Nuveen New York Quality Municipal Income Fund
NAN
23 hedge funds and large institutions have $15.9M invested in Nuveen New York Quality Municipal Income Fund in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
10% more capital invested
Capital invested by funds: $14.4M → $15.9M (+$1.45M)
0.78% more ownership
Funds ownership: 11.24% → 12.03% (+0.78%)
4% less funds holding
Funds holding: 24 → 23 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$449K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$414K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$324K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$200K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$133K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$265K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$243K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$140K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$118K |
| 5 |
HK
Horizon Kinetics
New York
|
-$47.4K |
NAN Hedge Fund Activity: Q2 2014 in Review
23 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q2 2014, worth a combined $15.9M — up 10% from $14.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NAN and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 9 added.
The largest buyer was Tortoise Investment Management, adding an estimated $449K. The largest seller was Guggenheim Capital, cutting an estimated $265K.
- 23 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q2 2014, down from 24 in Q1 2014.
- Funds reported $15.9M of Nuveen New York Quality Municipal Income Fund stock for Q2 2014, up 10% quarter-over-quarter.
- 2 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q2 2014 and 3 closed out, a net change of -1 holder.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q2 2014 was Tortoise Investment Management, an estimated $449K added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q2 2014 was Guggenheim Capital, an estimated $265K sold.
Based on aggregated 13F filings for Q2 2014.