Nuveen New York Municipal Value Fund
NNY
22 hedge funds and large institutions have $8.3M invested in Nuveen New York Municipal Value Fund in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 4 closing their positions.
0.5% less ownership
Funds ownership: 6.44% → 5.95% (-0.5%)
8% less funds holding
Funds holding: 24 → 22 (-2)
11% less capital invested
Capital invested by funds: $9.3M → $8.3M (-$995K)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$800K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$204K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$142K |
| 4 |
Morgan Stanley
New York
|
+$121K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$994K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$369K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$239K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$186K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$49K |
NNY Hedge Fund Activity: Q1 2018 in Review
22 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Municipal Value Fund (NNY) for Q1 2018, worth a combined $8.3M — down 11% from $9.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NNY and 2 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Tortoise Investment Management, opening a new position worth an estimated $800K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $994K sold.
- 22 institutional investors held Nuveen New York Municipal Value Fund (NNY) as of Q1 2018, down from 24 in Q4 2017.
- Funds reported $8.3M of Nuveen New York Municipal Value Fund stock for Q1 2018, down 11% quarter-over-quarter.
- 2 funds opened new Nuveen New York Municipal Value Fund positions in Q1 2018 and 4 closed out, a net change of -2 holders.
- The largest Nuveen New York Municipal Value Fund buyer in Q1 2018 was Tortoise Investment Management, an estimated $800K added.
- The largest Nuveen New York Municipal Value Fund seller in Q1 2018 was Laurion Capital Management, an estimated $994K sold.
Based on aggregated 13F filings for Q1 2018.