Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
76 hedge funds and large institutions have $106M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
12% more funds holding
Funds holding: 68 → 76 (+8)
0.24% less ownership
Funds ownership: 9.49% → 9.26% (-0.24%)
1% less capital invested
Capital invested by funds: $108M → $106M (-$1.32M)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.64M |
| 2 |
Morgan Stanley
New York
|
+$1.14M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$724K |
| 4 |
SA
Strategic Advisors
New York
|
+$569K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$420K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.07M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.8M |
| 4 |
LPL Financial
San Diego,
California
|
-$442K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$353K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northern Trust
Chicago,
Illinois
| $2K | -$262K | -20,000 | -58% |
|
|
CHAM
77
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$132K | -10,150 | Closed |
|
|
ZIC
78
ZWJ Investment Counsel
Atlanta,
Georgia
| – | -$132K | -10,134 | Closed |
|
|
MWM
79
Mascoma Wealth Management
Hanover,
New Hampshire
| – | -$5K | -405 | Closed |
|
NRK Hedge Fund Activity: Q2 2017 in Review
76 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q2 2017, worth a combined $106M — down 1.2% from $108M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NRK positions and 3 closed out — a net gain of 9 holders — while 17 added to existing stakes and 19 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $1.64M. The largest seller was Fiera Capital (Canada), cutting an estimated $4.07M.
- 76 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q2 2017, up from 68 in Q1 2017.
- Funds reported $106M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q2 2017, down 1.2% quarter-over-quarter.
- 12 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q2 2017 and 3 closed out, a net change of +9 holders.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q2 2017 was 1832 Asset Management, an estimated $1.64M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q2 2017 was Fiera Capital (Canada), an estimated $4.07M sold.
Based on aggregated 13F filings for Q2 2017.