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Nuveen New York AMT-Free Quality Municipal Income Fund

59 hedge funds and large institutions have $61.5M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more capital invested

Capital invested by funds: $56M → $61.5M (+$5.45M)

0.48% more ownership

Funds ownership: 5.25%5.73% (+0.48%)

5% less funds holding

Funds holding: 6259 (-3)

23% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 13

35% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 17

Holders
59
Holders Change
-3
Holders Change %
-4.84%
% of All Funds
1.71%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
11
Reduced
17
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WA
51
Winfield Associates
Ohio
$17K +$16.8K +1,400 New
BAM
52
Barrett Asset Management
New York
$15K
EWM
53
Edge Wealth Management
New York
$12K
PAS
54
Partnervest Advisory Services
California
$10K
PNC Financial Services Group
55
PNC Financial Services Group
Pennsylvania
$10K +$8.9K +740 New
CFA
56
Carroll Financial Associates
North Carolina
$8K
First Manhattan
57
First Manhattan
New York
$7K
LTFS
58
Ladenburg Thalmann Financial Services
Florida
$6K -$15.6K -1,300 -72%
Northern Trust
59
Northern Trust
Illinois
$2K
OFG
60
OTA Financial Group
New York
$232 -$79K -6,565 -26%
FTCM
61
Fir Tree Capital Management
New York
-$2.53M -206,665 Closed
TC
62
TFS Capital
Pennsylvania
-$1.69M -138,114 Closed
TCM
63
Texan Capital Management
Texas
-$1.04M -85,002 Closed
Franklin Resources
64
Franklin Resources
California
-$552K -45,088 Closed
DA
65
Doliver Advisors
Texas
-$284K -23,218 Closed
CS
66
Credit Suisse
Switzerland
-$270K -22,066 Closed
KWMG
67
King Wealth Management Group
Florida
-$244K -19,961 Closed
OC
68
Oppenheimer & Co
New York
-$231K -18,876 Closed
TCT
69
TIAA CREF Trust
Missouri
-$205K -16,777 Closed
WJA
70
Williams Jones & Associates
New York
-$191K -15,628 Closed
PP
71
Paloma Partners
Connecticut
-$142K -11,595 Closed
FAAS
72
First Allied Advisory Services
California
-$126K -10,359 Closed
WF
73
WealthTrust Fairport
Ohio
-$4K -300 Closed

NRK Hedge Fund Activity: Q4 2013 in Review

59 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q4 2013, worth a combined $61.5M — up 9.7% from $56M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of NRK and 10 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 11 added.

The largest buyer was 683 Capital Management, opening a new position worth an estimated $16.5M. The largest seller was Guggenheim Capital, cutting an estimated $3.98M.

  • 59 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q4 2013, down from 62 in Q3 2013.
  • Funds reported $61.5M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q4 2013, up 9.7% quarter-over-quarter.
  • 10 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q4 2013 and 13 closed out, a net change of -3 holders.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q4 2013 was 683 Capital Management, an estimated $16.5M added.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q4 2013 was Guggenheim Capital, an estimated $3.98M sold.

Based on aggregated 13F filings for Q4 2013.