Nuveen Georgia Quality Municipal Income Fund
NKG
NKG was delisted on the 14th of April, 2023.
29 hedge funds and large institutions have $28.2M invested in Nuveen Georgia Quality Municipal Income Fund in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 6 closing their positions.
39% more capital invested
Capital invested by funds: $20.3M → $28.2M (+$7.92M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
4% more funds holding
Funds holding: 28 → 29 (+1)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$6.43M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.31M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$952K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$610K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$576K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.34M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$580K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$493K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$485K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$427K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
26
Tortoise Investment Management
White Plains,
New York
| $30K | -$4.58K | -400 | -14% |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $20K | -$46.7K | -4,078 | -70% |
|
28
Citigroup
New York
| $17K | – | – | – |
|
|
FIA
29
FNY Investment Advisers
New York
| $1K | +$1.63K | +142 | New |
|
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$493K | -45,055 | Closed |
|
|
CRC
31
Curi RMB Capital
Chicago,
Illinois
| – | -$485K | -44,281 | Closed |
|
|
AC
32
Almitas Capital
Santa Monica,
California
| – | -$309K | -28,245 | Closed |
|
33
Geode Capital Management
Boston,
Massachusetts
| – | -$230K | -21,063 | Closed |
|
34
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$167K | -15,224 | Closed |
|
NKG Hedge Fund Activity: Q1 2019 in Review
29 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Nuveen Georgia Quality Municipal Income Fund (NKG) for Q1 2019, worth a combined $28.2M — up 39% from $20.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NKG positions and 6 closed out — a net gain of 1 holder — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $6.43M. The largest seller was Matisse Capital, cutting an estimated $2.34M.
- 29 institutional investors held Nuveen Georgia Quality Municipal Income Fund (NKG) as of Q1 2019, up from 28 in Q4 2018.
- Funds reported $28.2M of Nuveen Georgia Quality Municipal Income Fund stock for Q1 2019, up 39% quarter-over-quarter.
- 7 funds opened new Nuveen Georgia Quality Municipal Income Fund positions in Q1 2019 and 6 closed out, a net change of +1 holder.
- The largest Nuveen Georgia Quality Municipal Income Fund buyer in Q1 2019 was Saba Capital Management, an estimated $6.43M added.
- The largest Nuveen Georgia Quality Municipal Income Fund seller in Q1 2019 was Matisse Capital, an estimated $2.34M sold.
Based on aggregated 13F filings for Q1 2019.