Nuveen AMT-Free Quality Municipal Income Fund
76 hedge funds and large institutions have $92.9M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 11 closing their positions.
1% more capital invested
Capital invested by funds: $92.4M → $92.9M (+$542K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.62% less ownership
Funds ownership: 9.66% → 9.04% (-0.62%)
4% less funds holding
Funds holding: 79 → 76 (-3)
17% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 23
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
+$5.21M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$700K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$427K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$416K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$336K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$4.3M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.45M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$949K |
| 4 |
SG Americas Securities
New York
|
-$831K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$786K |
NEA Hedge Fund Activity: Q1 2014 in Review
76 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2014, worth a combined $92.9M — up 0.59% from $92.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NEA and 8 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 19 added.
The largest buyer was Oak Hill Advisors, adding an estimated $5.21M. The largest seller was HighTower Advisors, cutting an estimated $4.3M.
- 76 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2014, down from 79 in Q4 2013.
- Funds reported $92.9M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2014, up 0.59% quarter-over-quarter.
- 8 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2014 and 11 closed out, a net change of -3 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2014 was Oak Hill Advisors, an estimated $5.21M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2014 was HighTower Advisors, an estimated $4.3M sold.
Based on aggregated 13F filings for Q1 2014.