Nuveen New York Quality Municipal Income Fund
NAN
25 hedge funds and large institutions have $18M invested in Nuveen New York Quality Municipal Income Fund in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
9% more funds holding
Funds holding: 23 → 25 (+2)
8% more capital invested
Capital invested by funds: $16.6M → $18M (+$1.4M)
0.92% more ownership
Funds ownership: 12.94% → 13.86% (+0.92%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$940K |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$618K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$399K |
| 4 |
6CM
683 Capital Management
New York
|
+$313K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$1.33M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$377K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$242K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$177K |
| 5 |
Barclays
London,
United Kingdom
|
-$90K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $6K | -$5.25K | -390 | -48% |
|
|
HK
27
Horizon Kinetics
New York
| – | -$1.33M | -99,872 | Closed |
|
|
28
Barclays
London,
United Kingdom
| – | -$90K | -6,886 | Closed |
|
|
JIC
29
Joel Isaacson & Co
New York
| – | -$55K | -4,100 | Closed |
|
NAN Hedge Fund Activity: Q4 2014 in Review
25 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q4 2014, worth a combined $18M — up 8.5% from $16.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NAN positions and 3 closed out — a net gain of 3 holders — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $940K. The largest seller was Horizon Kinetics, exiting entirely with an estimated $1.33M sold.
- 25 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q4 2014, up from 23 in Q3 2014.
- Funds reported $18M of Nuveen New York Quality Municipal Income Fund stock for Q4 2014, up 8.5% quarter-over-quarter.
- 6 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q4 2014 and 3 closed out, a net change of +3 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q4 2014 was Morgan Stanley, an estimated $940K added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q4 2014 was Horizon Kinetics, an estimated $1.33M sold.
Based on aggregated 13F filings for Q4 2014.