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Nuveen New York Quality Municipal Income Fund

50 hedge funds and large institutions have $78.8M invested in Nuveen New York Quality Municipal Income Fund in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 14

33% more capital invested

Capital invested by funds: $59.3M → $78.8M (+$19.5M)

3.26% more ownership

Funds ownership: 19.87%23.14% (+3.3%)

12% less funds holding

Funds holding: 5750 (-7)

55% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 11

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
50
Holders Change
-7
Holders Change %
-12.28%
% of All Funds
0.73%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
5
Increased
19
Reduced
14
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$12.2M +$3.88M +386,865 +54%
KIM
2
Karpus Investment Management
New York
$10.5M +$549K +54,746 +6%
HWAM
3
Hennion & Walsh Asset Management
New Jersey
$7.44M -$70.8K -7,067 -1%
LSC
4
Logan Stone Capital
Illinois
$6.74M +$1.72M +171,443 +39%
Bank of America
5
Bank of America
North Carolina
$6.3M +$148K +14,786 +3%
GC
6
Guggenheim Capital
Illinois
$5.56M -$281K -28,046 -5%
Lido Advisors
7
Lido Advisors
California
$5.37M +$4.87M +486,078 New
Morgan Stanley
8
Morgan Stanley
New York
$5.02M +$2.21M +220,701 +94%
AA
9
AQR Arbitrage
Connecticut
$2.79M +$297K +29,593 +13%
HighTower Advisors
10
HighTower Advisors
Illinois
$2.26M -$193K -19,272 -9%
Wells Fargo
11
Wells Fargo
California
$1.83M +$162K +16,136 +11%
RCM
12
Rivernorth Capital Management
Florida
$1.81M +$1.43M +143,155 +685%
TIM
13
Tortoise Investment Management
New York
$1.09M -$190K -19,003 -16%
RCM
14
Robinson Capital Management
Michigan
$978K +$226K +22,500 +34%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$784K -$74.8K -7,467 -10%
UBS Group
16
UBS Group
Switzerland
$722K +$161K +16,085 +33%
FPCP
17
Fort Point Capital Partners
California
$686K +$303K +30,258 +95%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$605K -$58.4K -5,826 -10%
LCM
19
Landscape Capital Management
New Jersey
$595K +$420K +41,924 +350%
NCM
20
Next Capital Management
New York
$439K
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$407K -$129K -12,914 -26%
RJA
22
Raymond James & Associates
Florida
$367K +$15.4K +1,537 +5%
FNWM
23
Financial Network Wealth Management
Utah
$350K +$318K +31,727 New
Citadel Advisors
24
Citadel Advisors
Florida
$320K +$291K +29,007 New
O3W
25
Omni 360 Wealth
New Jersey
$264K +$240K +23,914 New

NAN Hedge Fund Activity: Q4 2023 in Review

50 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Quality Municipal Income Fund (NAN) for Q4 2023, worth a combined $78.8M — up 33% from $59.3M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of NAN and 5 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 19 added.

The largest buyer was Lido Advisors, opening a new position worth an estimated $4.87M. The largest seller was Cohen & Steers, exiting entirely with an estimated $362K sold.

  • 50 institutional investors held Nuveen New York Quality Municipal Income Fund (NAN) as of Q4 2023, down from 57 in Q3 2023.
  • Funds reported $78.8M of Nuveen New York Quality Municipal Income Fund stock for Q4 2023, up 33% quarter-over-quarter.
  • 5 funds opened new Nuveen New York Quality Municipal Income Fund positions in Q4 2023 and 11 closed out, a net change of -6 holders.
  • The largest Nuveen New York Quality Municipal Income Fund buyer in Q4 2023 was Lido Advisors, an estimated $4.87M added.
  • The largest Nuveen New York Quality Municipal Income Fund seller in Q4 2023 was Cohen & Steers, an estimated $362K sold.

Based on aggregated 13F filings for Q4 2023.