Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
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, 20 increasing their positions, 23 reducing their positions, and 12 closing their positions.
8% more capital invested
Capital invested by funds: $320M → $345M (+$24.7M)
1.51% more ownership
Funds ownership: 34.85% → 36.37% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 94 → 90 (-4)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$11.3M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$9.17M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$3.9M |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$2.41M |
| 5 |
PI
PFG Investments
Woodbury,
New York
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$3.3M |
| 2 |
Lido Advisors
Los Angeles,
California
|
-$2.69M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.13M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.68M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.39M |
NRK Hedge Fund Activity: Q1 2024 in Review
90 of the 6,958 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 7.7% from $320M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NRK and 8 opened new positions — a net loss of 4 holders — while 23 trimmed existing stakes and 20 added.
The largest buyer was Sit Investment Associates, adding an estimated $11.3M. The largest seller was Logan Stone Capital, cutting an estimated $3.3M.
- 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 7.7% 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 Logan Stone Capital, an estimated $3.3M sold.
Based on aggregated 13F filings for Q1 2024.