Nuveen New York Quality Municipal Income Fund
NAN
30 hedge funds and large institutions have $43M invested in Nuveen New York Quality Municipal Income Fund in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
7% more funds holding
Funds holding: 28 → 30 (+2)
0.06% more ownership
Funds ownership: 8.61% → 8.66% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $43.7M → $43M (-$699K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$633K |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$604K |
| 3 |
SA
Strategic Advisors
New York
|
+$465K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$269K |
| 5 |
LPL Financial
San Diego,
California
|
+$178K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$959K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$550K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$280K |
| 4 |
ISL
Ingalls & Snyder LLC
New York
|
-$242K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$183K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
26
Focused Wealth Management
Newburgh,
New York
| $40K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $35K | -$1.55K | -100 | -4% |
|
|
CHC
28
City Holding Co
Charleston,
West Virginia
| $32K | – | – | – |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $26K | – | – | – |
|
30
Citigroup
New York
| $24K | – | – | – |
|
31
SEI Investments
Oaks,
Pennsylvania
| $6K | +$6.54K | +422 | New |
|
|
KIM
32
Karpus Investment Management
Pittsford,
New York
| – | -$550K | -35,088 | Closed |
|
|
ISL
33
Ingalls & Snyder LLC
New York
| – | -$242K | -15,456 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$2K | -96 | Closed |
|
NAN Hedge Fund Activity: Q3 2016 in Review
30 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q3 2016, worth a combined $43M — down 1.6% from $43.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NAN positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $633K. The largest seller was Tortoise Investment Management, cutting an estimated $959K.
- 30 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q3 2016, up from 28 in Q2 2016.
- Funds reported $43M of Nuveen New York Quality Municipal Income Fund stock for Q3 2016, down 1.6% quarter-over-quarter.
- 5 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q3 2016 and 3 closed out, a net change of +2 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q3 2016 was Guggenheim Capital, an estimated $633K added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q3 2016 was Tortoise Investment Management, an estimated $959K sold.
Based on aggregated 13F filings for Q3 2016.