Nuveen AMT-Free Quality Municipal Income Fund
212 hedge funds and large institutions have $818M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2019 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 71 increasing their positions, 49 reducing their positions, and 19 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 49
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
4% more capital invested
Capital invested by funds: $787M → $818M (+$31M)
0.1% more ownership
Funds ownership: 22.41% → 22.51% (+0.1%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
1% less funds holding
Funds holding: 214 → 212 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.52M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.43M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.12M |
| 4 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
+$2.73M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$5.97M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$5.54M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.84M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.64M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.15M |
NEA Hedge Fund Activity: Q2 2019 in Review
212 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2019, worth a combined $818M — up 3.9% from $787M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NEA positions and 19 closed out — a net gain of 1 holder — while 71 added to existing stakes and 49 trimmed.
The largest buyer was Wells Fargo, adding an estimated $4.52M. The largest seller was Oxbow Advisors, cutting an estimated $5.97M.
- 212 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2019, down from 214 in Q1 2019.
- Funds reported $818M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2019, up 3.9% quarter-over-quarter.
- 20 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2019 and 19 closed out, a net change of +1 holder.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2019 was Wells Fargo, an estimated $4.52M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2019 was Oxbow Advisors, an estimated $5.97M sold.
Based on aggregated 13F filings for Q2 2019.