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Nuveen New York Quality Municipal Income Fund

52 hedge funds and large institutions have $61.4M invested in Nuveen New York Quality Municipal Income Fund in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

4% more funds holding

Funds holding: 5052 (+2)

7% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 15

0.93% more ownership

Funds ownership: 14.09%15.02% (+0.93%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less capital invested

Capital invested by funds: $62.5M → $61.4M (-$1.09M)

Holders
52
Holders Change
+2
Holders Change %
+4%
% of All Funds
1.15%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
16
Reduced
15
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$11.5M -$417K -29,890 -3%
CC
2
Claybrook Capital
Massachusetts
$6.08M
Bank of America
3
Bank of America
North Carolina
$5.82M +$907K +65,091 +17%
TIM
4
Tortoise Investment Management
New York
$5.01M -$374K -26,855 -7%
GC
5
Guggenheim Capital
Illinois
$4.13M -$294K -21,081 -6%
RCM
6
Rivernorth Capital Management
Florida
$4.12M +$1.23M +88,096 +39%
Fiera Capital (Canada)
7
Fiera Capital (Canada)
Quebec, Canada
$3.23M +$141K +10,149 +4%
HighTower Advisors
8
HighTower Advisors
Illinois
$2.8M +$10.2K +733 +0.3%
Morgan Stanley
9
Morgan Stanley
New York
$2.06M -$54.6K -3,918 -2%
UBS Group
10
UBS Group
Switzerland
$1.94M -$4.45K -319 -0.2%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$1.45M -$502 -36 -0%
Wells Fargo
12
Wells Fargo
California
$1.22M +$270K +19,406 +26%
Invesco
13
Invesco
Georgia
$1.21M -$77K -5,523 -6%
SA
14
Strategic Advisors
New York
$1M -$289K -20,731 -21%
CRC
15
Curi RMB Capital
Illinois
$925K +$982K +70,431 New
HKAM
16
Horizon Kinetics Asset Management
New York
$657K +$1.52K +109 +0.2%
NCM
17
Next Capital Management
New York
$657K +$78.2K +5,609 +13%
Cohen & Steers
18
Cohen & Steers
New York
$649K +$503K +36,099 +271%
AWS
19
AJ Wealth Strategies
New York
$609K +$646K +46,377 New
DWM
20
Dakota Wealth Management
Florida
$607K -$113K -8,125 -15%
CAN
21
Cetera Advisor Networks
California
$549K
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$448K +$105K +7,562 +28%
MML Investors Services
23
MML Investors Services
Massachusetts
$429K -$49.7K -3,568 -10%
Goldman Sachs
24
Goldman Sachs
New York
$427K +$453K +32,535 New
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$308K

NAN Hedge Fund Activity: Q1 2020 in Review

52 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q1 2020, worth a combined $61.4M — down 1.8% from $62.5M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new NAN positions and 4 closed out — a net gain of 4 holders — while 16 added to existing stakes and 15 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $1.23M. The largest seller was Karpus Investment Management, cutting an estimated $417K.

  • 52 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q1 2020, up from 50 in Q4 2019.
  • Funds reported $61.4M of Nuveen New York Quality Municipal Income Fund stock for Q1 2020, down 1.8% quarter-over-quarter.
  • 8 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q1 2020 and 4 closed out, a net change of +4 holders.
  • The largest Nuveen New York Quality Municipal Income Fund buyer in Q1 2020 was Rivernorth Capital Management, an estimated $1.23M added.
  • The largest Nuveen New York Quality Municipal Income Fund seller in Q1 2020 was Karpus Investment Management, an estimated $417K sold.

Based on aggregated 13F filings for Q1 2020.