Nuveen New York Quality Municipal Income Fund
NAN
40 hedge funds and large institutions have $54.8M invested in Nuveen New York Quality Municipal Income Fund in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 12 closing their positions.
0.34% less ownership
Funds ownership: 14.68% → 14.35% (-0.34%)
3% less capital invested
Capital invested by funds: $56.3M → $54.8M (-$1.56M)
18% less funds holding
Funds holding: 49 → 40 (-9)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.37M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.9M |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$1.5M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.27M |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$567K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
-$5.7M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.8M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.43M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$903K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$486K |
NAN Hedge Fund Activity: Q4 2018 in Review
40 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q4 2018, worth a combined $54.8M — down 2.8% from $56.3M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NAN and 3 opened new positions — a net loss of 9 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Karpus Investment Management, adding an estimated $4.37M. The largest seller was Claybrook Capital, exiting entirely with an estimated $5.7M sold.
- 40 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q4 2018, down from 49 in Q3 2018.
- Funds reported $54.8M of Nuveen New York Quality Municipal Income Fund stock for Q4 2018, down 2.8% quarter-over-quarter.
- 3 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q4 2018 and 12 closed out, a net change of -9 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q4 2018 was Karpus Investment Management, an estimated $4.37M added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q4 2018 was Claybrook Capital, an estimated $5.7M sold.
Based on aggregated 13F filings for Q4 2018.