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Nuveen New York AMT-Free Quality Municipal Income Fund

62 hedge funds and large institutions have $73.5M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 9

5% more funds holding

Funds holding: 5962 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.27% less ownership

Funds ownership: 6.74%6.47% (-0.27%)

3% less capital invested

Capital invested by funds: $76.2M → $73.5M (-$2.65M)

7% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 15

Holders
62
Holders Change
+3
Holders Change %
+5.08%
% of All Funds
1.65%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
13
Increased
14
Reduced
15
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PRCM
26
Pine River Capital Management
Minnesota
$458K +$461K +35,565 New
OFG
27
OTA Financial Group
New York
$415K +$417K +32,174 New
Commonwealth Equity Services
28
Commonwealth Equity Services
Massachusetts
$399K +$26.7K +2,061 +7%
RJA
29
Raymond James & Associates
Florida
$338K
FA
30
FCG Advisors
New Jersey
$329K +$331K +25,541 New
NRS
31
Neville Rodie & Shaw
New York
$286K
PA
32
Pinnacle Associates
New York
$267K
SLA
33
Silver Lake Advisory
Utah
$265K +$3.73K +288 +1%
CS
34
Credit Suisse
Switzerland
$258K
AW
35
ACG Wealth
Georgia
$258K +$259K +20,000 New
KWMG
36
King Wealth Management Group
Florida
$251K +$252K +19,459 New
Cambridge Investment Research Advisors
37
Cambridge Investment Research Advisors
Iowa
$227K -$5.92M -456,443 -96%
HK
38
Horizon Kinetics
New York
$222K -$383K -29,577 -63%
MSL
39
Mackay Shields LLC
New York
$220K
CAN
40
Cetera Advisor Networks
California
$209K +$739 +57 +0.4%
Janney Montgomery Scott
41
Janney Montgomery Scott
Pennsylvania
$192K +$156 +12 +0.1%
EFS
42
Essex Financial Services
Connecticut
$169K
DAC
43
Dividend Assets Capital
South Carolina
$162K
KFA
44
Kelleher Financial Advisors
New York
$139K +$9.98K +770 +8%
OC
45
Oppenheimer & Co
New York
$137K +$138K +10,637 New
Bank of New York Mellon
46
Bank of New York Mellon
New York
$133K -$34.7K -2,676 -21%
TFCP
47
Twin Focus Capital Partners
Massachusetts
$132K
MFS
48
MSI Financial Services
Massachusetts
$123K +$1.5K +116 +1%
WAM
49
Wolverine Asset Management
Illinois
$117K -$47.2K -3,637 -29%
LTFS
50
Ladenburg Thalmann Financial Services
Florida
$99K +$92.1K +7,100 +1,373%

NRK Hedge Fund Activity: Q4 2014 in Review

62 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q4 2014, worth a combined $73.5M — down 3.5% from $76.2M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new NRK positions and 9 closed out — a net gain of 4 holders — while 14 added to existing stakes and 15 trimmed.

The largest buyer was Naples Global Advisors, opening a new position worth an estimated $1.32M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $5.92M.

  • 62 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q4 2014, up from 59 in Q3 2014.
  • Funds reported $73.5M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q4 2014, down 3.5% quarter-over-quarter.
  • 13 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q4 2014 and 9 closed out, a net change of +4 holders.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q4 2014 was Naples Global Advisors, an estimated $1.32M added.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q4 2014 was Cambridge Investment Research Advisors, an estimated $5.92M sold.

Based on aggregated 13F filings for Q4 2014.