Nuveen AMT-Free Quality Municipal Income Fund
292 hedge funds and large institutions have $638M invested in Nuveen AMT-Free Quality Municipal Income Fund in 2025 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 103 increasing their positions, 78 reducing their positions, and 30 closing their positions.
40% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 30
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
32% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 78
2% more funds holding
Funds holding: 285 → 292 (+7)
0.87% less ownership
Funds ownership: 19.21% → 18.35% (-0.87%)
3% less capital invested
Capital invested by funds: $655M → $638M (-$16.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$9.73M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$4.43M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$3.33M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.68M |
| 5 |
MPW
Melone Private Wealth
Auburn Hills,
Michigan
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$20.5M |
| 2 |
BlackRock
New York
|
-$16.9M |
| 3 |
Rockefeller Capital Management
New York
|
-$7.37M |
| 4 |
Morgan Stanley
New York
|
-$5.44M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$5.06M |
NEA Hedge Fund Activity: Q4 2025 in Review
292 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Quality Municipal Income Fund (NEA) for Q4 2025, worth a combined $638M — down 2.6% from $655M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new NEA positions and 30 closed out — a net gain of 12 holders — while 103 added to existing stakes and 78 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $9.73M. The largest seller was Mackay Shields LLC, exiting entirely with an estimated $20.5M sold.
- 292 institutional investors held Nuveen AMT-Free Quality Municipal Income Fund (NEA) as of Q4 2025, up from 285 in Q3 2025.
- Funds reported $638M of Nuveen AMT-Free Quality Municipal Income Fund stock for Q4 2025, down 2.6% quarter-over-quarter.
- 42 funds opened new Nuveen AMT-Free Quality Municipal Income Fund positions in Q4 2025 and 30 closed out, a net change of +12 holders.
- The largest Nuveen AMT-Free Quality Municipal Income Fund buyer in Q4 2025 was Guggenheim Capital, an estimated $9.73M added.
- The largest Nuveen AMT-Free Quality Municipal Income Fund seller in Q4 2025 was Mackay Shields LLC, an estimated $20.5M sold.
Based on aggregated 13F filings for Q4 2025.