Nuveen Georgia Quality Municipal Income Fund
NKG
NKG was delisted on the 14th of April, 2023.
28 hedge funds and large institutions have $23.1M invested in Nuveen Georgia Quality Municipal Income Fund in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
0% more funds holding
Funds holding: 28 → 28 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
8% less capital invested
Capital invested by funds: $25M → $23.1M (-$1.97M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.51M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$498K |
| 3 |
TNB
Thomasville National Bank
Thomasville,
Georgia
|
+$312K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$262K |
| 5 |
Goldman Sachs
New York
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.23M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$163K |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
-$159K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$132K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$30.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $17K | – | – | – |
|
|
S
27
SignatureFD
Atlanta,
Georgia
| $10K | – | – | – |
|
|
RCM
28
Rivernorth Capital Management
West Palm Beach,
Florida
| $6.32K | +$1.51M | +121,218 | +31% |
|
|
AA
29
AQR Arbitrage
Greenwich,
Connecticut
| – | -$163K | -13,142 | Closed |
|
|
30
Mercer Global Advisors
Denver,
Colorado
| – | -$159K | -12,860 | Closed |
|
|
31
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$132K | -10,640 | Closed |
|
|
FIA
32
FNY Investment Advisers
New York
| – | -$2K | -162 | Closed |
|
NKG Hedge Fund Activity: Q3 2019 in Review
28 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Nuveen Georgia Quality Municipal Income Fund (NKG) for Q3 2019, worth a combined $23.1M — down 7.9% from $25M a quarter earlier.
Fund positioning in NKG was balanced in Q3 2019: 4 funds opened new positions, 4 closed out, 9 added to existing stakes and 3 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.51M. The largest seller was Saba Capital Management, cutting an estimated $3.23M.
- 28 institutional investors held Nuveen Georgia Quality Municipal Income Fund (NKG) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $23.1M of Nuveen Georgia Quality Municipal Income Fund stock for Q3 2019, down 7.9% quarter-over-quarter.
- 4 funds opened new Nuveen Georgia Quality Municipal Income Fund positions in Q3 2019 and 4 closed out, a net change of 0 holders.
- The largest Nuveen Georgia Quality Municipal Income Fund buyer in Q3 2019 was Rivernorth Capital Management, an estimated $1.51M added.
- The largest Nuveen Georgia Quality Municipal Income Fund seller in Q3 2019 was Saba Capital Management, an estimated $3.23M sold.
Based on aggregated 13F filings for Q3 2019.