Nuveen New York Quality Municipal Income Fund
NAN
32 hedge funds and large institutions have $54.8M invested in Nuveen New York Quality Municipal Income Fund in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more capital invested
Capital invested by funds: $53M → $54.8M (+$1.84M)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.3% less ownership
Funds ownership: 12.31% → 12.01% (-0.3%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.7M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$338K |
| 3 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$209K |
| 4 |
SA
Strategic Advisors
New York
|
+$208K |
| 5 |
LPL Financial
San Diego,
California
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$1.15M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$395K |
| 3 |
Morgan Stanley
New York
|
-$263K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$238K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$236K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
SEI Investments
Oaks,
Pennsylvania
| $63K | +$60.8K | +4,401 | New |
|
27
Creative Planning
Overland Park,
Kansas
| $51K | – | – | – |
|
|
AIG
28
American International Group
New York
| $44K | – | – | – |
|
|
FWM
29
Focused Wealth Management
Newburgh,
New York
| $37K | +$35.9K | +2,597 | New |
|
|
CHC
30
City Holding Co
Charleston,
West Virginia
| $29K | – | – | – |
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $24K | – | – | – |
|
32
Citigroup
New York
| $22K | – | – | – |
|
|
GWM
33
Gupta Wealth Management
San Diego,
California
| $22K | – | – | – |
|
|
AA
34
AQR Arbitrage
Greenwich,
Connecticut
| – | -$238K | -17,701 | Closed |
|
|
LCM
35
Landscape Capital Management
Englewood,
New Jersey
| – | -$236K | -17,606 | Closed |
|
|
DA
36
Doliver Advisors
Houston,
Texas
| – | -$210K | -15,633 | Closed |
|
|
MSL
37
Mackay Shields LLC
New York
| – | -$173K | -12,886 | Closed |
|
|
WAM
38
Wolverine Asset Management
Chicago,
Illinois
| – | -$2K | -200 | Closed |
|
NAN Hedge Fund Activity: Q4 2015 in Review
32 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q4 2015, worth a combined $54.8M — up 3.5% from $53M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NAN positions and 5 closed out — a net gain of 1 holder — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $1.7M. The largest seller was Tortoise Investment Management, cutting an estimated $1.15M.
- 32 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $54.8M of Nuveen New York Quality Municipal Income Fund stock for Q4 2015, up 3.5% quarter-over-quarter.
- 6 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q4 2015 and 5 closed out, a net change of +1 holder.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q4 2015 was Fiera Capital (Canada), an estimated $1.7M added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q4 2015 was Tortoise Investment Management, an estimated $1.15M sold.
Based on aggregated 13F filings for Q4 2015.