
$5K
FIA
209
FNY Investment Advisers
New York
$3K +$3.49K +270 New
SIAP
210
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$2K
KTC
211
Kistler-Tiffany Companies
Pennsylvania
$1K
PMG
212
ProVise Management Group
Florida
$270 +$7.35K +569 +3%
KF
213
Krilogy Financial
Missouri
-$861K -66,203 Closed
NMC
214
Nine Masts Capital
Hong Kong
-$255K -19,600 Closed
KA
215
Kovack Advisors
Florida
-$164K -12,638 Closed
FAAS
216
First Allied Advisory Services
California
-$149K -11,563 Closed
LFAS
217
Level Four Advisory Services
Texas
-$150K -11,550 Closed
TSS
218
Two Sigma Securities
New York
-$145K -11,174 Closed
IIC
219
Integrated Investment Consultants
Michigan
-$61K -4,725 Closed
VCM
220
Virtue Capital Management
Tennessee
-$58K -4,493 Closed
Bank of Montreal
221
Bank of Montreal
Ontario, Canada
-$48K -3,700 Closed
APP
222
Avantax Planning Partners
Iowa
-$33K -2,555 Closed
CHP
223
Cable Hill Partners
Oregon
-$26K -1,980 Closed
WDL
224
Well Done LLC
Michigan
-$19K -1,452 Closed
HCM
225
Highlander Capital Management
New Jersey
-$13K -968 Closed

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.