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Nuveen New York AMT-Free Quality Municipal Income Fund

87 hedge funds and large institutions have $285M invested in Nuveen New York AMT-Free Quality Municipal Income Fund in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 24 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 24

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3.94% less ownership

Funds ownership: 35.67%31.73% (-3.9%)

7% less funds holding

Funds holding: 9487 (-7)

12% less capital invested

Capital invested by funds: $325M → $285M (-$40.3M)

54% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 13

Holders
87
Holders Change
-7
Holders Change %
-7.45%
% of All Funds
1.17%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
25
Reduced
24
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$185M -$13.8M -1,310,546 -7%
GC
2
Guggenheim Capital
Illinois
$9.94M +$1.5M +142,972 +17%
MSL
3
Mackay Shields LLC
New York
$8.22M
Wells Fargo
4
Wells Fargo
California
$6.51M +$777K +73,855 +13%
Deutsche Bank
5
Deutsche Bank
Germany
$6.17M
Morgan Stanley
6
Morgan Stanley
New York
$5.57M -$1.47M -139,776 -21%
RCM
7
Robinson Capital Management
Michigan
$4.97M +$526K +50,000 +12%
DWM
8
Dakota Wealth Management
Florida
$4.71M -$3.63K -345 -0.1%
HighTower Advisors
9
HighTower Advisors
Illinois
$4.5M -$2.76K -262 -0.1%
Lido Advisors
10
Lido Advisors
California
$4.15M
Bank of America
11
Bank of America
North Carolina
$3.58M -$661K -62,836 -15%
CC
12
CF Capital
Massachusetts
$3.56M +$276K +26,195 +8%
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$3.27M -$713K -67,778 -18%
SIA
14
Sit Investment Associates
Minnesota
$3.18M -$6.33M -601,153 -66%
PI
15
PFG Investments
New York
$2.65M +$865K +82,218 +47%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$2.6M +$60.3K +5,734 +2%
UBS Group
17
UBS Group
Switzerland
$2.57M +$172K +16,368 +7%
HWAM
18
Hennion & Walsh Asset Management
New Jersey
$2.46M -$1.95M -185,070 -44%
RCM
19
Rivernorth Capital Management
Florida
$1.8M
Allspring Global Investments
20
Allspring Global Investments
North Carolina
$1.51M
Stifel Financial
21
Stifel Financial
Missouri
$1.22M +$522K +49,563 +72%
JP Morgan Chase
22
JP Morgan Chase
New York
$1.22M +$8.42K +800 +0.7%
LWM
23
Lionshead Wealth Management
New York
$805K -$103K -9,827 -11%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$748K +$37.8K +3,594 +5%
HKAM
25
Horizon Kinetics Asset Management
New York
$736K

NRK Hedge Fund Activity: Q1 2025 in Review

87 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) for Q1 2025, worth a combined $285M — down 12% from $325M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of NRK and 6 opened new positions — a net loss of 7 holders — while 24 trimmed existing stakes and 25 added.

The largest buyer was Guggenheim Capital, adding an estimated $1.5M. The largest seller was Karpus Investment Management, cutting an estimated $13.8M.

  • 87 institutional investors held Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) as of Q1 2025, down from 94 in Q4 2024.
  • Funds reported $285M of Nuveen New York AMT-Free Quality Municipal Income Fund stock for Q1 2025, down 12% quarter-over-quarter.
  • 6 funds opened new Nuveen New York AMT-Free Quality Municipal Income Fund positions in Q1 2025 and 13 closed out, a net change of -7 holders.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund buyer in Q1 2025 was Guggenheim Capital, an estimated $1.5M added.
  • The largest Nuveen New York AMT-Free Quality Municipal Income Fund seller in Q1 2025 was Karpus Investment Management, an estimated $13.8M sold.

Based on aggregated 13F filings for Q1 2025.