Nuveen New York Quality Municipal Income Fund
NAN
53 hedge funds and large institutions have $60M invested in Nuveen New York Quality Municipal Income Fund in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
10% more funds holding
Funds holding: 48 → 53 (+5)
1% more capital invested
Capital invested by funds: $59.2M → $60M (+$852K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.28% less ownership
Funds ownership: 14.02% → 13.74% (-0.28%)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$287K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$152K |
| 3 |
STA
Summit Trail Advisors
New York
|
+$146K |
| 4 |
SMH
Sanders Morris Harris
Houston,
Texas
|
+$146K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Strategic Advisors
New York
|
-$858K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$366K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$252K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$212K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$208K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
51
Washington Trust
Westerly,
Rhode Island
| $14K | – | – | – |
|
|
IAIM
52
International Assets Investment Management
Orlando,
Florida
| $8K | +$7.88K | +573 | New |
|
53
Rockefeller Capital Management
New York
| $4K | – | – | – |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| $1K | +$1.21K | +88 | New |
|
|
SA
55
Strategic Advisors
New York
| – | -$858K | -63,864 | Closed |
|
|
56
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$208K | -15,252 | Closed |
|
|
FHA
57
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$9K | -721 | Closed |
|
NAN Hedge Fund Activity: Q4 2020 in Review
53 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q4 2020, worth a combined $60M — up 1.4% from $59.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NAN positions and 3 closed out — a net gain of 5 holders — while 11 added to existing stakes and 14 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $287K. The largest seller was Strategic Advisors, exiting entirely with an estimated $858K sold.
- 53 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q4 2020, up from 48 in Q3 2020.
- Funds reported $60M of Nuveen New York Quality Municipal Income Fund stock for Q4 2020, up 1.4% quarter-over-quarter.
- 8 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q4 2020 and 3 closed out, a net change of +5 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q4 2020 was Millennium Management, an estimated $287K added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q4 2020 was Strategic Advisors, an estimated $858K sold.
Based on aggregated 13F filings for Q4 2020.