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Nuveen AMT-Free Quality Municipal Income Fund

310 hedge funds and large institutions have $1.01B invested in Nuveen AMT-Free Quality Municipal Income Fund in 2021 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 105 increasing their positions, 56 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

93% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 27

88% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 56

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

8% more funds holding

Funds holding: 288310 (+22)

5% more capital invested

Capital invested by funds: $957M → $1.01B (+$48.3M)

0.5% more ownership

Funds ownership: 21.09%21.59% (+0.5%)

Holders
310
Holders Change
+22
Holders Change %
+7.64%
% of All Funds
4.77%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.11%
New
52
Increased
105
Reduced
56
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$111M +$8.82M +579,427 +9%
BI
2
Bramshill Investments
Florida
$96M +$3.42M +224,975 +4%
Morgan Stanley
3
Morgan Stanley
New York
$86.5M +$4.26M +279,793 +5%
GC
4
Guggenheim Capital
Illinois
$62.3M -$118K -7,761 -0.2%
PPA
5
Parametric Portfolio Associates
Washington
$59.3M -$1.95M -128,132 -3%
UBS Group
6
UBS Group
Switzerland
$44.5M -$3.46M -227,634 -7%
SIA
7
Sit Investment Associates
Minnesota
$35.8M +$7.01M +460,859 +25%
V
8
Veritable
Delaware
$35M +$128K +8,427 +0.4%
MSL
9
Mackay Shields LLC
New York
$26.6M
Bank of America
10
Bank of America
North Carolina
$23.7M +$1.07M +70,176 +5%
VanEck Associates
11
VanEck Associates
New York
$17.9M +$1.13M +74,491 +7%
HWAM
12
Hennion & Walsh Asset Management
New Jersey
$15.4M +$3.69M +242,541 +33%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$15.4M +$547K +35,941 +4%
Stifel Financial
14
Stifel Financial
Missouri
$13.5M -$134K -8,789 -1%
Wells Fargo
15
Wells Fargo
California
$13.1M +$28.9K +1,896 +0.2%
RJA
16
Raymond James & Associates
Florida
$12.8M -$7.91K -520 -0.1%
GCP
17
Gill Capital Partners
Colorado
$11M +$213K +13,995 +2%
KIM
18
Karpus Investment Management
New York
$10.3M -$275K -18,047 -3%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$10.2M +$658K +43,226 +7%
LPL Financial
20
LPL Financial
California
$10.1M +$1.39M +91,146 +16%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$9.25M +$740K +48,611 +9%
HKAM
22
Horizon Kinetics Asset Management
New York
$8.3M
Northwestern Mutual Wealth Management
23
Northwestern Mutual Wealth Management
Wisconsin
$8.07M -$71.1K -4,670 -0.9%
Ameriprise
24
Ameriprise
Minnesota
$7.86M +$585K +38,429 +8%
Rockefeller Capital Management
25
Rockefeller Capital Management
New York
$7.58M -$176K -11,592 -2%

NEA Hedge Fund Activity: Q4 2021 in Review

310 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q4 2021, worth a combined $1.01B — up 5% from $957M a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new NEA positions and 27 closed out — a net gain of 25 holders — while 105 added to existing stakes and 56 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $8.82M. The largest seller was Citadel Advisors, exiting entirely with an estimated $16.5M sold.

  • 310 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q4 2021, up from 288 in Q3 2021.
  • Funds reported $1.01B of Nuveen AMT-Free Quality Municipal Income Fund stock for Q4 2021, up 5% quarter-over-quarter.
  • 52 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q4 2021 and 27 closed out, a net change of +25 holders.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q4 2021 was Rivernorth Capital Management, an estimated $8.82M added.
  • The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q4 2021 was Citadel Advisors, an estimated $16.5M sold.

Based on aggregated 13F filings for Q4 2021.