Nuveen New York Quality Municipal Income Fund
NAN
31 hedge funds and large institutions have $32.9M invested in Nuveen New York Quality Municipal Income Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
7% more funds holding
Funds holding: 29 → 31 (+2)
0.33% less ownership
Funds ownership: 7.81% → 7.48% (-0.33%)
4% less capital invested
Capital invested by funds: $34.4M → $32.9M (-$1.54M)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.24M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$389K |
| 3 |
LCM
Laurion Capital Management
New York
|
+$320K |
| 4 |
SG Americas Securities
New York
|
+$197K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.21M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$980K |
| 3 |
Morgan Stanley
New York
|
-$936K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$270K |
| 5 |
HK
Horizon Kinetics
New York
|
-$261K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $43K | – | – | – |
|
|
PSC
27
Prentiss Smith & Co
Brattleboro,
Vermont
| $39K | +$39.4K | +2,757 | New |
|
|
FWM
28
Focused Wealth Management
Newburgh,
New York
| $29K | -$7.88K | -551 | -21% |
|
|
CHC
29
City Holding Co
Charleston,
West Virginia
| $29K | – | – | – |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $24K | – | – | – |
|
|
SPIA
31
Steward Partners Investment Advisory
New York
| $7K | – | – | – |
|
32
SEI Investments
Oaks,
Pennsylvania
| $6K | – | – | – |
|
|
33
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$980K | -69,329 | Closed |
|
34
Creative Planning
Overland Park,
Kansas
| – | -$40K | -2,862 | Closed |
|
NAN Hedge Fund Activity: Q3 2017 in Review
31 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q3 2017, worth a combined $32.9M — down 4.5% from $34.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NAN positions and 2 closed out — a net gain of 2 holders — while 8 added to existing stakes and 9 trimmed.
The largest buyer was UBS Group, adding an estimated $1.24M. The largest seller was Bank of America, cutting an estimated $1.21M.
- 31 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q3 2017, up from 29 in Q2 2017.
- Funds reported $32.9M of Nuveen New York Quality Municipal Income Fund stock for Q3 2017, down 4.5% quarter-over-quarter.
- 4 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q3 2017 and 2 closed out, a net change of +2 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q3 2017 was UBS Group, an estimated $1.24M added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q3 2017 was Bank of America, an estimated $1.21M sold.
Based on aggregated 13F filings for Q3 2017.