Nuveen Georgia Quality Municipal Income Fund
NKG
NKG was delisted on the 14th of April, 2023.
21 hedge funds and large institutions have $8.62M invested in Nuveen Georgia Quality Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 7 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
4% less capital invested
Capital invested by funds: $9.02M → $8.62M (-$392K)
16% less funds holding
Funds holding: 25 → 21 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNB
City National Bank
Beverly Hills,
California
|
+$334K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$202K |
| 3 |
LPL Financial
San Diego,
California
|
+$93.7K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$60.6K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$46.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$408K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$261K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$186K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$183K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$152K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| – | -$118K | -9,431 | Closed |
|
|
FCCM
27
First City Capital Management
Savannah,
Georgia
| – | -$96.2K | -7,652 | Closed |
|
28
Envestnet Asset Management
Chicago,
Illinois
| – | -$5K | -400 | Closed |
|
NKG Hedge Fund Activity: Q1 2015 in Review
21 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen Georgia Quality Municipal Income Fund (NKG) for Q1 2015, worth a combined $8.62M — down 4.3% from $9.02M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NKG and 3 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was City National Bank, opening a new position worth an estimated $334K. The largest seller was AQR Capital Management, exiting entirely with an estimated $408K sold.
- 21 institutional investors held Nuveen Georgia Quality Municipal Income Fund (NKG) as of Q1 2015, down from 25 in Q4 2014.
- Funds reported $8.62M of Nuveen Georgia Quality Municipal Income Fund stock for Q1 2015, down 4.3% quarter-over-quarter.
- 3 funds opened new Nuveen Georgia Quality Municipal Income Fund positions in Q1 2015 and 7 closed out, a net change of -4 holders.
- The largest Nuveen Georgia Quality Municipal Income Fund buyer in Q1 2015 was City National Bank, an estimated $334K added.
- The largest Nuveen Georgia Quality Municipal Income Fund seller in Q1 2015 was AQR Capital Management, an estimated $408K sold.
Based on aggregated 13F filings for Q1 2015.