Nuveen New York Quality Municipal Income Fund
NAN
22 hedge funds and large institutions have $17.6M invested in Nuveen New York Quality Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.65% less ownership
Funds ownership: 13.86% → 13.21% (-0.65%)
2% less capital invested
Capital invested by funds: $18M → $17.6M (-$386K)
12% less funds holding
Funds holding: 25 → 22 (-3)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$959K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$380K |
| 3 |
LPL Financial
San Diego,
California
|
+$185K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$141K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.03M |
| 2 |
Morgan Stanley
New York
|
-$710K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$621K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$262K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$214K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Landscape Capital Management
Englewood,
New Jersey
| – | -$262K | -19,398 | Closed |
|
|
TC
27
TFS Capital
West Chester,
Pennsylvania
| – | -$172K | -12,713 | Closed |
|
|
NPC
28
National Planning Corporation
El Segundo,
California
| – | -$32.9K | -2,405 | Closed |
|
29
Citigroup
New York
| – | -$6K | -421 | Closed |
|
NAN Hedge Fund Activity: Q1 2015 in Review
22 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q1 2015, worth a combined $17.6M — down 2.2% from $18M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NAN and 3 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Horizon Kinetics, opening a new position worth an estimated $959K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.03M sold.
- 22 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q1 2015, down from 25 in Q4 2014.
- Funds reported $17.6M of Nuveen New York Quality Municipal Income Fund stock for Q1 2015, down 2.2% quarter-over-quarter.
- 3 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q1 2015 and 6 closed out, a net change of -3 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q1 2015 was Horizon Kinetics, an estimated $959K added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q1 2015 was Wolverine Asset Management, an estimated $1.03M sold.
Based on aggregated 13F filings for Q1 2015.