Nuveen Georgia Quality Municipal Income Fund
NKG
NKG was delisted on the 14th of April, 2023.
32 hedge funds and large institutions have $30.1M invested in Nuveen Georgia Quality Municipal Income Fund in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
7% more funds holding
Funds holding: 30 → 32 (+2)
1% less capital invested
Capital invested by funds: $30.3M → $30.1M (-$233K)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$634K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$430K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$331K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$201K |
| 5 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.76M |
| 2 |
SCM
Saba Capital Management
New York
|
-$560K |
| 3 |
1W
1776 Wealth
Atlanta,
Georgia
|
-$361K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$188K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$172K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EP
26
Eudaimonia Partners
Winchester,
Tennessee
| $54K | – | – | – |
|
|
PAG
27
Private Advisor Group
Morristown,
New Jersey
| $34K | +$33.2K | +2,801 | New |
|
28
Citigroup
New York
| $20K | -$12.5K | -1,059 | -39% |
|
29
UBS Group
Zurich,
Switzerland
| $19K | – | – | – |
|
|
TIM
30
Tortoise Investment Management
White Plains,
New York
| $18K | – | – | – |
|
|
OPS
31
Orion Portfolio Solutions
Omaha,
Nebraska
| $9K | -$9.58K | -809 | -52% |
|
|
CFGS
32
Concourse Financial Group Securities
Birmingham,
Alabama
| $2K | – | – | – |
|
|
33
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$188K | -15,819 | Closed |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$172K | -14,513 | Closed |
|
|
S
35
SignatureFD
Atlanta,
Georgia
| – | -$10K | -837 | Closed |
|
NKG Hedge Fund Activity: Q2 2020 in Review
32 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Georgia Quality Municipal Income Fund (NKG) for Q2 2020, worth a combined $30.1M — down 0.77% from $30.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NKG positions and 3 closed out — a net gain of 2 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Janney Montgomery Scott, adding an estimated $634K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.76M.
- 32 institutional investors held Nuveen Georgia Quality Municipal Income Fund (NKG) as of Q2 2020, up from 30 in Q1 2020.
- Funds reported $30.1M of Nuveen Georgia Quality Municipal Income Fund stock for Q2 2020, down 0.77% quarter-over-quarter.
- 5 funds opened new Nuveen Georgia Quality Municipal Income Fund positions in Q2 2020 and 3 closed out, a net change of +2 holders.
- The largest Nuveen Georgia Quality Municipal Income Fund buyer in Q2 2020 was Janney Montgomery Scott, an estimated $634K added.
- The largest Nuveen Georgia Quality Municipal Income Fund seller in Q2 2020 was Rivernorth Capital Management, an estimated $1.76M sold.
Based on aggregated 13F filings for Q2 2020.