Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
97 hedge funds and large institutions have $329M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 22 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
59% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 22
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
5% more funds holding
Funds holding: 92 → 97 (+5)
0.92% more ownership
Funds ownership: 26.45% → 27.37% (+0.92%)
1% more capital invested
Capital invested by funds: $327M → $329M (+$2.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$11.2M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.99M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$2.03M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.66M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$12.6M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.22M |
| 3 |
SCM
Saba Capital Management
New York
|
-$1.12M |
| 4 |
Citigroup
New York
|
-$839K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$548K |
NRK Hedge Fund Activity: Q3 2021 in Review
97 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q3 2021, worth a combined $329M — up 0.87% from $327M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NRK positions and 5 closed out — a net gain of 5 holders — while 35 added to existing stakes and 22 trimmed.
The largest buyer was Claybrook Capital, opening a new position worth an estimated $11.2M. The largest seller was Karpus Investment Management, cutting an estimated $12.6M.
- 97 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q3 2021, up from 92 in Q2 2021.
- Funds reported $329M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q3 2021, up 0.87% quarter-over-quarter.
- 10 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q3 2021 and 5 closed out, a net change of +5 holders.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q3 2021 was Claybrook Capital, an estimated $11.2M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q3 2021 was Karpus Investment Management, an estimated $12.6M sold.
Based on aggregated 13F filings for Q3 2021.