Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
96 hedge funds and large institutions have $265M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 35 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
1% more funds holding
Funds holding: 95 → 96 (+1)
0.47% more ownership
Funds ownership: 28.84% → 29.3% (+0.47%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% less capital invested
Capital invested by funds: $265M → $265M (-$295K)
57% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.16M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$2.25M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$888K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$574K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$573K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.84M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$790K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$627K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$354K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$323K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Nomura Holdings
Tokyo,
Japan
| – | -$159K | -15,000 | Closed |
|
|
CC
102
Courier Capital
Buffalo,
New York
| – | -$106K | -10,000 | Closed |
|
|
TFA
103
Toth Financial Advisory
Leesburg,
Virginia
| – | -$1.59K | -150 | Closed |
|
NRK Hedge Fund Activity: Q2 2023 in Review
96 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q2 2023, worth a combined $265M — down 0.11% from $265M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NRK positions and 6 closed out — a net gain of 1 holder — while 15 added to existing stakes and 35 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $4.16M. The largest seller was Bank of America, cutting an estimated $1.84M.
- 96 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q2 2023, up from 95 in Q1 2023.
- Funds reported $265M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q2 2023, down 0.11% quarter-over-quarter.
- 7 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q2 2023 and 6 closed out, a net change of +1 holder.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q2 2023 was Karpus Investment Management, an estimated $4.16M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q2 2023 was Bank of America, an estimated $1.84M sold.
Based on aggregated 13F filings for Q2 2023.