NXN: 1607 Capital reports 5.45% stake, 214,012 shares in 13G/A
Nuveen New York Select Tax‑Free Income Portfolio (NXN) reported a change in ownership: 1607 Capital Partners, LLC filed Schedule 13G/A (Amendment No. 4) disclosing beneficial ownership of 214,012 shares, representing 5.45% of the class as of 09/30/2025.
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Rhea-AI Filing Summary
Nuveen New York Select Tax‑Free Income Portfolio (NXN) reported a change in ownership: 1607 Capital Partners, LLC filed Schedule 13G/A (Amendment No. 4) disclosing beneficial ownership of 214,012 shares, representing 5.45% of the class as of 09/30/2025.
1607 Capital reports sole voting power over 214,012 shares and sole dispositive power over 214,012 shares, with no shared voting or dispositive power. The filer is classified as an investment adviser and certified the holdings were acquired and are held in the ordinary course of business, not to change or influence control. The filing was signed by Chief Compliance Officer Kevin Rutherford.
Insights
Passive 5.45% stake disclosed; routine ownership update.
1607 Capital Partners filed a Schedule 13G/A noting beneficial ownership of 214,012 shares of NXN, equal to 5.45% as of 09/30/2025. The firm holds sole voting and dispositive power over the same share count, indicating centralized control of the position.
The 13G certification states the position is held in the ordinary course and not for the purpose of influencing control, which characterizes the filing as passive. No transaction terms or cash flows are involved; this is an ownership disclosure.
Subsequent filings may update the percentage if share counts or holdings change. Actual market impact depends on future portfolio decisions by the holder.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.