Nuveen New York Quality Municipal Income Fund
NAN
29 hedge funds and large institutions have $34.4M invested in Nuveen New York Quality Municipal Income Fund in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 6 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.14% less ownership
Funds ownership: 8.96% → 7.81% (-1.1%)
9% less capital invested
Capital invested by funds: $37.8M → $34.4M (-$3.41M)
12% less funds holding
Funds holding: 33 → 29 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$291K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$221K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$160K |
| 4 |
Morgan Stanley
New York
|
+$126K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$1.56M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.28M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$676K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$657K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$622K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
26
Focused Wealth Management
Newburgh,
New York
| $37K | – | – | – |
|
|
CHC
27
City Holding Co
Charleston,
West Virginia
| $29K | – | – | – |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $24K | – | – | – |
|
|
SPIA
29
Steward Partners Investment Advisory
New York
| $7K | +$28 | +2 | +0.4% |
|
30
SEI Investments
Oaks,
Pennsylvania
| $6K | – | – | – |
|
|
LCM
31
Laurion Capital Management
New York
| – | -$676K | -49,856 | Closed |
|
|
LCM
32
Landscape Capital Management
Englewood,
New Jersey
| – | -$657K | -48,781 | Closed |
|
|
33
Fidelity Investments
Boston,
Massachusetts
| – | -$622K | -46,000 | Closed |
|
34
LPL Financial
San Diego,
California
| – | -$182K | -13,397 | Closed |
|
|
CRC
35
Curi RMB Capital
Chicago,
Illinois
| – | -$153K | -11,292 | Closed |
|
|
WAM
36
Wolverine Asset Management
Chicago,
Illinois
| – | -$20K | -1,531 | Closed |
|
NAN Hedge Fund Activity: Q2 2017 in Review
29 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q2 2017, worth a combined $34.4M — down 9% from $37.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NAN and 2 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Bank of America, adding an estimated $291K. The largest seller was Tortoise Investment Management, cutting an estimated $1.56M.
- 29 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q2 2017, down from 33 in Q1 2017.
- Funds reported $34.4M of Nuveen New York Quality Municipal Income Fund stock for Q2 2017, down 9% quarter-over-quarter.
- 2 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q2 2017 and 6 closed out, a net change of -4 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q2 2017 was Bank of America, an estimated $291K added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q2 2017 was Tortoise Investment Management, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2017.