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Nuveen AMT-Free Quality Municipal Income Fund

94 hedge funds and large institutions have $108M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2015 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 29 increasing their positions, 14 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

111% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 9

107% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 14

18% more capital invested

Capital invested by funds: $91.3M → $108M (+$16.3M)

9% more funds holding

Funds holding: 8694 (+8)

0.93% more ownership

Funds ownership: 8.86%9.79% (+0.93%)

Holders
94
Holders Change
+8
Holders Change %
+9.3%
% of All Funds
2.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
29
Reduced
14
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
OA
1
Oxbow Advisors
Texas
$12.3M +$1.44M +108,868 +14%
Morgan Stanley
2
Morgan Stanley
New York
$11.9M +$83.5K +6,298 +0.7%
UBS Group
3
UBS Group
Switzerland
$8.58M +$479K +36,179 +6%
OHA
4
Oak Hill Advisors
New York
$7.74M
PPA
5
Parametric Portfolio Associates
Washington
$7.04M +$1.53M +115,718 +29%
LPL Financial
6
LPL Financial
California
$5.61M +$2.54M +191,833 +90%
Bank of America
7
Bank of America
North Carolina
$5.53M -$1.59M -120,212 -23%
MGAM
8
McGowan Group Asset Management
Texas
$4.85M -$141K -10,651 -3%
Fiera Capital (Canada)
9
Fiera Capital (Canada)
Quebec, Canada
$4.52M +$4.32M +326,091 New
Wells Fargo
10
Wells Fargo
California
$3.49M -$421K -31,774 -11%
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$2.57M +$2.16M +162,833 +719%
DLG
12
Daniel L. Goodwin
$2.02M
VanEck Associates
13
VanEck Associates
New York
$1.93M +$202K +15,277 +12%
JWA
14
JFS Wealth Advisors
Pennsylvania
$1.68M +$22.4K +1,692 +1%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.43M +$103K +7,803 +8%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$1.41M +$897K +67,681 +199%
LCM
17
Landscape Capital Management
New Jersey
$1.4M +$483K +36,445 +57%
NCM
18
Newgate Capital Management
Connecticut
$1.31M +$6.56K +495 +0.5%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$1.19M +$10.4K +782 +0.9%
Cohen & Steers
20
Cohen & Steers
New York
$1.07M
DC
21
Davenport & Co
Virginia
$961K +$186 +14 +0%
Janney Montgomery Scott
22
Janney Montgomery Scott
Pennsylvania
$834K +$15.2K +1,148 +2%
HighTower Advisors
23
HighTower Advisors
Illinois
$804K -$2.42K -183 -0.3%
BHTS
24
Bar Harbor Trust Services
Maine
$724K +$9.94K +750 +1%
MFS
25
MSI Financial Services
Massachusetts
$719K +$267K +20,165 +63%

NEA Hedge Fund Activity: Q4 2015 in Review

94 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q4 2015, worth a combined $108M — up 18% from $91.3M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new NEA positions and 9 closed out — a net gain of 10 holders — while 29 added to existing stakes and 14 trimmed.

The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $4.32M. The largest seller was Bank of America, cutting an estimated $1.59M.

  • 94 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q4 2015, up from 86 in Q3 2015.
  • Funds reported $108M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q4 2015, up 18% quarter-over-quarter.
  • 19 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q4 2015 and 9 closed out, a net change of +10 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q4 2015 was Fiera Capital (Canada), an estimated $4.32M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q4 2015 was Bank of America, an estimated $1.59M sold.

Based on aggregated 13F filings for Q4 2015.