Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
71 hedge funds and large institutions have $106M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 10 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
0.16% less ownership
Funds ownership: 9.26% → 9.1% (-0.16%)
0% less capital invested
Capital invested by funds: $106M → $106M (-$410K)
7% less funds holding
Funds holding: 76 → 71 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$392K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$298K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$282K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$237K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$767K |
| 2 |
SWM
Stockman Wealth Management
Billings,
Montana
|
-$582K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$375K |
| 4 |
FA
FCG Advisors
Chatham,
New Jersey
|
-$303K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$244K |
NRK Hedge Fund Activity: Q3 2017 in Review
71 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q3 2017, worth a combined $106M — down 0.39% from $106M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NRK and 5 opened new positions — a net loss of 5 holders — while 16 trimmed existing stakes and 23 added.
The largest buyer was UBS Group, adding an estimated $392K. The largest seller was Karpus Investment Management, cutting an estimated $767K.
- 71 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q3 2017, down from 76 in Q2 2017.
- Funds reported $106M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q3 2017, down 0.39% quarter-over-quarter.
- 5 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q3 2017 and 10 closed out, a net change of -5 holders.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q3 2017 was UBS Group, an estimated $392K added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q3 2017 was Karpus Investment Management, an estimated $767K sold.
Based on aggregated 13F filings for Q3 2017.