Nuveen Georgia Quality Municipal Income Fund
NKG
NKG was delisted on the 14th of April, 2023.
30 hedge funds and large institutions have $30.3M invested in Nuveen Georgia Quality Municipal Income Fund in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
6% less capital invested
Capital invested by funds: $32.1M → $30.3M (-$1.79M)
9% less funds holding
Funds holding: 33 → 30 (-3)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$435K |
| 2 |
1W
1776 Wealth
Atlanta,
Georgia
|
+$381K |
| 3 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
+$300K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$291K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$440K |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$323K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$312K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$307K |
| 5 |
Citigroup
New York
|
-$153K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $19K | -$16.7K | -1,336 | -46% |
|
|
OPS
27
Orion Portfolio Solutions
Omaha,
Nebraska
| $19K | +$19.6K | +1,570 | New |
|
|
TIM
28
Tortoise Investment Management
White Plains,
New York
| $18K | – | – | – |
|
|
S
29
SignatureFD
Atlanta,
Georgia
| $10K | – | – | – |
|
|
CFGS
30
Concourse Financial Group Securities
Birmingham,
Alabama
| $2K | +$2.15K | +172 | New |
|
|
ACA
31
Ackerman Capital Advisors
Dallas,
Texas
| – | -$440K | -34,928 | Closed |
|
|
IAA
32
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$323K | -25,585 | Closed |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| – | -$312K | -24,753 | Closed |
|
|
MIG
34
Mariner Investment Group
Harrison,
New York
| – | -$127K | -10,090 | Closed |
|
NKG Hedge Fund Activity: Q1 2020 in Review
30 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Nuveen Georgia Quality Municipal Income Fund (NKG) for Q1 2020, worth a combined $30.3M — down 5.6% from $32.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NKG and 2 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 12 added.
The largest buyer was 1607 Capital Partners, adding an estimated $435K. The largest seller was Ackerman Capital Advisors, exiting entirely with an estimated $440K sold.
- 30 institutional investors held Nuveen Georgia Quality Municipal Income Fund (NKG) as of Q1 2020, down from 33 in Q4 2019.
- Funds reported $30.3M of Nuveen Georgia Quality Municipal Income Fund stock for Q1 2020, down 5.6% quarter-over-quarter.
- 2 funds opened new Nuveen Georgia Quality Municipal Income Fund positions in Q1 2020 and 4 closed out, a net change of -2 holders.
- The largest Nuveen Georgia Quality Municipal Income Fund buyer in Q1 2020 was 1607 Capital Partners, an estimated $435K added.
- The largest Nuveen Georgia Quality Municipal Income Fund seller in Q1 2020 was Ackerman Capital Advisors, an estimated $440K sold.
Based on aggregated 13F filings for Q1 2020.