Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
101 hedge funds and large institutions have $245M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 34 reducing their positions, and 17 closing their positions.
7% more capital invested
Capital invested by funds: $229M → $245M (+$15.7M)
0.58% more ownership
Funds ownership: 26.74% → 27.32% (+0.58%)
6% less funds holding
Funds holding: 107 → 101 (-6)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
32% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 34
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$49.8M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.54M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.37M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.28M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$939K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$41.4M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.24M |
| 3 |
V
Veritable
Wilmington,
Delaware
|
-$804K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$771K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$696K |
NRK Hedge Fund Activity: Q4 2022 in Review
101 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q4 2022, worth a combined $245M — up 6.9% from $229M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of NRK and 12 opened new positions — a net loss of 5 holders — while 34 trimmed existing stakes and 23 added.
The largest buyer was Karpus Investment Management, adding an estimated $49.8M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $41.4M sold.
- 101 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q4 2022, down from 107 in Q3 2022.
- Funds reported $245M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q4 2022, up 6.9% quarter-over-quarter.
- 12 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q4 2022 and 17 closed out, a net change of -5 holders.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q4 2022 was Karpus Investment Management, an estimated $49.8M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q4 2022 was Rivernorth Capital Management, an estimated $41.4M sold.
Based on aggregated 13F filings for Q4 2022.