Nuveen AMT-Free Quality Municipal Income Fund
65 hedge funds and large institutions have $90.8M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 12 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
0.12% less ownership
Funds ownership: 8.56% → 8.45% (-0.12%)
1% less capital invested
Capital invested by funds: $91.7M → $90.8M (-$908K)
16% less funds holding
Funds holding: 77 → 65 (-12)
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
+$1M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$885K |
| 3 |
LPL Financial
San Diego,
California
|
+$468K |
| 4 |
Morgan Stanley
New York
|
+$381K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$178K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.62M |
| 2 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$668K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$611K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$401K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$242K |
NEA Hedge Fund Activity: Q3 2014 in Review
65 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q3 2014, worth a combined $90.8M — down 0.99% from $91.7M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NEA and 1 opened new positions — a net loss of 11 holders — while 17 trimmed existing stakes and 24 added.
The largest buyer was Oak Hill Advisors, adding an estimated $1M. The largest seller was First Allied Advisory Services, exiting entirely with an estimated $1.62M sold.
- 65 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q3 2014, down from 77 in Q2 2014.
- Funds reported $90.8M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q3 2014, down 0.99% quarter-over-quarter.
- 1 fund opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q3 2014 and 12 closed out, a net change of -11 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q3 2014 was Oak Hill Advisors, an estimated $1M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q3 2014 was First Allied Advisory Services, an estimated $1.62M sold.
Based on aggregated 13F filings for Q3 2014.