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Nuveen New York AMT-Free Quality Municipal Income Fund

94 hedge funds and large institutions have $327M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 32 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more capital invested

Capital invested by funds: $264M → $327M (+$63.3M)

3.6% more ownership

Funds ownership: 32.01%35.61% (+3.6%)

4% less funds holding

Funds holding: 9894 (-4)

27% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 11

28% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 32

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
94
Holders Change
-4
Holders Change %
-4.08%
% of All Funds
1.37%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
8
Increased
23
Reduced
32
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$1.04M -$47.3K -4,856 -5%
Cohen & Steers
27
Cohen & Steers
New York
$878K +$341K +35,000 +72%
NCM
28
Narwhal Capital Management
Georgia
$746K -$5.75K -590 -0.8%
WAM
29
Weiss Asset Management
Massachusetts
$740K +$685K +70,308 New
HKAM
30
Horizon Kinetics Asset Management
New York
$704K
NCM
31
Next Capital Management
New York
$702K
RWB
32
RMR Wealth Builders
New Jersey
$699K
Stifel Financial
33
Stifel Financial
Missouri
$697K -$54.2K -5,556 -8%
TIM
34
Tortoise Investment Management
New York
$684K -$254K -26,091 -29%
RIA
35
Realta Investment Advisors
Delaware
$611K +$24.4K +2,502 +5%
MML Investors Services
36
MML Investors Services
Massachusetts
$597K +$11.7K +1,205 +2%
Ameriprise
37
Ameriprise
Minnesota
$589K +$6.61K +678 +1%
MC
38
Mathes Company
New York
$569K
AWP
39
Ascent Wealth Partners
New York
$550K -$141K -14,500 -22%
Osaic Holdings
40
Osaic Holdings
Arizona
$468K -$67K -6,874 -13%
WFA
41
Wellspring Financial Advisors
Ohio
$458K +$68.2K +7,000 +19%
SWM
42
Stockman Wealth Management
Montana
$430K
Citadel Advisors
43
Citadel Advisors
Florida
$422K +$184K +18,886 +89%
FFG
44
Frisch Financial Group
New York
$407K -$2.89M -296,367 -88%
DJYG
45
David J. Yvars Group
Florida
$390K
HA
46
Herold Advisors
New York
$390K -$32.4K -3,320 -8%
Mariner
47
Mariner
Kansas
$311K
AAS
48
Avantax Advisory Services
Texas
$307K -$131K -13,474 -32%
SCA
49
STALEY CAPITAL ADVISERS
Pennsylvania
$279K
Janney Montgomery Scott
50
Janney Montgomery Scott
Pennsylvania
$266K +$11.4K +1,170 +5%

NRK Hedge Fund Activity: Q4 2023 in Review

94 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q4 2023, worth a combined $327M — up 24% from $264M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of NRK and 8 opened new positions — a net loss of 3 holders — while 32 trimmed existing stakes and 23 added.

The largest buyer was Karpus Investment Management, adding an estimated $23.6M. The largest seller was Saba Capital Management, exiting entirely with an estimated $3.37M sold.

  • 94 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q4 2023, down from 98 in Q3 2023.
  • Funds reported $327M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q4 2023, up 24% quarter-over-quarter.
  • 8 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q4 2023 and 11 closed out, a net change of -3 holders.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q4 2023 was Karpus Investment Management, an estimated $23.6M added.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q4 2023 was Saba Capital Management, an estimated $3.37M sold.

Based on aggregated 13F filings for Q4 2023.