Nuveen New York Quality Municipal Income Fund
NAN
51 hedge funds and large institutions have $53M invested in Nuveen New York Quality Municipal Income Fund in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 11 closing their positions.
13% more capital invested
Capital invested by funds: $47M → $53M (+$5.98M)
1.45% more ownership
Funds ownership: 14.6% → 16.04% (+1.4%)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 55 → 51 (-4)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.23M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.21M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.81M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.36M |
| 5 |
Morgan Stanley
New York
|
+$531K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.45M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.16M |
| 3 |
V
Veritable
Wilmington,
Delaware
|
-$792K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$750K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$637K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
51
Allworth Financial
Folsom,
California
| $4.82K | – | – | – |
|
|
USCWA
52
U.S. Capital Wealth Advisors
Austin,
Texas
| $4.55K | +$4.41K | +425 | New |
|
|
RCM
53
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$3.45M | -329,189 | Closed |
|
|
54
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$2.16M | -207,215 | Closed |
|
|
ICM
55
Ionic Capital Management
New York
| – | -$310K | -29,641 | Closed |
|
|
AC
56
Avestar Capital
New York
| – | -$189K | -18,004 | Closed |
|
57
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$174 | -14,917 | Closed |
|
|
GWSG
58
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$70K | -6,675 | Closed |
|
59
Citigroup
New York
| – | -$19K | -1,848 | Closed |
|
|
FWM
60
Focused Wealth Management
Newburgh,
New York
| – | -$16K | -1,507 | Closed |
|
|
UB
61
UMB Bank
Kansas City,
Missouri
| – | -$11K | -1,074 | Closed |
|
|
FIA
62
FNY Investment Advisers
New York
| – | -$6K | -600 | Closed |
|
63
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -237 | Closed |
|
NAN Hedge Fund Activity: Q4 2022 in Review
51 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q4 2022, worth a combined $53M — up 13% from $47M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NAN and 8 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 14 added.
The largest buyer was Karpus Investment Management, adding an estimated $6.23M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.45M sold.
- 51 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q4 2022, down from 55 in Q3 2022.
- Funds reported $53M of Nuveen New York Quality Municipal Income Fund stock for Q4 2022, up 13% quarter-over-quarter.
- 8 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q4 2022 and 11 closed out, a net change of -3 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q4 2022 was Karpus Investment Management, an estimated $6.23M added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q4 2022 was Rivernorth Capital Management, an estimated $3.45M sold.
Based on aggregated 13F filings for Q4 2022.