Nuveen AMT-Free Quality Municipal Income Fund
173 hedge funds and large institutions have $476M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 60 increasing their positions, 36 reducing their positions, and 16 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 36
10% more capital invested
Capital invested by funds: $434M → $476M (+$42.5M)
0.85% more ownership
Funds ownership: 12.38% → 13.23% (+0.85%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
2% less funds holding
Funds holding: 176 → 173 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$26.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.79M |
| 3 |
Morgan Stanley
New York
|
+$4.44M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.17M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.02M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$3.19M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$3.15M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.03M |
| 5 |
SA
Strategic Advisors
New York
|
-$920K |
NEA Hedge Fund Activity: Q2 2017 in Review
173 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2017, worth a combined $476M — up 9.8% from $434M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NEA and 15 opened new positions — a net loss of 1 holder — while 36 trimmed existing stakes and 60 added.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $26.7M. The largest seller was Fiera Capital (Canada), cutting an estimated $4.02M.
- 173 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2017, down from 176 in Q1 2017.
- Funds reported $476M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2017, up 9.8% quarter-over-quarter.
- 15 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2017 and 16 closed out, a net change of -1 holder.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $26.7M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2017 was Fiera Capital (Canada), an estimated $4.02M sold.
Based on aggregated 13F filings for Q2 2017.