We are live on ! Find out more
NRK icon

Nuveen New York AMT-Free Quality Municipal Income Fund
NRK

98 hedge funds and large institutions have $264M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 19 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

74% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 19

2.7% more ownership

Funds ownership: 29.3% → 32.01% (+2.7%)

2% more funds holding

Funds holding: 96 → 98 (+2)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

0% less capital invested

Capital invested by funds: $265M → $264M (-$844K)

Holders
98
Holders Change
+2
Holders Change %
+2.08%
% of All Funds
1.56%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
7
Increased
33
Reduced
19
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
+$16.9M
2
SCM
Saba Capital Management
New York
+$3.28M
3
Deutsche Bank
Deutsche Bank
Germany
+$3.08M
4
AA
AQR Arbitrage
Connecticut
+$2.34M
5
GC
Guggenheim Capital
Illinois
+$811K

Top Sellers

Rank Fund Capital Flow
1
PCM
Penserra Capital Management
California
-$5.89M
2
AAS
Avantax Advisory Services
Texas
-$547K
3
SIA
Sit Investment Associates
Minnesota
-$429K
4
TIM
Tortoise Investment Management
New York
-$412K
5
HWAM
Hennion & Walsh Asset Management
New Jersey
-$209K
Name Holding Trade Value Shares
Change 		Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$976K +$180K +17,902 +21%
TIM
27
Tortoise Investment Management
New York
$860K -$412K -41,119 -31%
Stifel Financial
28
Stifel Financial
Missouri
$678K +$71.8K +7,163 +11%
NCM
29
Narwhal Capital Management
Georgia
$675K -$2.98K -297 -0.4%
HKAM
30
Horizon Kinetics Asset Management
New York
$632K – – –
AWP
31
Ascent Wealth Partners
New York
$631K +$186K +18,500 +38%
NCM
32
Next Capital Management
New York
$630K – – –
RWB
33
RMR Wealth Builders
New Jersey
$627K – – –
BA
34
Bridgewater Advisors
New York
$590K – – –
RIA
35
Realta Investment Advisors
Delaware
$575K – – –
SIA
36
Sit Investment Associates
Minnesota
$564K -$429K -42,743 -42%
MML Investors Services
37
MML Investors Services
Massachusetts
$525K +$37.7K +3,764 +7%
Ameriprise
38
Ameriprise
Minnesota
$522K +$7.31K +729 +1%
BAM
39
Belpointe Asset Management
Nevada
$520K +$552K +55,070 New
MC
40
Mathes Company
New York
$510K – – –
Osaic Holdings
41
Osaic Holdings
Arizona
$485K +$191K +19,000 +59%
Susquehanna International Group
42
Susquehanna International Group
Pennsylvania
$482K +$512K +51,023 New
Cohen & Steers
43
Cohen & Steers
New York
$457K – – –
AAS
44
Avantax Advisory Services
Texas
$403K -$547K -54,502 -56%
SWM
45
Stockman Wealth Management
Montana
$386K – – –
HA
46
Herold Advisors
New York
$381K – – –
DJYG
47
David J. Yvars Group
Florida
$350K – – –
WFA
48
Wellspring Financial Advisors
Ohio
$345K +$105K +10,500 +40%
LPL Financial
49
LPL Financial
California
$318K +$38.8K +3,866 +13%
FM
50
Family Management
New York
$311K – – –
1
2
3 4 5

NRK Hedge Fund Activity: Q3 2023 in Review

98 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q3 2023, worth a combined $264M — down 0.32% from $265M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new NRK positions and 4 closed out — a net gain of 3 holders — while 33 added to existing stakes and 19 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $16.9M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $5.89M sold.

  • 98 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q3 2023, up from 96 in Q2 2023.
  • Funds reported $264M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q3 2023, down 0.32% quarter-over-quarter.
  • 7 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q3 2023 and 4 closed out, a net change of +3 holders.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q3 2023 was Karpus Investment Management, an estimated $16.9M added.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q3 2023 was Penserra Capital Management, an estimated $5.89M sold.

Based on aggregated 13F filings for Q3 2023.