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Nuveen New York AMT-Free Quality Municipal Income Fund

80 hedge funds and large institutions have $169M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

18% more capital invested

Capital invested by funds: $143M → $169M (+$26.1M)

2.34% more ownership

Funds ownership: 13.36%15.7% (+2.3%)

5% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 21

2% less funds holding

Funds holding: 8280 (-2)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

Holders
80
Holders Change
-2
Holders Change %
-2.44%
% of All Funds
1.83%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
6
Increased
22
Reduced
21
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
51
Neuberger Berman Group
New York
$186K -$116K -9,600 -39%
Stifel Financial
52
Stifel Financial
Missouri
$179K -$12.3K -1,014 -7%
TSS
53
Two Sigma Securities
New York
$165K +$7.35K +608 +5%
KWMG
54
King Wealth Management Group
Florida
$162K
CAN
55
Cetera Advisor Networks
California
$150K +$148K +12,245 New
Creative Planning
56
Creative Planning
Kansas
$145K +$435 +36 +0.3%
Lazard Asset Management
57
Lazard Asset Management
New York
$144K
EFS
58
Essex Financial Services
Connecticut
$142K
ISL
59
Ingalls & Snyder LLC
New York
$141K -$103K -8,561 -43%
BIAS
60
Beacon Investment Advisory Services
New Jersey
$141K
TFCP
61
Twin Focus Capital Partners
Massachusetts
$125K
TJHA
62
Thomas J. Herzfeld Advisors
Florida
$122K
SG Americas Securities
63
SG Americas Securities
New York
$109K +$108K +8,953 New
IDBONY
64
Israel Discount Bank of New York
New York
$108K -$174K -14,400 -62%
LTFS
65
Ladenburg Thalmann Financial Services
Florida
$76K
Northwestern Mutual Wealth Management
66
Northwestern Mutual Wealth Management
Wisconsin
$55K +$54.2K +4,484 New
BWL
67
Bogart Wealth LLC
Virginia
$51K
RWP
68
RWA Wealth Partners
Massachusetts
$51K
BAM
69
Bruderman Asset Management
New York
$49K +$181 +15 +0.4%
MRCM
70
M&R Capital Management
New Jersey
$44K
Bank of Montreal
71
Bank of Montreal
Ontario, Canada
$34K
PCM
72
Princeton Capital Management
New Jersey
$34K
PS
73
Portfolio Strategies
New York
$25K +$25K +2,069 New
WT
74
Whittier Trust
California
$22K
APA
75
American Portfolios Advisors
New York
$19.4K

NRK Hedge Fund Activity: Q2 2018 in Review

80 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q2 2018, worth a combined $169M — up 18% from $143M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of NRK and 6 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 22 added.

The largest buyer was Karpus Investment Management, adding an estimated $19.9M. The largest seller was Tortoise Investment Management, cutting an estimated $2.36M.

  • 80 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q2 2018, down from 82 in Q1 2018.
  • Funds reported $169M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q2 2018, up 18% quarter-over-quarter.
  • 6 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q2 2018 and 8 closed out, a net change of -2 holders.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q2 2018 was Karpus Investment Management, an estimated $19.9M added.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q2 2018 was Tortoise Investment Management, an estimated $2.36M sold.

Based on aggregated 13F filings for Q2 2018.