Nuveen AMT-Free Quality Municipal Income Fund
206 hedge funds and large institutions have $631M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 50 reducing their positions, and 14 closing their positions.
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
12% more capital invested
Capital invested by funds: $566M → $631M (+$65.6M)
10% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 50
5% more funds holding
Funds holding: 197 → 206 (+9)
1.86% more ownership
Funds ownership: 16.55% → 18.41% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$32.1M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$19.4M |
| 3 |
Morgan Stanley
New York
|
+$4.73M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.46M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$4.22M |
| 2 |
Bank of New York Mellon
New York
|
-$1.8M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.32M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$893K |
| 5 |
KF
Krilogy Financial
St. Louis,
Missouri
|
-$861K |
NEA Hedge Fund Activity: Q2 2018 in Review
206 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2018, worth a combined $631M — up 12% from $566M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NEA positions and 14 closed out — a net gain of 10 holders — while 55 added to existing stakes and 50 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $32.1M. The largest seller was Robinson Capital Management, cutting an estimated $4.22M.
- 206 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2018, up from 197 in Q1 2018.
- Funds reported $631M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2018, up 12% quarter-over-quarter.
- 24 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2018 and 14 closed out, a net change of +10 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2018 was Karpus Investment Management, an estimated $32.1M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2018 was Robinson Capital Management, an estimated $4.22M sold.
Based on aggregated 13F filings for Q2 2018.