Nuveen New York Quality Municipal Income Fund
NAN
31 hedge funds and large institutions have $47M invested in Nuveen New York Quality Municipal Income Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
2.11% less ownership
Funds ownership: 12.01% → 9.9% (-2.1%)
3% less funds holding
Funds holding: 32 → 31 (-1)
14% less capital invested
Capital invested by funds: $54.8M → $47M (-$7.83M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$401K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$260K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$235K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$188K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
-$3.79M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$2.82M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.54M |
| 4 |
Morgan Stanley
New York
|
-$365K |
| 5 |
LCM
Laurion Capital Management
New York
|
-$348K |
NAN Hedge Fund Activity: Q1 2016 in Review
31 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q1 2016, worth a combined $47M — down 14% from $54.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NAN and 4 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 8 added.
The largest buyer was MSI Financial Services, adding an estimated $401K. The largest seller was 683 Capital Management, exiting entirely with an estimated $3.79M sold.
- 31 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q1 2016, down from 32 in Q4 2015.
- Funds reported $47M of Nuveen New York Quality Municipal Income Fund stock for Q1 2016, down 14% quarter-over-quarter.
- 4 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q1 2016 and 5 closed out, a net change of -1 holder.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q1 2016 was MSI Financial Services, an estimated $401K added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q1 2016 was 683 Capital Management, an estimated $3.79M sold.
Based on aggregated 13F filings for Q1 2016.