Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
70 hedge funds and large institutions have $98.8M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2015 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 8 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
175% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 8
20% more capital invested
Capital invested by funds: $82.4M → $98.8M (+$16.4M)
15% more funds holding
Funds holding: 61 → 70 (+9)
1.13% more ownership
Funds ownership: 7.41% → 8.54% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.21M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$4.47M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.3M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$897K |
| 5 |
LCM
Laurion Capital Management
New York
|
+$772K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$2.18M |
| 2 |
SA
Strategic Advisors
New York
|
-$1.19M |
| 3 |
Morgan Stanley
New York
|
-$781K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$276K |
| 5 |
HK
Horizon Kinetics
New York
|
-$140K |
NRK Hedge Fund Activity: Q4 2015 in Review
70 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q4 2015, worth a combined $98.8M — up 20% from $82.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NRK positions and 3 closed out — a net gain of 10 holders — while 22 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $7.21M. The largest seller was Mackay Shields LLC, cutting an estimated $2.18M.
- 70 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q4 2015, up from 61 in Q3 2015.
- Funds reported $98.8M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q4 2015, up 20% quarter-over-quarter.
- 13 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q4 2015 and 3 closed out, a net change of +10 holders.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q4 2015 was Karpus Investment Management, an estimated $7.21M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q4 2015 was Mackay Shields LLC, an estimated $2.18M sold.
Based on aggregated 13F filings for Q4 2015.