Nuveen AMT-Free Quality Municipal Income Fund
285 hedge funds and large institutions have $655M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2025 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 103 increasing their positions, 81 reducing their positions, and 31 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 81
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.83% less ownership
Funds ownership: 21.4% → 19.58% (-1.8%)
6% less funds holding
Funds holding: 302 → 285 (-17)
6% less capital invested
Capital invested by funds: $699M → $655M (-$44.3M)
39% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
+$11.9M |
| 2 |
Morgan Stanley
New York
|
+$7.71M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.39M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$3.07M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$27.6M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$24.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.47M |
| 5 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$5.05M |
NEA Hedge Fund Activity: Q3 2025 in Review
285 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q3 2025, worth a combined $655M — down 6.3% from $699M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of NEA and 19 opened new positions — a net loss of 12 holders — while 81 trimmed existing stakes and 103 added.
The largest buyer was Gridiron Partners, adding an estimated $11.9M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $27.6M sold.
- 285 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q3 2025, down from 302 in Q2 2025.
- Funds reported $655M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q3 2025, down 6.3% quarter-over-quarter.
- 19 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q3 2025 and 31 closed out, a net change of -12 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q3 2025 was Gridiron Partners, an estimated $11.9M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q3 2025 was Rivernorth Capital Management, an estimated $27.6M sold.
Based on aggregated 13F filings for Q3 2025.