Nuveen AMT-Free Quality Municipal Income Fund
169 hedge funds and large institutions have $430M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2016 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 65 increasing their positions, 9 reducing their positions, and 8 closing their positions.
888% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 8
622% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 9
360% more capital invested
Capital invested by funds: $93.5M → $430M (+$337M)
69% more funds holding
Funds holding: 100 → 169 (+69)
3.29% more ownership
Funds ownership: 7.87% → 11.16% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$43.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$38.1M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$26.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$24.6M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.37M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$938K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$399K |
| 4 |
IAA
Ironsides Asset Advisors
Rocky Mount,
North Carolina
|
-$390K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$205K |
NEA Hedge Fund Activity: Q3 2016 in Review
169 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q3 2016, worth a combined $430M — up 360% from $93.5M a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new NEA positions and 8 closed out — a net gain of 71 holders — while 65 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $43.6M. The largest seller was Curi RMB Capital, cutting an estimated $2.37M.
- 169 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q3 2016, up from 100 in Q2 2016.
- Funds reported $430M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q3 2016, up 360% quarter-over-quarter.
- 79 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q3 2016 and 8 closed out, a net change of +71 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q3 2016 was Morgan Stanley, an estimated $43.6M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q3 2016 was Curi RMB Capital, an estimated $2.37M sold.
Based on aggregated 13F filings for Q3 2016.