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Nuveen New York AMT-Free Quality Municipal Income Fund

82 hedge funds and large institutions have $143M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 17 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 17

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

7% more capital invested

Capital invested by funds: $133M → $143M (+$9.82M)

3% more funds holding

Funds holding: 8082 (+2)

1.69% more ownership

Funds ownership: 11.67%13.36% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
82
Holders Change
+2
Holders Change %
+2.5%
% of All Funds
1.88%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
29
Reduced
17
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
$37.1M +$8.56M +687,819 +29%
Morgan Stanley
2
Morgan Stanley
New York
$12.4M +$813K +65,363 +7%
CC
3
Claybrook Capital
Massachusetts
$12.4M +$6.79K +546 +0.1%
MSL
4
Mackay Shields LLC
New York
$7.89M
EWM
5
Edge Wealth Management
New York
$6.27M +$2.11M +169,582 +49%
GC
6
Guggenheim Capital
Illinois
$6.21M -$101K -8,121 -2%
1832 Asset Management
7
1832 Asset Management
Ontario, Canada
$4.89M
TIM
8
Tortoise Investment Management
New York
$4.68M +$1.97M +157,959 +70%
HighTower Advisors
9
HighTower Advisors
Illinois
$4.32M +$261K +20,975 +6%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$4.27M -$109K -8,730 -2%
UBS Group
11
UBS Group
Switzerland
$4.12M -$279K -22,419 -6%
Fiera Capital (Canada)
12
Fiera Capital (Canada)
Quebec, Canada
$3.68M +$1.52M +122,421 +68%
Bank of America
13
Bank of America
North Carolina
$3.42M -$239K -19,247 -6%
LCM
14
Landscape Capital Management
New Jersey
$2.63M +$620K +49,845 +30%
NGA
15
Naples Global Advisors
Florida
$2.51M -$332K -26,715 -11%
Wells Fargo
16
Wells Fargo
California
$2.38M -$324K -26,059 -12%
Citigroup
17
Citigroup
New York
$1.93M +$56.6K +4,552 +3%
Invesco
18
Invesco
Georgia
$1.7M -$17.8K -1,431 -1%
RJA
19
Raymond James & Associates
Florida
$1.69M +$293K +23,526 +20%
COLIM
20
City of London Investment Management
United Kingdom
$1.66M +$1.69M +136,200 New
AG
21
Advisor Group
Arizona
$897K -$124K -9,971 -12%
HK
22
Horizon Kinetics
New York
$888K +$720K +57,870 +383%
RCM
23
Robinson Capital Management
Michigan
$827K +$848K +68,155 New
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$799K +$81.2K +6,525 +11%
LPL Financial
25
LPL Financial
California
$754K +$155K +12,438 +25%

NRK Hedge Fund Activity: Q1 2018 in Review

82 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q1 2018, worth a combined $143M — up 7.4% from $133M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new NRK positions and 8 closed out — a net gain of 2 holders — while 29 added to existing stakes and 17 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $8.56M. The largest seller was Summit Trail Advisors, exiting entirely with an estimated $393K sold.

  • 82 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q1 2018, up from 80 in Q4 2017.
  • Funds reported $143M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q1 2018, up 7.4% quarter-over-quarter.
  • 10 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q1 2018 and 8 closed out, a net change of +2 holders.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q1 2018 was Karpus Investment Management, an estimated $8.56M added.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q1 2018 was Summit Trail Advisors, an estimated $393K sold.

Based on aggregated 13F filings for Q1 2018.