Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
92 hedge funds and large institutions have $327M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 9 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1% more funds holding
Funds holding: 91 → 92 (+1)
0% more capital invested
Capital invested by funds: $325M → $327M (+$1.19M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.75% less ownership
Funds ownership: 27.2% → 26.45% (-0.75%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$14.8M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$958K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$888K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$802K |
| 5 |
LWA
Lenox Wealth Advisors
New York
|
+$589K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$15.8M |
| 2 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
-$10.8M |
| 3 |
SCM
Saba Capital Management
New York
|
-$3M |
| 4 |
Morgan Stanley
New York
|
-$917K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$339K |
NRK Hedge Fund Activity: Q2 2021 in Review
92 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q2 2021, worth a combined $327M — up 0.36% from $325M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NRK positions and 9 closed out — a net gain of 1 holder — while 29 added to existing stakes and 20 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $14.8M. The largest seller was Karpus Investment Management, cutting an estimated $15.8M.
- 92 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q2 2021, up from 91 in Q1 2021.
- Funds reported $327M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q2 2021, up 0.36% quarter-over-quarter.
- 10 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q2 2021 and 9 closed out, a net change of +1 holder.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q2 2021 was Rivernorth Capital Management, an estimated $14.8M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q2 2021 was Karpus Investment Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q2 2021.