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Nuveen New York AMT-Free Quality Municipal Income Fund

58 hedge funds and large institutions have $73.1M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

21% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 14

2% more funds holding

Funds holding: 5758 (+1)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.25% less ownership

Funds ownership: 6.84%6.59% (-0.25%)

7% less capital invested

Capital invested by funds: $78.9M → $73.1M (-$5.84M)

Holders
58
Holders Change
+1
Holders Change %
+1.75%
% of All Funds
1.56%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
10
Increased
17
Reduced
14
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
6CM
1
683 Capital Management
New York
$19M +$2.11M +163,812 +12%
Morgan Stanley
2
Morgan Stanley
New York
$10.2M +$1.72M +133,946 +20%
MSL
3
Mackay Shields LLC
New York
$6.85M
UBS Group
4
UBS Group
Switzerland
$6.1M +$186K +14,454 +3%
GC
5
Guggenheim Capital
Illinois
$2.92M -$1.31M -102,050 -30%
Bank of America
6
Bank of America
North Carolina
$2.8M +$36K +2,794 +1%
Wells Fargo
7
Wells Fargo
California
$2.47M -$92.3K -7,172 -4%
NGA
8
Naples Global Advisors
Florida
$2.2M +$239K +18,550 +12%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$2.06M +$279K +21,709 +15%
Citigroup
10
Citigroup
New York
$1.71M +$27.4K +2,130 +2%
Invesco
11
Invesco
Georgia
$1.67M -$74.7K -5,806 -4%
Deutsche Bank
12
Deutsche Bank
Germany
$1.5M -$1.36M -105,887 -47%
AA
13
AQR Arbitrage
Connecticut
$1.28M -$241K -18,753 -16%
KIM
14
Karpus Investment Management
New York
$1.01M -$55.3K -4,300 -5%
Cohen & Steers
15
Cohen & Steers
New York
$1M +$107K +8,293 +12%
LCM
16
Landscape Capital Management
New Jersey
$1M +$477K +37,055 +87%
LPL Financial
17
LPL Financial
California
$954K -$259K -20,123 -21%
Lazard Asset Management
18
Lazard Asset Management
New York
$716K
NPC
19
National Planning Corporation
California
$687K +$51.5K +4,000 +8%
Mariner
20
Mariner
Kansas
$498K +$510K +39,657 New
HighTower Advisors
21
HighTower Advisors
Illinois
$487K +$13.6K +1,055 +3%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$474K -$29.9K -2,323 -6%
OFG
23
OTA Financial Group
New York
$415K +$414K +32,174 New
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$399K +$10.9K +845 +3%
SLA
25
Silver Lake Advisory
Utah
$312K +$17.5K +1,361 +6%

NRK Hedge Fund Activity: Q2 2015 in Review

58 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q2 2015, worth a combined $73.1M — down 7.4% from $78.9M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new NRK positions and 8 closed out — a net gain of 2 holders — while 17 added to existing stakes and 14 trimmed.

The largest buyer was 683 Capital Management, adding an estimated $2.11M. The largest seller was TAM Capital Management, exiting entirely with an estimated $2.99M sold.

  • 58 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q2 2015, up from 57 in Q1 2015.
  • Funds reported $73.1M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q2 2015, down 7.4% quarter-over-quarter.
  • 10 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q2 2015 and 8 closed out, a net change of +2 holders.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q2 2015 was 683 Capital Management, an estimated $2.11M added.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q2 2015 was TAM Capital Management, an estimated $2.99M sold.

Based on aggregated 13F filings for Q2 2015.