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Nuveen New York AMT-Free Quality Municipal Income Fund

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, 13 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 13

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

1% more funds holding

Funds holding: 6768 (+1)

2% more capital invested

Capital invested by funds: $105M → $108M (+$2.4M)

0.18% more ownership

Funds ownership: 9.31%9.49% (+0.18%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
68
Holders Change
+1
Holders Change %
+1.49%
% of All Funds
1.69%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
20
Reduced
13
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$23.1M +$1.49M +116,055 +7%
Morgan Stanley
2
Morgan Stanley
New York
$10.8M +$357K +27,794 +3%
MSL
3
Mackay Shields LLC
New York
$8.42M
UBS Group
4
UBS Group
Switzerland
$6.43M -$178K -13,848 -3%
Fiera Capital (Canada)
5
Fiera Capital (Canada)
Quebec, Canada
$6.09M +$179K +13,962 +3%
GC
6
Guggenheim Capital
Illinois
$6.06M +$263K +20,497 +5%
LCM
7
Landscape Capital Management
New Jersey
$4.52M +$1.38M +107,386 +44%
EWM
8
Edge Wealth Management
New York
$4.46M +$149K +11,618 +4%
HighTower Advisors
9
HighTower Advisors
Illinois
$4.24M +$33.3K +2,590 +0.8%
Bank of America
10
Bank of America
North Carolina
$3.42M -$199K -15,513 -6%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$3.31M -$8.49K -661 -0.3%
Wells Fargo
12
Wells Fargo
California
$3.11M +$365K +28,382 +13%
NGA
13
Naples Global Advisors
Florida
$3.08M -$24.4K -1,900 -0.8%
Citigroup
14
Citigroup
New York
$2.43M +$16.7K +1,297 +0.7%
Invesco
15
Invesco
Georgia
$2.26M +$43.3K +3,374 +2%
RJA
16
Raymond James & Associates
Florida
$1.84M +$137K +10,645 +8%
1832 Asset Management
17
1832 Asset Management
Ontario, Canada
$1.3M -$1.28M -100,000 -50%
LPL Financial
18
LPL Financial
California
$1.27M +$28.7K +2,231 +2%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$736K -$6.32K -492 -0.9%
NPC
20
National Planning Corporation
California
$703K
ICA
21
Infrastructure Capital Advisors
New York
$670K
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$659K +$2.21K +172 +0.3%
NL
23
NWAM LLC
Washington
$646K
SWM
24
Stockman Wealth Management
Montana
$569K
TIM
25
Tortoise Investment Management
New York
$515K -$107K -8,350 -17%

NRK Hedge Fund Activity: Q1 2017 in Review

68 of the 4,018 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 2.3% from $105M 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 13 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $1.49M. The largest seller was 1832 Asset Management, cutting an estimated $1.28M.

  • 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 2.3% 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 1832 Asset Management, an estimated $1.28M sold.

Based on aggregated 13F filings for Q1 2017.