We are live on ! Find out more
NEA icon

Nuveen AMT-Free Quality Municipal Income Fund

215 hedge funds and large institutions have $786M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2019 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 63 increasing their positions, 41 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 41

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

12% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 26

7% more capital invested

Capital invested by funds: $734M → $786M (+$51.7M)

0.22% less ownership

Funds ownership: 22.66%22.44% (-0.22%)

0% less funds holding

Funds holding: 216215 (-1)

Holders
215
Holders Change
-1
Holders Change %
-0.46%
% of All Funds
4.65%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.13%
New
29
Increased
63
Reduced
41
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$174M -$6.72M -517,049 -4%
Morgan Stanley
2
Morgan Stanley
New York
$79.3M -$729K -56,084 -0.9%
Wells Fargo
3
Wells Fargo
California
$63.9M -$6.22M -478,430 -9%
PPA
4
Parametric Portfolio Associates
Washington
$58.8M +$10.5M +805,716 +22%
RCM
5
Rivernorth Capital Management
Florida
$46.1M -$14.8M -1,140,146 -25%
MSL
6
Mackay Shields LLC
New York
$24M
SIA
7
Sit Investment Associates
Minnesota
$23.1M +$3.43M +263,820 +18%
UBS Group
8
UBS Group
Switzerland
$21.7M -$282K -21,660 -1%
OA
9
Oxbow Advisors
Texas
$21M -$129K -9,946 -0.6%
V
10
Veritable
Delaware
$20.4M
Bank of America
11
Bank of America
North Carolina
$14.8M +$890K +68,437 +7%
Stifel Financial
12
Stifel Financial
Missouri
$13.7M +$1.86M +143,424 +16%
1CP
13
1607 Capital Partners
Virginia
$12.4M +$776K +59,700 +7%
RCM
14
Robinson Capital Management
Michigan
$11.3M
VanEck Associates
15
VanEck Associates
New York
$11.3M +$917K +70,519 +9%
COLIM
16
City of London Investment Management
United Kingdom
$9.78M +$2.04M +156,881 +27%
HKAM
17
Horizon Kinetics Asset Management
New York
$7.63M +$7.42M +571,189 New
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$6.86M +$529K +40,735 +9%
HighTower Advisors
19
HighTower Advisors
Illinois
$6.82M +$141K +10,854 +2%
Fiera Capital (Canada)
20
Fiera Capital (Canada)
Quebec, Canada
$6.56M -$2.27M -174,948 -26%
RJA
21
Raymond James & Associates
Florida
$6.17M -$124K -9,578 -2%
GC
22
Guggenheim Capital
Illinois
$5.72M +$323K +24,820 +6%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$5.66M +$138K +10,619 +3%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$5.15M -$35.9K -2,760 -0.7%
Cohen & Steers
25
Cohen & Steers
New York
$4.94M +$658K +50,607 +16%

NEA Hedge Fund Activity: Q1 2019 in Review

215 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q1 2019, worth a combined $786M — up 7% from $734M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new NEA positions and 26 closed out — a net gain of 3 holders — while 63 added to existing stakes and 41 trimmed.

The largest buyer was Parametric Portfolio Associates, adding an estimated $10.5M. The largest seller was Rivernorth Capital Management, cutting an estimated $14.8M.

  • 215 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q1 2019, down from 216 in Q4 2018.
  • Funds reported $786M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q1 2019, up 7% quarter-over-quarter.
  • 29 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q1 2019 and 26 closed out, a net change of +3 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q1 2019 was Parametric Portfolio Associates, an estimated $10.5M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $14.8M sold.

Based on aggregated 13F filings for Q1 2019.