Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
57 hedge funds and large institutions have $78.9M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 11 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 11
7% more capital invested
Capital invested by funds: $73.5M → $78.9M (+$5.4M)
0.37% more ownership
Funds ownership: 6.47% → 6.84% (+0.37%)
8% less funds holding
Funds holding: 62 → 57 (-5)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$6.95M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.51M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$802K |
| 4 |
NGA
Naples Global Advisors
Naples,
Florida
|
+$713K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$624K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.89M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.52M |
| 3 |
TCM
TAM Capital Management
Stamford,
Connecticut
|
-$867K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$777K |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$710K |
NRK Hedge Fund Activity: Q1 2015 in Review
57 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q1 2015, worth a combined $78.9M — up 7.3% from $73.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NRK and 7 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 22 added.
The largest buyer was Mackay Shields LLC, adding an estimated $6.95M. The largest seller was Morgan Stanley, cutting an estimated $1.89M.
- 57 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q1 2015, down from 62 in Q4 2014.
- Funds reported $78.9M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q1 2015, up 7.3% quarter-over-quarter.
- 7 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q1 2015 and 12 closed out, a net change of -5 holders.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q1 2015 was Mackay Shields LLC, an estimated $6.95M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q1 2015 was Morgan Stanley, an estimated $1.89M sold.
Based on aggregated 13F filings for Q1 2015.