Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
62 hedge funds and large institutions have $73.7M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
5% more funds holding
Funds holding: 59 → 62 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.27% less ownership
Funds ownership: 6.74% → 6.47% (-0.27%)
3% less capital invested
Capital invested by funds: $76.2M → $73.7M (-$2.49M)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NGA
Naples Global Advisors
Naples,
Florida
|
+$1.32M |
| 2 |
Morgan Stanley
New York
|
+$1.09M |
| 3 |
SG Americas Securities
New York
|
+$486K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$466K |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$461K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$5.92M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.85M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.81M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$613K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$494K |
NRK Hedge Fund Activity: Q4 2014 in Review
62 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q4 2014, worth a combined $73.7M — down 3.3% from $76.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NRK positions and 9 closed out — a net gain of 4 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was Naples Global Advisors, opening a new position worth an estimated $1.32M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $5.92M.
- 62 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q4 2014, up from 59 in Q3 2014.
- Funds reported $73.7M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q4 2014, down 3.3% quarter-over-quarter.
- 13 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q4 2014 and 9 closed out, a net change of +4 holders.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q4 2014 was Naples Global Advisors, an estimated $1.32M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q4 2014 was Cambridge Investment Research Advisors, an estimated $5.92M sold.
Based on aggregated 13F filings for Q4 2014.