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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
WEC
201
Winslow Evans & Crocker
Massachusetts
$31K -$14 -1 -0%
DAM
202
Delta Asset Management
Tennessee
$30K
PAM
203
Panagora Asset Management
Massachusetts
$30K
RBC
204
Roble Belko & Company
Pennsylvania
$29K -$45K -3,333 -62%
MLFP
205
MPS Loria Financial Planners
Illinois
$29K +$28.2K +2,089 New
FP
206
Financial Perspectives
Minnesota
$28.1K
BAM
207
Bellevue Asset Management
Washington
$28K
GRP
208
Global Retirement Partners
California
$28K
OPS
209
Orion Portfolio Solutions
Nebraska
$28K +$27.4K +2,030 New
VFA
210
Valeo Financial Advisors
Indiana
$26K -$21.2K -1,571 -45%
OIA
211
Optimum Investment Advisors
Illinois
$25K
TRCT
212
Tower Research Capital (TRC)
New York
$25K
AssetMark Inc
213
AssetMark Inc
California
$24K
BWL
214
Bogart Wealth LLC
Virginia
$23K -$3.26K -241 -13%
EIP
215
Ellis Investment Partners
Pennsylvania
$22K +$270 +20 +1%
APWM
216
Atlas Private Wealth Management
New York
$21K
Carson Wealth (CWM LLC)
217
Carson Wealth (CWM LLC)
Nebraska
$20K
BC
218
Bartlett & Co
Ohio
$19K
BCWM
219
Bartlett & Co Wealth Management
Ohio
$18.9K
CAL
220
Capital Analysts LLC
Pennsylvania
$18K
PFO
221
Pathstone Family Office
New Jersey
$16K +$14.7K +1,084 New
HPC
222
HM Payson & Co
Maine
$15K
CTC
223
Central Trust Company
Missouri
$14K
CAC
224
Certified Advisory Corp
Florida
$12K +$149 +11 +1%
CFGS
225
Concourse Financial Group Securities
Alabama
$10K

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.