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Nuveen New York AMT-Free Quality Municipal Income Fund

74 hedge funds and large institutions have $92.4M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

50% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 14

7% more funds holding

Funds holding: 6974 (+5)

2% more capital invested

Capital invested by funds: $90.3M → $92.4M (+$2.08M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.19% less ownership

Funds ownership: 7.54%7.35% (-0.19%)

Holders
74
Holders Change
+5
Holders Change %
+7.25%
% of All Funds
1.97%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
12
Increased
21
Reduced
14
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$19.1M +$832K +59,913 +5%
Morgan Stanley
2
Morgan Stanley
New York
$10.9M -$85.8K -6,175 -0.8%
UBS Group
3
UBS Group
Switzerland
$7.04M -$304K -21,878 -4%
MSL
4
Mackay Shields LLC
New York
$5.34M
Fiera Capital (Canada)
5
Fiera Capital (Canada)
Quebec, Canada
$4.85M -$14.1K -1,018 -0.3%
GC
6
Guggenheim Capital
Illinois
$4.77M +$335K +24,098 +8%
NGA
7
Naples Global Advisors
Florida
$3.51M +$267K +19,230 +8%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$3.24M +$143K +10,316 +5%
Bank of America
9
Bank of America
North Carolina
$3.02M +$178K +12,792 +6%
Citigroup
10
Citigroup
New York
$2.77M +$620K +44,608 +30%
Wells Fargo
11
Wells Fargo
California
$2.62M -$256K -18,453 -9%
HighTower Advisors
12
HighTower Advisors
Illinois
$2.43M +$247K +17,775 +12%
Invesco
13
Invesco
Georgia
$2.06M +$536K +38,618 +36%
Deutsche Bank
14
Deutsche Bank
Germany
$1.6M +$233K +16,785 +18%
1832 Asset Management
15
1832 Asset Management
Ontario, Canada
$1.43M
SA
16
Strategic Advisors
New York
$1.39M +$1.35M +97,169 New
LPL Financial
17
LPL Financial
California
$1.31M -$698K -50,252 -36%
TIM
18
Tortoise Investment Management
New York
$864K +$152K +10,916 +22%
Lazard Asset Management
19
Lazard Asset Management
New York
$813K
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$792K +$33.6K +2,416 +5%
NPC
21
National Planning Corporation
California
$781K
NL
22
NWAM LLC
Washington
$710K +$39.6K +2,850 +6%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$577K +$63.1K +4,543 +13%
Mariner
24
Mariner
Kansas
$566K
RJA
25
Raymond James & Associates
Florida
$562K +$92K +6,621 +20%

NRK Hedge Fund Activity: Q2 2016 in Review

74 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q2 2016, worth a combined $92.4M — up 2.3% from $90.3M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new NRK positions and 6 closed out — a net gain of 6 holders — while 21 added to existing stakes and 14 trimmed.

The largest buyer was Strategic Advisors, opening a new position worth an estimated $1.35M. The largest seller was Laurion Capital Management, cutting an estimated $3.83M.

  • 74 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q2 2016, up from 69 in Q1 2016.
  • Funds reported $92.4M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q2 2016, up 2.3% quarter-over-quarter.
  • 12 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q2 2016 and 6 closed out, a net change of +6 holders.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q2 2016 was Strategic Advisors, an estimated $1.35M added.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q2 2016 was Laurion Capital Management, an estimated $3.83M sold.

Based on aggregated 13F filings for Q2 2016.