Nuveen Georgia Quality Municipal Income Fund
NKG
NKG was delisted on the 14th of April, 2023.
28 hedge funds and large institutions have $25M invested in Nuveen Georgia Quality Municipal Income Fund in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 3 closing their positions.
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
3% less funds holding
Funds holding: 29 → 28 (-1)
11% less capital invested
Capital invested by funds: $28.2M → $25M (-$3.17M)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.71M |
| 2 |
SCM
Saba Capital Management
New York
|
+$345K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$183K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$129K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$66.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.71M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$832K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$457K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$194K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$189K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
26
SignatureFD
Atlanta,
Georgia
| $10K | +$10.2K | +837 | New |
|
|
RCM
27
Rivernorth Capital Management
West Palm Beach,
Florida
| $4.8K | +$3.71M | +305,077 | +367% |
|
|
FIA
28
FNY Investment Advisers
New York
| $2K | +$243 | +20 | +14% |
|
|
29
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$1.71M | -143,580 | Closed |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| – | -$832K | -69,802 | Closed |
|
|
COLIM
31
City of London Investment Management
London,
United Kingdom
| – | -$194K | -16,285 | Closed |
|
NKG Hedge Fund Activity: Q2 2019 in Review
28 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Nuveen Georgia Quality Municipal Income Fund (NKG) for Q2 2019, worth a combined $25M — down 11% from $28.2M a quarter earlier.
Fund positioning in NKG was balanced in Q2 2019: 3 funds opened new positions, 3 closed out, 7 added to existing stakes and 10 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.71M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $1.71M sold.
- 28 institutional investors held Nuveen Georgia Quality Municipal Income Fund (NKG) as of Q2 2019, down from 29 in Q1 2019.
- Funds reported $25M of Nuveen Georgia Quality Municipal Income Fund stock for Q2 2019, down 11% quarter-over-quarter.
- 3 funds opened new Nuveen Georgia Quality Municipal Income Fund positions in Q2 2019 and 3 closed out, a net change of 0 holders.
- The largest Nuveen Georgia Quality Municipal Income Fund buyer in Q2 2019 was Rivernorth Capital Management, an estimated $3.71M added.
- The largest Nuveen Georgia Quality Municipal Income Fund seller in Q2 2019 was Fiera Capital (Canada), an estimated $1.71M sold.
Based on aggregated 13F filings for Q2 2019.