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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
Nomura Holdings
76
Nomura Holdings
Japan
$116K +$107K +11,000 New
OBWG
77
Onyx Bridge Wealth Group
New York
$114K -$1.91K -196 -2%
AC
78
Avestar Capital
New York
$111K +$103K +10,568 New
WJWM
79
Williams Jones Wealth Management
New York
$110K
LCM
80
Leisure Capital Management
California
$106K
SWA
81
SOA Wealth Advisors
New York
$97.1K
GWSG
82
GPS Wealth Strategies Group
Colorado
$66.2K
SPIA
83
Steward Partners Investment Advisory
New York
$60.8K
BLC
84
Brown, Lisle/Cummings
Rhode Island
$53K
Northwestern Mutual Wealth Management
85
Northwestern Mutual Wealth Management
Wisconsin
$46.8K -$22.3K -2,288 -34%
CWP
86
Concord Wealth Partners
Virginia
$26.2K -$24.3K -2,492 -50%
BFEC
87
Benjamin F. Edwards & Company
Missouri
$26K +$19.5K +2,000 +400%
CHA
88
Carmichael Hill & Associates
Maryland
$25.3K
WTA
89
Washington Trust Advisors
Massachusetts
$21.9K
US Bancorp
90
US Bancorp
Minnesota
$19K
RIM
91
Rockbridge Investment Management
New York
$18.9K +$17.5K +1,791 New
MRCM
92
M&R Capital Management
New Jersey
$16.8K
NS
93
NBC Securities
Alabama
$11K +$156 +16 +2%
KFI
94
Key Financial Inc
Pennsylvania
$5.15K
VWM
95
Valley Wealth Managers
New Jersey
$4.81K
SCM
96
Saba Capital Management
New York
-$3.37M -356,391 Closed
BAM
97
Belpointe Asset Management
Nevada
-$520K -55,070 Closed
Susquehanna International Group
98
Susquehanna International Group
Pennsylvania
-$482K -51,023 Closed
Millennium Management
99
Millennium Management
New York
-$288K -30,495 Closed
FPCP
100
Fort Point Capital Partners
California
-$250K -26,420 Closed

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.