Nuveen AMT-Free Quality Municipal Income Fund
80 hedge funds and large institutions have $79.7M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2015 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 13 closing their positions.
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
3% more funds holding
Funds holding: 78 → 80 (+2)
0.03% more ownership
Funds ownership: 7.86% → 7.9% (+0.03%)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
7% less capital invested
Capital invested by funds: $85.9M → $79.7M (-$6.19M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.17M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$784K |
| 3 |
BHTS
Bar Harbor Trust Services
Ellsworth,
Maine
|
+$677K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$658K |
| 5 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$643K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.96M |
| 2 |
DC
Davenport & Co
Richmond,
Virginia
|
-$947K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$903K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$734K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$633K |
NEA Hedge Fund Activity: Q2 2015 in Review
80 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2015, worth a combined $79.7M — down 7.2% from $85.9M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NEA positions and 13 closed out — a net gain of 3 holders — while 20 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.17M. The largest seller was Oxbow Advisors, cutting an estimated $1.96M.
- 80 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2015, up from 78 in Q1 2015.
- Funds reported $79.7M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2015, down 7.2% quarter-over-quarter.
- 16 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2015 and 13 closed out, a net change of +3 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2015 was Morgan Stanley, an estimated $1.17M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2015 was Oxbow Advisors, an estimated $1.96M sold.
Based on aggregated 13F filings for Q2 2015.