Nuveen New York Quality Municipal Income Fund
NAN
51 hedge funds and large institutions have $53M invested in Nuveen New York Quality Municipal Income Fund in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 11 closing their positions.
12% more capital invested
Capital invested by funds: $47.2M → $53M (+$5.81M)
1.45% more ownership
Funds ownership: 14.6% → 16.04% (+1.4%)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 55 → 51 (-4)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.23M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.21M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.81M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.36M |
| 5 |
Morgan Stanley
New York
|
+$531K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.45M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.16M |
| 3 |
V
Veritable
Wilmington,
Delaware
|
-$792K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$750K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$637K |
NAN Hedge Fund Activity: Q4 2022 in Review
51 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q4 2022, worth a combined $53M — up 12% from $47.2M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NAN and 8 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 14 added.
The largest buyer was Karpus Investment Management, adding an estimated $6.23M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.45M sold.
- 51 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q4 2022, down from 55 in Q3 2022.
- Funds reported $53M of Nuveen New York Quality Municipal Income Fund stock for Q4 2022, up 12% quarter-over-quarter.
- 8 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q4 2022 and 11 closed out, a net change of -3 holders.
- The largest Nuveen New York Quality Municipal Income Fund buyer in Q4 2022 was Karpus Investment Management, an estimated $6.23M added.
- The largest Nuveen New York Quality Municipal Income Fund seller in Q4 2022 was Rivernorth Capital Management, an estimated $3.45M sold.
Based on aggregated 13F filings for Q4 2022.