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Nuveen New York Quality Municipal Income Fund

30 hedge funds and large institutions have $43M invested in Nuveen New York Quality Municipal Income Fund in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

11% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 9

7% more funds holding

Funds holding: 2830 (+2)

0.06% more ownership

Funds ownership: 8.61%8.66% (+0.06%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less capital invested

Capital invested by funds: $43.7M → $43M (-$699K)

Holders
30
Holders Change
+2
Holders Change %
+7.14%
% of All Funds
0.8%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
5
Increased
10
Reduced
9
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TIM
1
Tortoise Investment Management
New York
$13.3M -$959K -61,836 -7%
GC
2
Guggenheim Capital
Illinois
$9.26M +$633K +40,834 +7%
Bank of America
3
Bank of America
North Carolina
$5.41M -$64.5K -4,159 -1%
Invesco
4
Invesco
Georgia
$2.36M -$280K -18,057 -11%
UBS Group
5
UBS Group
Switzerland
$1.75M +$10.2K +658 +0.6%
Lazard Asset Management
6
Lazard Asset Management
New York
$1.65M
Wells Fargo
7
Wells Fargo
California
$1.2M -$152K -9,782 -11%
Morgan Stanley
8
Morgan Stanley
New York
$1.15M +$21.1K +1,362 +2%
HK
9
Horizon Kinetics
New York
$1.09M -$7.75K -500 -0.7%
SA
10
Strategic Advisors
New York
$1.01M +$465K +29,954 +83%
MFS
11
MSI Financial Services
Massachusetts
$860K -$183K -11,831 -17%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$719K +$117K +7,542 +19%
Fiera Capital (Canada)
13
Fiera Capital (Canada)
Quebec, Canada
$597K +$604K +38,923 New
LPL Financial
14
LPL Financial
California
$375K +$178K +11,451 +84%
CAN
15
Cetera Advisor Networks
California
$309K +$156K +10,086 +100%
DA
16
Doliver Advisors
Texas
$266K +$269K +17,322 New
RJA
17
Raymond James & Associates
Florida
$245K -$7.04K -454 -3%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$223K +$20.2K +1,304 +10%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$198K -$54.2K -3,495 -21%
FC
20
FIC Capital
New York
$188K
HighTower Advisors
21
HighTower Advisors
Illinois
$184K +$9.71K +626 +6%
PAG
22
Private Advisor Group
New Jersey
$155K +$161K +10,352 New
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$99K
WEC
24
Winslow Evans & Crocker
Massachusetts
$87.5K +$88.5K +5,708 New
Creative Planning
25
Creative Planning
Kansas
$79K +$24K +1,545 +43%

NAN Hedge Fund Activity: Q3 2016 in Review

30 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q3 2016, worth a combined $43M — down 1.6% from $43.7M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new NAN positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 9 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $633K. The largest seller was Tortoise Investment Management, cutting an estimated $959K.

  • 30 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q3 2016, up from 28 in Q2 2016.
  • Funds reported $43M of Nuveen New York Quality Municipal Income Fund stock for Q3 2016, down 1.6% quarter-over-quarter.
  • 5 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q3 2016 and 3 closed out, a net change of +2 holders.
  • The largest Nuveen New York Quality Municipal Income Fund buyer in Q3 2016 was Guggenheim Capital, an estimated $633K added.
  • The largest Nuveen New York Quality Municipal Income Fund seller in Q3 2016 was Tortoise Investment Management, an estimated $959K sold.

Based on aggregated 13F filings for Q3 2016.