Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nuveen Amt Free Qlty Mun Inc (NEA)

294 + Investors. Track Smart Money conviction in NEA. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -6
Streak
1Q ▼
Buyers last Q
53%

Smart Money Signals — NEA

Based on 296 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NEA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
296 funds currently hold this stock — 94% of the 3.0-year high of 314 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding NEA is almost the same as a year ago (-6 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 53% buying

123 buying110 selling
Last quarter: 123 funds bought or added vs 110 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-21 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 22 → 38 → 49 → 28. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 21% medium ■ 16% new
189 out of 296 hedge funds have held NEA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

30 → 22 → 38 → 49 → 28 new funds/Q
New funds entering each quarter: 22 → 38 → 49 → 28. A growing number of institutions are discovering NEA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 67% veterans vs 20% newcomers

■ 67% veterans ■ 14% 1-2yr ■ 20% new
Entry-cohort mix of 296 holders: 198 (67%) are 2+ year veterans, 40 entered 1–2 years ago, and 58 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
19 of 296 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in NEA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NEA

In 2026 Q2, 123 hedge funds were net buyers of NEA (28 opened a new position, 95 added to an existing one), while 110 reduced or exited (76 trimmed, 34 sold completely) — a 53% buyer ratio, indicating a slight buying edge. 40% of total institutional value in NEA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -6 funds (more exits than new entries). Total institutional holders: 296.

Hedge Fund Ownership: NEA

How many hedge funds hold NEA — quarterly history vs. share price
Quarterly hedge fund ownership of NEA vs. share price

Market Analysis: NEA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NEA

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 1 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: NEA
294 + Investors

Track Smart Money conviction in NEA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 294 302 -2.65%
13F Shares 54M 53M 1.08%
Total Value $620M $570M 8.65%
New Positions 27 49 -22
Increased Positions 95 112 -17
Closed Positions 35 36 -1
Reduced Positions 75 67 +8
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NEA

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Institutional Holders (2026 Q2)

294 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NEA. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NEA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Melone Private Wealth, LLC 3.86% 862,704 $10.1M
2 Eagle Bluffs Wealth Management LLC 2.89% 732,015 $8.6M
3 Byrne Financial Freedom, LLC 2.88% 628,111 $7.4M
4 Congress Park Capital LLC 2.69% 850,000 $10.0M
5 McGowan Group Asset Management, Inc. 2.01% 1,410,013 $16.6M
6 Cresta Advisors, Ltd. 1.92% 455,647 $5.3M
7 Cura Wealth Advisors, LLC 1.51% 302,000 $3.5M
8 Palogic Value Management, L.P. 1.47% 380,871 $4.5M
9 Jupiter Wealth Management LLC 1.13% 240,237 $2.8M
10 Capital & Planning, LLC 0.80% 132,325 $1.6M
11 Pursuit Wealth Strategies, LLC 0.66% 43,517 $511K
12 Ramsey Quantitative Systems 0.66% 63,000 $740K
13 Whipplewood Advisors, LLC 0.58% 73,837 $867K
14 Accredited Investor Services, LLC 0.55% 82,499 $969K
15 Smh Capital Advisors Inc 0.54% 11,798 $139K
16 Hennion & Walsh Asset Management, Inc. 0.54% 1,607,896 $18.9M
17 Broyhill Asset Management, LLC 0.53% 51,042 $599K
18 Wakefield Asset Management LLLP 0.53% 199,971 $2.3M
19 Kercheville Advisors, LLC 0.49% 137,134 $1.6M
20 Intellectus Partners, LLC 0.49% 237,833 $2.8M
21 Wealth Care LLC 0.48% 50,000 $587K
22 Gill Capital Partners, LLC 0.43% 137,852 $1.6M
23 Essential Investment Partners LLC 0.38% 34,500 $401K
24 MBA Advisors LLC 0.37% 94,110 $1.1M
25 Lifetime Wealth Management P.C. 0.37% 53,500 $628K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Nuveen Amt Free Qlty Mun Inc (NEA)

What does the Smart Money Trend signal show for NEA?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NEA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for NEA?

Slight buying edge — 53% buying: Last quarter: 123 funds bought or added vs 110 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NEA holders?

Elite ownership — 40% AUM from top-100 funds: 19 of 296 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in NEA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NEA?

64% of holders stayed for 2+ years: 189 out of 296 hedge funds have held NEA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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