Nuveen AMT-Free Quality Municipal Income Fund
303 hedge funds and large institutions have $1.17B invested in Nuveen AMT-Free Quality Municipal Income Fund in 2024 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 96 increasing their positions, 94 reducing their positions, and 37 closing their positions.
3% more capital invested
Capital invested by funds: $1.14B → $1.17B (+$32.8M)
2% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 94
0.24% less ownership
Funds ownership: 34.36% → 34.12% (-0.24%)
5% less funds holding
Funds holding: 318 → 303 (-15)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
27% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$21.6M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$18.2M |
| 3 |
BlackRock
New York
|
+$16.3M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.22M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$36.7M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$17.5M |
| 3 |
SCM
Saba Capital Management
New York
|
-$9.85M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$5.51M |
| 5 |
RVPG
Relative Value Partners Group
|
-$4.42M |
NEA Hedge Fund Activity: Q2 2024 in Review
303 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q2 2024, worth a combined $1.17B — up 2.9% from $1.14B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of NEA and 27 opened new positions — a net loss of 10 holders — while 94 trimmed existing stakes and 96 added.
The largest buyer was Mackay Shields LLC, adding an estimated $21.6M. The largest seller was Bramshill Investments, cutting an estimated $36.7M.
- 303 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q2 2024, down from 318 in Q1 2024.
- Funds reported $1.17B of Nuveen AMT-Free Quality Municipal Income Fund stock for Q2 2024, up 2.9% quarter-over-quarter.
- 27 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q2 2024 and 37 closed out, a net change of -10 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q2 2024 was Mackay Shields LLC, an estimated $21.6M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q2 2024 was Bramshill Investments, an estimated $36.7M sold.
Based on aggregated 13F filings for Q2 2024.