Nuveen AMT-Free Quality Municipal Income Fund
323 hedge funds and large institutions have $947M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2024 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 94 increasing their positions, 90 reducing their positions, and 37 closing their positions.
57% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 37
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
5% more funds holding
Funds holding: 308 → 323 (+15)
4% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 90
1.65% less ownership
Funds ownership: 29.66% → 28.01% (-1.7%)
11% less capital invested
Capital invested by funds: $1.06B → $947M (-$117M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$15.7M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$10.9M |
| 3 |
SG
StoneX Group
New York
|
+$2.7M |
| 4 |
BlackRock
New York
|
+$2.33M |
| 5 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$47.5M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$15.7M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$15.5M |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
-$7.34M |
| 5 |
Morgan Stanley
New York
|
-$4.66M |
NEA Hedge Fund Activity: Q4 2024 in Review
323 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q4 2024, worth a combined $947M — down 11% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new NEA positions and 37 closed out — a net gain of 21 holders — while 94 added to existing stakes and 90 trimmed.
The largest buyer was Wells Fargo, adding an estimated $15.7M. The largest seller was Karpus Investment Management, cutting an estimated $47.5M.
- 323 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q4 2024, up from 308 in Q3 2024.
- Funds reported $947M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q4 2024, down 11% quarter-over-quarter.
- 58 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q4 2024 and 37 closed out, a net change of +21 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q4 2024 was Wells Fargo, an estimated $15.7M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q4 2024 was Karpus Investment Management, an estimated $47.5M sold.
Based on aggregated 13F filings for Q4 2024.