We are live on ! Find out more
NRK icon

Nuveen New York AMT-Free Quality Municipal Income Fund
NRK

75 hedge funds and large institutions have $244M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

1.38% more ownership

Funds ownership: 20.6% → 21.98% (+1.4%)

5% more capital invested

Capital invested by funds: $233M → $244M (+$10.7M)

0% more funds holding

Funds holding: 75 → 75 (0)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

10% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 20

Holders
75
Holders Change
–
Holders Change %
0%
% of All Funds
1.63%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
10
Increased
18
Reduced
20
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$14.1M
2
PCM
PenderFund Capital Management
British Columbia, Canada
+$2.07M
3
KIM
Karpus Investment Management
New York
+$825K
4
FM
Family Management
New York
+$720K
5
SMH
Sanders Morris Harris
Texas
+$651K

Top Sellers

Rank Fund Capital Flow
1
RCM
Robinson Capital Management
Michigan
-$2.11M
2
RCM
Rivernorth Capital Management
Florida
-$766K
3
LCM
Landscape Capital Management
New Jersey
-$752K
4
Wells Fargo
Wells Fargo
California
-$450K
5
MIG
Mariner Investment Group
New York
-$359K
Name Holding Trade Value Shares
Change 		Change in
Stake
MAFM
51
Mid Atlantic Financial Management
Pennsylvania
$184K – – –
KWMG
52
King Wealth Management Group
Florida
$182K +$8.82K +682 +5%
Lazard Asset Management
53
Lazard Asset Management
New York
$154K – – –
EFS
54
Essex Financial Services
Connecticut
$152K – – –
M&T Bank
55
M&T Bank
New York
$152K – – –
ACP
56
Aviance Capital Partners
Florida
$151K – – –
LTFS
57
Ladenburg Thalmann Financial Services
Florida
$151K – – –
CBA
58
Coastal Bridge Advisors
Connecticut
$139K – – –
SDAM
59
Shulman DeMeo Asset Management
New York
$138K -$892 -69 -0.6%
Bank of New York Mellon
60
Bank of New York Mellon
New York
$136K +$134K +10,354 New
TFCP
61
Twin Focus Capital Partners
Massachusetts
$134K – – –
MC
62
Mathes Company
New York
$131K – – –
NFG
63
Next Financial Group
Texas
$82K -$16.3K -1,257 -17%
FIA
64
FNY Investment Advisers
New York
$76K +$75.2K +5,816 New
APA
65
American Portfolios Advisors
New York
$71.3K +$207 +16 +0.3%
Northwestern Mutual Wealth Management
66
Northwestern Mutual Wealth Management
Wisconsin
$58K – – –
BWL
67
Bogart Wealth LLC
Virginia
$55K – – –
BFEC
68
Benjamin F. Edwards & Company
Missouri
$50K +$49.8K +3,850 New
MRCM
69
M&R Capital Management
New Jersey
$47K – – –
Bank of Montreal
70
Bank of Montreal
Ontario, Canada
$36K – – –
PCM
71
Princeton Capital Management
New Jersey
$36K – – –
WT
72
Whittier Trust
California
$24K – – –
IWA
73
IBEX Wealth Advisors
New Jersey
$24K +$24.6K +1,903 New
BAM
74
Barrett Asset Management
New York
$16K – – –
Fifth Third Bancorp
75
Fifth Third Bancorp
Ohio
$12K – – –
1 2
3
4

NRK Hedge Fund Activity: Q2 2019 in Review

75 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q2 2019, worth a combined $244M — up 4.6% from $233M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new NRK positions and 9 closed out — a net gain of 1 holder — while 18 added to existing stakes and 20 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $14.1M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $2.11M sold.

  • 75 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q2 2019, unchanged from Q1 2019.
  • Funds reported $244M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q2 2019, up 4.6% quarter-over-quarter.
  • 10 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q2 2019 and 9 closed out, a net change of +1 holder.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q2 2019 was Saba Capital Management, an estimated $14.1M added.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q2 2019 was Robinson Capital Management, an estimated $2.11M sold.

Based on aggregated 13F filings for Q2 2019.