Nuveen New York Quality Municipal Income Fund
NAN
24 hedge funds and large institutions have $14.4M invested in Nuveen New York Quality Municipal Income Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
7% more capital invested
Capital invested by funds: $13.5M → $14.4M (+$925K)
4% more funds holding
Funds holding: 23 → 24 (+1)
0.04% less ownership
Funds ownership: 11.29% → 11.24% (-0.04%)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$555K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$139K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$114K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$90.9K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$45.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$342K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$321K |
| 3 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$131K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$62.7K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$33K |
NAN Hedge Fund Activity: Q1 2014 in Review
24 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q1 2014, worth a combined $14.4M — up 6.9% from $13.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NAN positions and 2 closed out — a net gain of 1 holder — while 4 added to existing stakes and 10 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $555K. The largest seller was Wolverine Asset Management, cutting an estimated $342K.
- 24 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q1 2014, up from 23 in Q4 2013.
- Funds reported $14.4M of Nuveen New York Quality Municipal Income Fund stock for Q1 2014, up 6.9% quarter-over-quarter.
- 3 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q1 2014 and 2 closed out, a net change of +1 holder.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q1 2014 was Tortoise Investment Management, an estimated $555K added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q1 2014 was Wolverine Asset Management, an estimated $342K sold.
Based on aggregated 13F filings for Q1 2014.