Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
68 hedge funds and large institutions have $108M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 8 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
1% more funds holding
Funds holding: 67 → 68 (+1)
4% more capital invested
Capital invested by funds: $104M → $108M (+$3.77M)
0.29% more ownership
Funds ownership: 9.2% → 9.49% (+0.29%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.49M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.38M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$365K |
| 4 |
Morgan Stanley
New York
|
+$357K |
| 5 |
SCA
STALEY CAPITAL ADVISERS
Pittsburgh,
Pennsylvania
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
-$510K |
| 2 |
SLA
Silver Lake Advisory
Cottonwood Heights,
Utah
|
-$393K |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$272K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$251K |
| 5 |
Neuberger Berman Group
New York
|
-$218K |
NRK Hedge Fund Activity: Q1 2017 in Review
68 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q1 2017, worth a combined $108M — up 3.6% from $104M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NRK positions and 8 closed out — a net gain of 2 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.49M. The largest seller was Squarepoint, exiting entirely with an estimated $510K sold.
- 68 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q1 2017, up from 67 in Q4 2016.
- Funds reported $108M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q1 2017, up 3.6% quarter-over-quarter.
- 10 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q1 2017 and 8 closed out, a net change of +2 holders.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q1 2017 was Karpus Investment Management, an estimated $1.49M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q1 2017 was Squarepoint, an estimated $510K sold.
Based on aggregated 13F filings for Q1 2017.