Nuveen New York Quality Municipal Income Fund
NAN
42 hedge funds and large institutions have $66.9M invested in Nuveen New York Quality Municipal Income Fund in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 5 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
22% more capital invested
Capital invested by funds: $54.8M → $66.9M (+$12.1M)
5% more funds holding
Funds holding: 40 → 42 (+2)
0.54% more ownership
Funds ownership: 14.35% → 14.89% (+0.54%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$5.98M |
| 2 |
NCM
Next Capital Management
New York
|
+$475K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$392K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$270K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$3.1M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.9M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$460K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$332K |
| 5 |
OKSA
O'Keefe Stevens Advisory
Rochester,
New York
|
-$169K |
NAN Hedge Fund Activity: Q1 2019 in Review
42 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q1 2019, worth a combined $66.9M — up 22% from $54.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NAN positions and 5 closed out — a net gain of 3 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Claybrook Capital, opening a new position worth an estimated $5.98M. The largest seller was PenderFund Capital Management, exiting entirely with an estimated $3.1M sold.
- 42 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q1 2019, up from 40 in Q4 2018.
- Funds reported $66.9M of Nuveen New York Quality Municipal Income Fund stock for Q1 2019, up 22% quarter-over-quarter.
- 8 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q1 2019 and 5 closed out, a net change of +3 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q1 2019 was Claybrook Capital, an estimated $5.98M added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q1 2019 was PenderFund Capital Management, an estimated $3.1M sold.
Based on aggregated 13F filings for Q1 2019.