Nuveen New York Quality Municipal Income Fund
NAN
32 hedge funds and large institutions have $52.9M invested in Nuveen New York Quality Municipal Income Fund in 2015 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 1 reducing their positions, and 2 closing their positions.
1,500% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 1
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
201% more capital invested
Capital invested by funds: $17.6M → $52.9M (+$35.3M)
45% more funds holding
Funds holding: 22 → 32 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.03% less ownership
Funds ownership: 13.21% → 12.17% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$12.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.15M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.06M |
| 4 |
6CM
683 Capital Management
New York
|
+$1.97M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$237K |
| 2 |
Goldman Sachs
New York
|
-$227K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$205K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Ameriprise
Minneapolis,
Minnesota
| $162K | +$165K | +11,970 | New |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $78K | +$78.9K | +5,735 | New |
|
|
AIG
28
American International Group
New York
| $41.7K | +$17.8K | +1,294 | +72% |
|
|
CHC
29
City Holding Co
Charleston,
West Virginia
| $28K | +$28.3K | +2,060 | New |
|
30
Citigroup
New York
| $24K | +$24.2K | +1,762 | New |
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $23K | +$23.7K | +1,726 | New |
|
|
GWM
32
Gupta Wealth Management
San Diego,
California
| $21K | +$21.3K | +1,545 | New |
|
|
WEC
33
Winslow Evans & Crocker
Boston,
Massachusetts
| $12.6K | – | – | – |
|
|
34
Goldman Sachs
New York
| – | -$227K | -16,350 | Closed |
|
|
RJA
35
Raymond James & Associates
St Petersburg,
Florida
| – | -$205K | -14,800 | Closed |
|
NAN Hedge Fund Activity: Q2 2015 in Review
32 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q2 2015, worth a combined $52.9M — up 201% from $17.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NAN positions and 2 closed out — a net gain of 10 holders — while 16 added to existing stakes and 1 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $12.1M. The largest seller was AQR Arbitrage, cutting an estimated $237K.
- 32 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q2 2015, up from 22 in Q1 2015.
- Funds reported $52.9M of Nuveen New York Quality Municipal Income Fund stock for Q2 2015, up 201% quarter-over-quarter.
- 12 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q2 2015 and 2 closed out, a net change of +10 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q2 2015 was Tortoise Investment Management, an estimated $12.1M added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q2 2015 was AQR Arbitrage, an estimated $237K sold.
Based on aggregated 13F filings for Q2 2015.