Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
98 hedge funds and large institutions have $264M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 19 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
74% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 19
2.7% more ownership
Funds ownership: 29.3% → 32.01% (+2.7%)
2% more funds holding
Funds holding: 96 → 98 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% less capital invested
Capital invested by funds: $265M → $264M (-$844K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$16.9M |
| 2 |
SCM
Saba Capital Management
New York
|
+$3.28M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.08M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.34M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$811K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$5.89M |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$547K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$429K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$412K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$209K |
NRK Hedge Fund Activity: Q3 2023 in Review
98 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q3 2023, worth a combined $264M — down 0.32% from $265M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NRK positions and 4 closed out — a net gain of 3 holders — while 33 added to existing stakes and 19 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $16.9M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $5.89M sold.
- 98 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q3 2023, up from 96 in Q2 2023.
- Funds reported $264M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q3 2023, down 0.32% quarter-over-quarter.
- 7 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q3 2023 and 4 closed out, a net change of +3 holders.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q3 2023 was Karpus Investment Management, an estimated $16.9M added.
- The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q3 2023 was Penserra Capital Management, an estimated $5.89M sold.
Based on aggregated 13F filings for Q3 2023.