Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
101 hedge funds and large institutions have $333M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2021 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 19 reducing their positions, and 9 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 19
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
4% more funds holding
Funds holding: 97 → 101 (+4)
1% more capital invested
Capital invested by funds: $329M → $333M (+$3.12M)
0.26% more ownership
Funds ownership: 27.37% → 27.63% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.84M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.62M |
| 3 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
+$871K |
| 4 |
ARIS
Advanced Research Investment Solutions
Los Angeles,
California
|
+$800K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$789K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.99M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.59M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.53M |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$695K |
| 5 |
WANY
Wealthspire Advisors (New York)
New York
|
-$586K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UB
101
UMB Bank
Kansas City,
Missouri
| $10K | +$9.52K | +691 | New |
|
|
KFI
102
Key Financial Inc
West Chester,
Pennsylvania
| $7K | – | – | – |
|
103
Northern Trust
Chicago,
Illinois
| – | -$10K | -68,900 | Closed |
|
|
WANY
104
Wealthspire Advisors (New York)
New York
| – | -$586K | -42,361 | Closed |
|
|
BFS
105
Bickling Financial Services
Lexington,
Massachusetts
| – | -$244K | -17,651 | Closed |
|
|
ACA
106
Ackerman Capital Advisors
Dallas,
Texas
| – | -$228K | -16,470 | Closed |
|
|
WAM
107
Wolverine Asset Management
Chicago,
Illinois
| – | -$217K | -15,711 | Closed |
|
|
HI
108
Harbour Investments
Madison,
Wisconsin
| – | -$35K | -2,565 | Closed |
|
|
WT
109
Washington Trust
Westerly,
Rhode Island
| – | -$29K | -2,077 | Closed |
|
|
BAM
110
Barrett Asset Management
New York
| – | -$17K | -1,240 | Closed |
|
NRK Hedge Fund Activity: Q4 2021 in Review
101 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q4 2021, worth a combined $333M — up 0.95% from $329M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NRK positions and 9 closed out — a net gain of 4 holders — while 34 added to existing stakes and 19 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.84M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.99M.
- 101 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q4 2021, up from 97 in Q3 2021.
- Funds reported $333M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q4 2021, up 0.95% quarter-over-quarter.
- 13 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q4 2021 and 9 closed out, a net change of +4 holders.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q4 2021 was Karpus Investment Management, an estimated $2.84M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q4 2021 was Rivernorth Capital Management, an estimated $1.99M sold.
Based on aggregated 13F filings for Q4 2021.