Nuveen AMT-Free Quality Municipal Income Fund
290 hedge funds and large institutions have $1.03B invested in Nuveen AMT-Free Quality Municipal Income Fund in 2021 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 98 increasing their positions, 54 reducing their positions, and 20 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 54
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
4% more funds holding
Funds holding: 280 → 290 (+10)
3% more capital invested
Capital invested by funds: $995M → $1.03B (+$32M)
0.61% less ownership
Funds ownership: 22.46% → 21.84% (-0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$8.62M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$3.83M |
| 3 |
BAM
Brave Asset Management
Summit,
New Jersey
|
+$3.68M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.57M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$27.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$10.8M |
| 3 |
SW
SlateStone Wealth
Jupiter,
Florida
|
-$7.13M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$6.46M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.83M |
NEA Hedge Fund Activity: Q2 2021 in Review
290 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2021, worth a combined $1.03B — up 3.2% from $995M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new NEA positions and 20 closed out — a net gain of 12 holders — while 98 added to existing stakes and 54 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $8.62M. The largest seller was Rivernorth Capital Management, cutting an estimated $27.4M.
- 290 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2021, up from 280 in Q1 2021.
- Funds reported $1.03B of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2021, up 3.2% quarter-over-quarter.
- 32 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2021 and 20 closed out, a net change of +12 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2021 was Bramshill Investments, an estimated $8.62M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2021 was Rivernorth Capital Management, an estimated $27.4M sold.
Based on aggregated 13F filings for Q2 2021.