Nuveen New York Quality Municipal Income Fund
NAN
23 hedge funds and large institutions have $13.5M invested in Nuveen New York Quality Municipal Income Fund in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
21% more funds holding
Funds holding: 19 → 23 (+4)
10% more capital invested
Capital invested by funds: $12.2M → $13.5M (+$1.27M)
1.27% more ownership
Funds ownership: 10.01% → 11.29% (+1.3%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$831K |
| 2 |
6CM
683 Capital Management
New York
|
+$629K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$384K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$296K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$536K |
| 2 |
Morgan Stanley
New York
|
-$392K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$213K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$61.4K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$36.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| – | -$4K | -300 | Closed |
|
NAN Hedge Fund Activity: Q4 2013 in Review
23 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q4 2013, worth a combined $13.5M — up 10% from $12.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NAN positions and 2 closed out — a net gain of 4 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $831K. The largest seller was Guggenheim Capital, cutting an estimated $536K.
- 23 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q4 2013, up from 19 in Q3 2013.
- Funds reported $13.5M of Nuveen New York Quality Municipal Income Fund stock for Q4 2013, up 10% quarter-over-quarter.
- 6 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q4 2013 and 2 closed out, a net change of +4 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q4 2013 was Tortoise Investment Management, an estimated $831K added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q4 2013 was Guggenheim Capital, an estimated $536K sold.
Based on aggregated 13F filings for Q4 2013.