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Nuveen AMT-Free Quality Municipal Income Fund

100 hedge funds and large institutions have $93.5M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

214% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 7

18% more funds holding

Funds holding: 85100 (+15)

6% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 18

0.5% less ownership

Funds ownership: 8.37%7.87% (-0.5%)

1% less capital invested

Capital invested by funds: $94.9M → $93.5M (-$1.31M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
100
Holders Change
+15
Holders Change %
+17.65%
% of All Funds
2.67%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
22
Increased
19
Reduced
18
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$11.3M +$72.1K +4,913 +0.7%
OA
2
Oxbow Advisors
Texas
$10.5M -$113K -7,708 -1%
UBS Group
3
UBS Group
Switzerland
$7.87M -$1.15M -78,493 -13%
Bank of America
4
Bank of America
North Carolina
$5.89M -$354K -24,124 -6%
Fiera Capital (Canada)
5
Fiera Capital (Canada)
Quebec, Canada
$4.75M -$13.1K -895 -0.3%
Wells Fargo
6
Wells Fargo
California
$3.88M -$582K -39,631 -13%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$3.68M +$2.23M +152,037 +163%
LPL Financial
8
LPL Financial
California
$3.48M -$3.04M -207,104 -47%
VanEck Associates
9
VanEck Associates
New York
$3.37M +$501K +34,096 +18%
CRC
10
Curi RMB Capital
Illinois
$2.81M +$2.75M +187,495 New
GC
11
Guggenheim Capital
Illinois
$2.79M +$2.73M +186,149 New
DLG
12
Daniel L. Goodwin
$2.19M
Janney Montgomery Scott
13
Janney Montgomery Scott
Pennsylvania
$2.17M +$1.18M +80,468 +125%
NCM
14
Newgate Capital Management
Connecticut
$1.88M +$376K +25,614 +26%
JWA
15
JFS Wealth Advisors
Pennsylvania
$1.87M +$23K +1,568 +1%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$1.64M +$148K +10,076 +10%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$1.58M +$8.52K +580 +0.6%
DC
18
Davenport & Co
Virginia
$1.01M -$17.8K -1,211 -2%
Stifel Financial
19
Stifel Financial
Missouri
$963K +$77.7K +5,290 +9%
HighTower Advisors
20
HighTower Advisors
Illinois
$861K
BHTS
21
Bar Harbor Trust Services
Maine
$784K
TC
22
TFS Capital
Pennsylvania
$765K +$749K +51,002 New
Creative Planning
23
Creative Planning
Kansas
$704K -$4.93K -336 -0.7%
SFWA
24
Summit Financial Wealth Advisors
Louisiana
$694K +$29K +1,975 +4%
TCM
25
Tradewinds Capital Management
Washington
$683K

NEA Hedge Fund Activity: Q2 2016 in Review

100 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2016, worth a combined $93.5M — down 1.4% from $94.9M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new NEA positions and 7 closed out — a net gain of 15 holders — while 19 added to existing stakes and 18 trimmed.

The largest buyer was Curi RMB Capital, opening a new position worth an estimated $2.75M. The largest seller was Oak Hill Advisors, exiting entirely with an estimated $7.94M sold.

  • 100 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2016, up from 85 in Q1 2016.
  • Funds reported $93.5M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2016, down 1.4% quarter-over-quarter.
  • 22 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2016 and 7 closed out, a net change of +15 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2016 was Curi RMB Capital, an estimated $2.75M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2016 was Oak Hill Advisors, an estimated $7.94M sold.

Based on aggregated 13F filings for Q2 2016.