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Nuveen New York AMT-Free Quality Municipal Income Fund

90 hedge funds and large institutions have $345M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $327M → $345M (+$17.8M)

0.76% more ownership

Funds ownership: 35.61%36.37% (+0.76%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less funds holding

Funds holding: 9490 (-4)

21% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 24

33% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 12

Holders
90
Holders Change
-4
Holders Change %
-4.26%
% of All Funds
1.3%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
8
Increased
19
Reduced
24
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$222M +$9.17M +852,839 +4%
SIA
2
Sit Investment Associates
Minnesota
$14M +$11.3M +1,048,085 +431%
MSL
3
Mackay Shields LLC
New York
$8.55M +$2.41M +224,573 +40%
HWAM
4
Hennion & Walsh Asset Management
New Jersey
$8.16M -$1.1M -101,933 -12%
Morgan Stanley
5
Morgan Stanley
New York
$8.15M -$6.05M -562,721 -43%
HighTower Advisors
6
HighTower Advisors
Illinois
$7.3M -$58K -5,393 -0.8%
GC
7
Guggenheim Capital
Illinois
$6.79M +$511K +47,474 +8%
Deutsche Bank
8
Deutsche Bank
Germany
$6.51M
Lido Advisors
9
Lido Advisors
California
$5.92M -$2.69M -250,181 -32%
DWM
10
Dakota Wealth Management
Florida
$4.61M +$422K +39,266 +10%
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$4.19M
PCM
12
Penserra Capital Management
California
$3.94M +$3.9M +362,909 New
Bank of America
13
Bank of America
North Carolina
$3.34M +$424K +39,417 +15%
AA
14
AQR Arbitrage
Connecticut
$3.2M -$1.39M -128,915 -30%
LSC
15
Logan Stone Capital
Illinois
$3.01M -$3.3M -307,086 -53%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$2.67M +$125K +11,612 +5%
Allspring Global Investments
17
Allspring Global Investments
North Carolina
$2.33M -$934K -86,850 -29%
RCM
18
Rivernorth Capital Management
Florida
$2.3M
JP Morgan Chase
19
JP Morgan Chase
New York
$2.21M -$45.5K -4,228 -2%
Wells Fargo
20
Wells Fargo
California
$2.08M -$109K -10,121 -5%
UBS Group
21
UBS Group
Switzerland
$1.51M -$108K -10,051 -7%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$1.34M +$18.9K +1,761 +1%
WCMNY
23
Westchester Capital Management (New York)
New York
$1.26M
PI
24
PFG Investments
New York
$1.19M +$1.17M +109,025 New
FSI
25
Flow State Investments
Illinois
$1.14M +$1.13M +105,010 New

NRK Hedge Fund Activity: Q1 2024 in Review

90 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q1 2024, worth a combined $345M — up 5.4% from $327M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of NRK and 8 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 19 added.

The largest buyer was Sit Investment Associates, adding an estimated $11.3M. The largest seller was Morgan Stanley, cutting an estimated $6.05M.

  • 90 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q1 2024, down from 94 in Q4 2023.
  • Funds reported $345M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q1 2024, up 5.4% quarter-over-quarter.
  • 8 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q1 2024 and 12 closed out, a net change of -4 holders.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q1 2024 was Sit Investment Associates, an estimated $11.3M added.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $6.05M sold.

Based on aggregated 13F filings for Q1 2024.