Nuveen New York Quality Municipal Income Fund
NAN
37 hedge funds and large institutions have $40.7M invested in Nuveen New York Quality Municipal Income Fund in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
23% more funds holding
Funds holding: 30 → 37 (+7)
0.73% more ownership
Funds ownership: 8.66% → 9.4% (+0.73%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $43M → $40.7M (-$2.23M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.23M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$851K |
| 3 |
Morgan Stanley
New York
|
+$718K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$500K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$499K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$1.29M |
| 2 |
SA
Strategic Advisors
New York
|
-$1.01M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$831K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$266K |
| 5 |
LPL Financial
San Diego,
California
|
-$159K |
NAN Hedge Fund Activity: Q4 2016 in Review
37 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q4 2016, worth a combined $40.7M — down 5.2% from $43M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NAN positions and 3 closed out — a net gain of 7 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.23M. The largest seller was Tortoise Investment Management, cutting an estimated $1.29M.
- 37 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q4 2016, up from 30 in Q3 2016.
- Funds reported $40.7M of Nuveen New York Quality Municipal Income Fund stock for Q4 2016, down 5.2% quarter-over-quarter.
- 10 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q4 2016 and 3 closed out, a net change of +7 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $1.23M added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q4 2016 was Tortoise Investment Management, an estimated $1.29M sold.
Based on aggregated 13F filings for Q4 2016.