Nuveen New York Quality Municipal Income Fund
NAN
50 hedge funds and large institutions have $62.5M invested in Nuveen New York Quality Municipal Income Fund in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
4% more funds holding
Funds holding: 48 → 50 (+2)
3% more capital invested
Capital invested by funds: $60.7M → $62.5M (+$1.81M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.72% less ownership
Funds ownership: 14.81% → 14.09% (-0.72%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$394K |
| 2 |
Morgan Stanley
New York
|
+$290K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$191K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$142K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.91M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.2M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$563K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$476K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$153K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SW
51
SVB Wealth
Boston,
Massachusetts
| $7K | +$6.9K | +489 | New |
|
52
Fidelity Investments
Boston,
Massachusetts
| – | -$43K | -3,000 | Closed |
|
|
EW
53
Evoke Wealth
Los Angeles,
California
| – | -$3.18K | -222 | Closed |
|
|
FIA
54
FNY Investment Advisers
New York
| – | -$2K | -172 | Closed |
|
NAN Hedge Fund Activity: Q4 2019 in Review
50 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q4 2019, worth a combined $62.5M — up 3% from $60.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NAN positions and 3 closed out — a net gain of 2 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was UBS Group, adding an estimated $394K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.91M.
- 50 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q4 2019, up from 48 in Q3 2019.
- Funds reported $62.5M of Nuveen New York Quality Municipal Income Fund stock for Q4 2019, up 3% quarter-over-quarter.
- 5 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q4 2019 and 3 closed out, a net change of +2 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q4 2019 was UBS Group, an estimated $394K added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q4 2019 was Rivernorth Capital Management, an estimated $1.91M sold.
Based on aggregated 13F filings for Q4 2019.