Nuveen New York Quality Municipal Income Fund
NAN
50 hedge funds and large institutions have $78.8M invested in Nuveen New York Quality Municipal Income Fund in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 11 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
33% more capital invested
Capital invested by funds: $59.3M → $78.8M (+$19.5M)
3.26% more ownership
Funds ownership: 19.87% → 23.14% (+3.3%)
12% less funds holding
Funds holding: 57 → 50 (-7)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
+$4.87M |
| 2 |
SCM
Saba Capital Management
New York
|
+$3.88M |
| 3 |
Morgan Stanley
New York
|
+$2.21M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.72M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$362K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$281K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$193K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$190K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$145K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
51
Allworth Financial
Folsom,
California
| $4.97K | – | – | – |
|
|
52
Cohen & Steers
New York
| – | -$362K | -37,396 | Closed |
|
53
LPL Financial
San Diego,
California
| – | -$120K | -12,391 | Closed |
|
|
TCA
54
Transcend Capital Advisors
Madison,
New Jersey
| – | -$116K | -12,000 | Closed |
|
55
Stifel Financial
St. Louis,
Missouri
| – | -$115K | -11,867 | Closed |
|
|
OWA
56
Opal Wealth Advisors
Jericho,
New York
| – | -$107K | -11,033 | Closed |
|
|
PA
57
Pinnacle Associates
New York
| – | -$103K | -10,602 | Closed |
|
|
SA
58
Strategic Advisors
New York
| – | -$98.7K | -10,205 | Closed |
|
|
NA
59
Nottingham Advisors
Amherst,
New York
| – | -$96.7K | -10,000 | Closed |
|
|
WAM
60
Wolverine Asset Management
Chicago,
Illinois
| – | -$73.8K | -7,632 | Closed |
|
|
WTA
61
Washington Trust Advisors
Wellesley,
Massachusetts
| – | -$9.46K | -978 | Closed |
|
|
FIA
62
FNY Investment Advisers
New York
| – | -$4K | -500 | Closed |
|
NAN Hedge Fund Activity: Q4 2023 in Review
50 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q4 2023, worth a combined $78.8M — up 33% from $59.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NAN and 5 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 19 added.
The largest buyer was Lido Advisors, opening a new position worth an estimated $4.87M. The largest seller was Cohen & Steers, exiting entirely with an estimated $362K sold.
- 50 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q4 2023, down from 57 in Q3 2023.
- Funds reported $78.8M of Nuveen New York Quality Municipal Income Fund stock for Q4 2023, up 33% quarter-over-quarter.
- 5 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q4 2023 and 11 closed out, a net change of -6 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q4 2023 was Lido Advisors, an estimated $4.87M added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q4 2023 was Cohen & Steers, an estimated $362K sold.
Based on aggregated 13F filings for Q4 2023.