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Nuveen New York Quality Municipal Income Fund

23 hedge funds and large institutions have $13.5M invested in Nuveen New York Quality Municipal Income Fund in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

21% more funds holding

Funds holding: 1923 (+4)

10% more capital invested

Capital invested by funds: $12.2M → $13.5M (+$1.27M)

1.27% more ownership

Funds ownership: 10.01%11.29% (+1.3%)

38% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 8

Holders
23
Holders Change
+4
Holders Change %
+21.05%
% of All Funds
0.67%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
5
Reduced
8
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TIM
1
Tortoise Investment Management
New York
$4.32M +$831K +65,755 +24%
GC
2
Guggenheim Capital
Illinois
$2.71M -$536K -42,466 -17%
HK
3
Horizon Kinetics
New York
$1.43M -$21.2K -1,680 -1%
Invesco
4
Invesco
Georgia
$865K -$33.8K -2,678 -4%
DA
5
Doliver Advisors
Texas
$792K +$384K +30,371 +95%
6CM
6
683 Capital Management
New York
$633K +$629K +49,805 New
Morgan Stanley
7
Morgan Stanley
New York
$361K -$392K -31,067 -52%
WAM
8
Wolverine Asset Management
Illinois
$335K +$296K +23,408 +779%
Lazard Asset Management
9
Lazard Asset Management
New York
$254K
U
10
UBS
Switzerland
$240K -$61.4K -4,862 -20%
Goldman Sachs
11
Goldman Sachs
New York
$207K -$2.63K -208 -1%
KIM
12
Karpus Investment Management
New York
$201K +$199K +15,793 New
AQR Capital Management
13
AQR Capital Management
Connecticut
$180K +$179K +14,168 New
Bank of America
14
Bank of America
North Carolina
$176K +$87.2K +6,900 +99%
MSL
15
Mackay Shields LLC
New York
$164K
FC
16
FIC Capital
New York
$156K
Wells Fargo
17
Wells Fargo
California
$153K -$22.9K -1,817 -13%
NL
18
NWAM LLC
Washington
$131K +$165K +13,025 New
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$77K -$36.7K -2,907 -33%
JIC
20
Joel Isaacson & Co
New York
$52K
AllianceBernstein
21
AllianceBernstein
Tennessee
$25K +$25.3K +2,000 New
AIG
22
American International Group
New York
$18.2K +$3.6K +285 +25%
TRCT
23
Tower Research Capital (TRC)
New York
$10K +$10.1K +800 New
TF
24
Tompkins Financial
New York
$7K
TC
25
TFS Capital
Pennsylvania
-$213K -16,521 Closed

NAN Hedge Fund Activity: Q4 2013 in Review

23 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q4 2013, worth a combined $13.5M — up 10% from $12.2M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new NAN positions and 2 closed out — a net gain of 4 holders — while 5 added to existing stakes and 8 trimmed.

The largest buyer was Tortoise Investment Management, adding an estimated $831K. The largest seller was Guggenheim Capital, cutting an estimated $536K.

  • 23 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q4 2013, up from 19 in Q3 2013.
  • Funds reported $13.5M of Nuveen New York Quality Municipal Income Fund stock for Q4 2013, up 10% quarter-over-quarter.
  • 6 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q4 2013 and 2 closed out, a net change of +4 holders.
  • The largest Nuveen New York Quality Municipal Income Fund buyer in Q4 2013 was Tortoise Investment Management, an estimated $831K added.
  • The largest Nuveen New York Quality Municipal Income Fund seller in Q4 2013 was Guggenheim Capital, an estimated $536K sold.

Based on aggregated 13F filings for Q4 2013.