Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
60 hedge funds and large institutions have $66M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
7% more capital invested
Capital invested by funds: $61.5M → $66M (+$4.49M)
2% more funds holding
Funds holding: 59 → 60 (+1)
0.11% more ownership
Funds ownership: 5.73% → 5.85% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.47M |
| 2 |
SA
Strategic Advisors
New York
|
+$1.33M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.09M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$271K |
| 5 |
AW
ACG Wealth
Atlanta,
Georgia
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$771K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$673K |
| 3 |
CC
Courier Capital
Buffalo,
New York
|
-$343K |
| 4 |
UAS
United Asset Strategies
Garden City,
New York
|
-$331K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$308K |
NRK Hedge Fund Activity: Q1 2014 in Review
60 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q1 2014, worth a combined $66M — up 7.3% from $61.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NRK positions and 6 closed out — a net gain of 1 holder — while 11 added to existing stakes and 17 trimmed.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $1.47M. The largest seller was SG Americas Securities, exiting entirely with an estimated $771K sold.
- 60 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q1 2014, up from 59 in Q4 2013.
- Funds reported $66M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q1 2014, up 7.3% quarter-over-quarter.
- 7 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q1 2014 and 6 closed out, a net change of +1 holder.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q1 2014 was Cohen & Steers, an estimated $1.47M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q1 2014 was SG Americas Securities, an estimated $771K sold.
Based on aggregated 13F filings for Q1 2014.