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Nuveen New York AMT-Free Quality Municipal Income Fund

59 hedge funds and large institutions have $61.5M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more capital invested

Capital invested by funds: $56M → $61.5M (+$5.45M)

0.48% more ownership

Funds ownership: 5.25%5.73% (+0.48%)

5% less funds holding

Funds holding: 6259 (-3)

23% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 13

35% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 17

Holders
59
Holders Change
-3
Holders Change %
-4.84%
% of All Funds
1.71%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
11
Reduced
17
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PA
26
Pinnacle Associates
New York
$254K
Lazard Asset Management
27
Lazard Asset Management
New York
$245K
Janney Montgomery Scott
28
Janney Montgomery Scott
Pennsylvania
$237K +$85.8K +7,134 +59%
MSL
29
Mackay Shields LLC
New York
$209K
CAN
30
Cetera Advisor Networks
California
$206K
WAM
31
Wolverine Asset Management
Illinois
$176K -$91.4K -7,603 -35%
Cambridge Investment Research Advisors
32
Cambridge Investment Research Advisors
Iowa
$163K -$26.8K -2,228 -14%
Bank of New York Mellon
33
Bank of New York Mellon
New York
$157K -$20.8K -1,733 -12%
DAC
34
Dividend Assets Capital
South Carolina
$154K
IF
35
IRON Financial
Illinois
$153K +$150K +12,498 New
BA
36
Bridgewater Advisors
New York
$146K +$143K +11,928 New
DD
37
Dominick & Dominick
New York
$131K
HCA
38
Harbour Capital Advisors
Virginia
$127K
TFCP
39
Twin Focus Capital Partners
Massachusetts
$126K
MFS
40
MSI Financial Services
Massachusetts
$87K
TRCT
41
Tower Research Capital (TRC)
New York
$34K +$29.5K +2,453 +826%
AllianceBernstein
42
AllianceBernstein
Tennessee
$26K +$25.4K +2,111 New
HR
43
Howe & Rusling
New York
$25K
JIC
44
Joel Isaacson & Co
New York
$25K +$24.1K +2,000 New
AIG
45
American International Group
New York
$24K
Fifth Third Bancorp
46
Fifth Third Bancorp
Ohio
$22K
WT
47
Whittier Trust
California
$22K
TF
48
Tompkins Financial
New York
$19K
Creative Planning
49
Creative Planning
Kansas
$19K +$14K +1,168 +291%
Ameriprise
50
Ameriprise
Minnesota
$17K +$16.8K +1,399 New

NRK Hedge Fund Activity: Q4 2013 in Review

59 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q4 2013, worth a combined $61.5M — up 9.7% from $56M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of NRK and 10 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 11 added.

The largest buyer was 683 Capital Management, opening a new position worth an estimated $16.5M. The largest seller was Guggenheim Capital, cutting an estimated $3.98M.

  • 59 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q4 2013, down from 62 in Q3 2013.
  • Funds reported $61.5M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q4 2013, up 9.7% quarter-over-quarter.
  • 10 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q4 2013 and 13 closed out, a net change of -3 holders.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q4 2013 was 683 Capital Management, an estimated $16.5M added.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q4 2013 was Guggenheim Capital, an estimated $3.98M sold.

Based on aggregated 13F filings for Q4 2013.