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Nuveen AMT-Free Quality Municipal Income Fund

78 hedge funds and large institutions have $88.6M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 18

33% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 9

3% more funds holding

Funds holding: 7678 (+2)

0.28% less ownership

Funds ownership: 8.15%7.86% (-0.28%)

2% less capital invested

Capital invested by funds: $90.8M → $88.6M (-$2.2M)

Holders
78
Holders Change
+2
Holders Change %
+2.63%
% of All Funds
2.08%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
26
Reduced
18
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
OA
1
Oxbow Advisors
Texas
$9.31M -$2.22M -159,652 -19%
Morgan Stanley
2
Morgan Stanley
New York
$8.95M +$497K +35,664 +6%
UBS Group
3
UBS Group
Switzerland
$8.46M +$2.66M +190,722 +45%
OHA
4
Oak Hill Advisors
New York
$7.74M -$4.66M -334,843 -37%
Bank of America
5
Bank of America
North Carolina
$6.69M +$448K +32,210 +7%
PPA
6
Parametric Portfolio Associates
Washington
$6.49M -$1.54M -110,396 -19%
MGAM
7
McGowan Group Asset Management
Texas
$5.17M +$53.8K +3,865 +1%
LPL Financial
8
LPL Financial
California
$3.36M -$121K -8,675 -3%
BTS
9
BB&T Securities
Virginia
$3.02M +$121K +8,705 +66%
DLG
10
Daniel L. Goodwin
$2.12M
Wells Fargo
11
Wells Fargo
California
$2.08M +$519K +37,299 +33%
DC
12
Davenport & Co
Virginia
$1.94M -$1.67K -120 -0.1%
GEM
13
Global Endowment Management
North Carolina
$1.84M
JWA
14
JFS Wealth Advisors
Pennsylvania
$1.56M +$801K +57,525 +105%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.3M +$173K +12,450 +15%
VanEck Associates
16
VanEck Associates
New York
$1.29M +$158K +11,360 +14%
DA
17
Doliver Advisors
Texas
$1.07M +$1.07M +77,051 New
MFS
18
MSI Financial Services
Massachusetts
$976K +$831K +59,656 +553%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$906K -$750K -53,867 -45%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$903K -$5.63K -404 -0.6%
GC
21
Guggenheim Capital
Illinois
$824K -$72.3K -5,195 -8%
HighTower Advisors
22
HighTower Advisors
Illinois
$805K +$110K +7,927 +16%
RJA
23
Raymond James & Associates
Florida
$720K +$65K +4,671 +10%
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$686K +$66.2K +4,758 +11%
AA
25
AQR Arbitrage
Connecticut
$633K +$636K +45,692 New

NEA Hedge Fund Activity: Q1 2015 in Review

78 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2015, worth a combined $88.6M — down 2.4% from $90.8M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new NEA positions and 9 closed out — a net gain of 3 holders — while 26 added to existing stakes and 18 trimmed.

The largest buyer was UBS Group, adding an estimated $2.66M. The largest seller was Oak Hill Advisors, cutting an estimated $4.66M.

  • 78 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2015, up from 76 in Q4 2014.
  • Funds reported $88.6M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2015, down 2.4% quarter-over-quarter.
  • 12 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2015 and 9 closed out, a net change of +3 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2015 was UBS Group, an estimated $2.66M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2015 was Oak Hill Advisors, an estimated $4.66M sold.

Based on aggregated 13F filings for Q1 2015.