Nuveen New York Quality Municipal Income Fund
NAN
51 hedge funds and large institutions have $50.3M invested in Nuveen New York Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
24% more funds holding
Funds holding: 41 → 51 (+10)
21% more capital invested
Capital invested by funds: $41.6M → $50.3M (+$8.73M)
2.31% more ownership
Funds ownership: 10.52% → 12.83% (+2.3%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.48M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$2.33M |
| 3 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$2.07M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.61M |
| 5 |
LCM
Laurion Capital Management
New York
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$2.88M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$834K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$498K |
| 4 |
Morgan Stanley
New York
|
-$188K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$183K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
51
Geneos Wealth Management
Englewood,
Colorado
| $3K | -$3.94K | -314 | -50% |
|
|
FIA
52
FNY Investment Advisers
New York
| $1K | +$1.13K | +90 | New |
|
|
PA
53
Pinnacle Associates
New York
| – | -$162K | -12,804 | Closed |
|
54
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$21K | -1,726 | Closed |
|
NAN Hedge Fund Activity: Q2 2018 in Review
51 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q2 2018, worth a combined $50.3M — up 21% from $41.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NAN positions and 2 closed out — a net gain of 10 holders — while 16 added to existing stakes and 11 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $3.48M. The largest seller was Tortoise Investment Management, cutting an estimated $2.88M.
- 51 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q2 2018, up from 41 in Q1 2018.
- Funds reported $50.3M of Nuveen New York Quality Municipal Income Fund stock for Q2 2018, up 21% quarter-over-quarter.
- 12 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q2 2018 and 2 closed out, a net change of +10 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q2 2018 was Karpus Investment Management, an estimated $3.48M added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q2 2018 was Tortoise Investment Management, an estimated $2.88M sold.
Based on aggregated 13F filings for Q2 2018.