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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
AC
51
Almitas Capital
California
$263K +$244K +25,000 New
LPL Financial
52
LPL Financial
California
$257K -$89.9K -9,225 -27%
FM
53
Family Management
New York
$254K -$85.8K -8,800 -27%
WANY
54
Wealthspire Advisors (New York)
New York
$249K
WS
55
Wedbush Securities
California
$246K
BA
56
Bridgewater Advisors
New York
$237K -$389K -39,948 -64%
CAM
57
Cresset Asset Management
Illinois
$230K -$93.1K -9,553 -30%
CS
58
Credit Suisse
Switzerland
$210K
RJA
59
Raymond James & Associates
Florida
$201K -$26.3K -2,702 -12%
NGA
60
Naples Global Advisors
Florida
$201K -$8.29K -850 -4%
RJFSA
61
Raymond James Financial Services Advisors
Florida
$193K -$115K -11,748 -39%
OC
62
Oppenheimer & Co
New York
$177K -$9.75K -1,000 -6%
MC
63
Moors & Cabot
Massachusetts
$166K -$73.1K -7,500 -32%
PA
64
Pinnacle Associates
New York
$165K -$11.3K -1,161 -7%
NAM
65
NorthCrest Asset Manangement
Minnesota
$150K
Envestnet Asset Management
66
Envestnet Asset Management
Illinois
$149K +$12.8K +1,314 +10%
CAN
67
Cetera Advisor Networks
California
$145K -$2.21K -227 -2%
PAG
68
Private Advisor Group
New Jersey
$137K +$127K +13,033 New
NA
69
NewEdge Advisors
Louisiana
$136K +$10.7K +1,100 +9%
Jane Street
70
Jane Street
New York
$129K +$119K +12,229 New
SWM
71
Spire Wealth Management
Virginia
$128K
Cambridge Investment Research Advisors
72
Cambridge Investment Research Advisors
Iowa
$127K -$7.6K -780 -6%
AWS
73
Atria Wealth Solutions
New York
$126K
Lazard Asset Management
74
Lazard Asset Management
New York
$124K
CC
75
Constitution Capital
Connecticut
$120K

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.