Nuveen Georgia Quality Municipal Income Fund
NKG
NKG was delisted on the 14th of April, 2023.
33 hedge funds and large institutions have $32.1M invested in Nuveen Georgia Quality Municipal Income Fund in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
39% more capital invested
Capital invested by funds: $23.1M → $32.1M (+$9.07M)
18% more funds holding
Funds holding: 28 → 33 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.68M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$610K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$524K |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$319K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.33M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$325K |
| 3 |
Goldman Sachs
New York
|
-$161K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$47.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$45.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $130K | +$822 | +66 | +0.6% |
|
|
MIG
27
Mariner Investment Group
Harrison,
New York
| $127K | – | – | – |
|
|
RIA
28
Realta Investment Advisors
Wilmington,
Delaware
| $121K | – | – | – |
|
|
EP
29
Eudaimonia Partners
Winchester,
Tennessee
| $56K | +$55.4K | +4,448 | New |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $38K | – | – | – |
|
|
31
UBS Group
Zurich,
Switzerland
| $37K | -$45.6K | -3,664 | -56% |
|
|
TIM
32
Tortoise Investment Management
White Plains,
New York
| $19K | – | – | – |
|
|
S
33
SignatureFD
Atlanta,
Georgia
| $11K | – | – | – |
|
|
LCM
34
Landscape Capital Management
Englewood,
New Jersey
| – | -$325K | -26,221 | Closed |
|
|
35
Goldman Sachs
New York
| – | -$161K | -12,969 | Closed |
|
NKG Hedge Fund Activity: Q4 2019 in Review
33 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Nuveen Georgia Quality Municipal Income Fund (NKG) for Q4 2019, worth a combined $32.1M — up 39% from $23.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NKG positions and 2 closed out — a net gain of 6 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.68M. The largest seller was Saba Capital Management, cutting an estimated $2.33M.
- 33 institutional investors held Nuveen Georgia Quality Municipal Income Fund (NKG) as of Q4 2019, up from 28 in Q3 2019.
- Funds reported $32.1M of Nuveen Georgia Quality Municipal Income Fund stock for Q4 2019, up 39% quarter-over-quarter.
- 8 funds opened new Nuveen Georgia Quality Municipal Income Fund positions in Q4 2019 and 2 closed out, a net change of +6 holders.
- The largest Nuveen Georgia Quality Municipal Income Fund buyer in Q4 2019 was Rivernorth Capital Management, an estimated $1.68M added.
- The largest Nuveen Georgia Quality Municipal Income Fund seller in Q4 2019 was Saba Capital Management, an estimated $2.33M sold.
Based on aggregated 13F filings for Q4 2019.