Nuveen New York Quality Municipal Income Fund
NAN
52 hedge funds and large institutions have $58.6M invested in Nuveen New York Quality Municipal Income Fund in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 6 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
11% more capital invested
Capital invested by funds: $53M → $58.6M (+$5.62M)
2% more funds holding
Funds holding: 51 → 52 (+1)
1.29% more ownership
Funds ownership: 16.04% → 17.34% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.64M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.21M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$862K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$704K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$370K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$278K |
| 3 |
V
Veritable
Wilmington,
Delaware
|
-$203K |
| 4 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
-$160K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$158K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
51
FNY Investment Advisers
New York
| $5K | +$5.48K | +500 | New |
|
|
AF
52
Allworth Financial
Folsom,
California
| $4.97K | – | – | – |
|
53
Commonwealth Equity Services
Waltham,
Massachusetts
| $471 | +$36.3K | +3,316 | +8% |
|
|
RCM
54
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$278K | -25,827 | Closed |
|
|
V
55
Veritable
Wilmington,
Delaware
| – | -$203K | -19,000 | Closed |
|
|
IWA
56
IBEX Wealth Advisors
Bedminster,
New Jersey
| – | -$160K | -14,908 | Closed |
|
|
LCM
57
Landscape Capital Management
Englewood,
New Jersey
| – | -$158K | -14,735 | Closed |
|
|
KAS
58
Kestra Advisory Services
Austin,
Texas
| – | -$156K | -14,606 | Closed |
|
|
USCWA
59
U.S. Capital Wealth Advisors
Austin,
Texas
| – | -$4.55K | -425 | Closed |
|
NAN Hedge Fund Activity: Q1 2023 in Review
52 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q1 2023, worth a combined $58.6M — up 11% from $53M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NAN positions and 6 closed out — a net gain of 1 holder — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.64M. The largest seller was Bank of America, cutting an estimated $370K.
- 52 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q1 2023, up from 51 in Q4 2022.
- Funds reported $58.6M of Nuveen New York Quality Municipal Income Fund stock for Q1 2023, up 11% quarter-over-quarter.
- 7 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q1 2023 and 6 closed out, a net change of +1 holder.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q1 2023 was Karpus Investment Management, an estimated $1.64M added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q1 2023 was Bank of America, an estimated $370K sold.
Based on aggregated 13F filings for Q1 2023.