Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
74 hedge funds and large institutions have $92.4M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
7% more funds holding
Funds holding: 69 → 74 (+5)
2% more capital invested
Capital invested by funds: $90.3M → $92.4M (+$2.08M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.19% less ownership
Funds ownership: 7.54% → 7.35% (-0.19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Strategic Advisors
New York
|
+$1.35M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$832K |
| 3 |
Citigroup
New York
|
+$620K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$536K |
| 5 |
ISL
Ingalls & Snyder LLC
New York
|
+$430K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$3.83M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.11M |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$865K |
| 4 |
LPL Financial
San Diego,
California
|
-$698K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$580K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
76
AQR Arbitrage
Greenwich,
Connecticut
| – | -$559K | -41,573 | Closed |
|
77
Cohen & Steers
New York
| – | -$437K | -32,534 | Closed |
|
|
AW
78
ACG Wealth
Atlanta,
Georgia
| – | -$269K | -20,000 | Closed |
|
|
AIG
79
American International Group
New York
| – | -$77K | -5,797 | Closed |
|
|
6CM
80
683 Capital Management
New York
| – | -$69K | -5,100 | Closed |
|
|
HR
81
Howe & Rusling
Rochester,
New York
| – | -$28K | -2,069 | Closed |
|
NRK Hedge Fund Activity: Q2 2016 in Review
74 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q2 2016, worth a combined $92.4M — up 2.3% from $90.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NRK positions and 6 closed out — a net gain of 6 holders — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Strategic Advisors, opening a new position worth an estimated $1.35M. The largest seller was Laurion Capital Management, cutting an estimated $3.83M.
- 74 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q2 2016, up from 69 in Q1 2016.
- Funds reported $92.4M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q2 2016, up 2.3% quarter-over-quarter.
- 12 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q2 2016 and 6 closed out, a net change of +6 holders.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q2 2016 was Strategic Advisors, an estimated $1.35M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q2 2016 was Laurion Capital Management, an estimated $3.83M sold.
Based on aggregated 13F filings for Q2 2016.