Nuveen Georgia Quality Municipal Income Fund
NKG
NKG was delisted on the 14th of April, 2023.
33 hedge funds and large institutions have $26.4M invested in Nuveen Georgia Quality Municipal Income Fund in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 32 → 33 (+1)
12% less capital invested
Capital invested by funds: $30.1M → $26.4M (-$3.66M)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$287K |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$153K |
| 3 |
FCCM
First City Capital Management
Savannah,
Georgia
|
+$147K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$123K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$51.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.3M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.06M |
| 3 |
SCM
Saba Capital Management
New York
|
-$955K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$451K |
| 5 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
-$190K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EP
26
Eudaimonia Partners
Winchester,
Tennessee
| $54K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $34K | +$34.7K | +2,789 | New |
|
28
UBS Group
Zurich,
Switzerland
| $19K | – | – | – |
|
|
TIM
29
Tortoise Investment Management
White Plains,
New York
| $18K | – | – | – |
|
30
Citigroup
New York
| $17K | -$3.3K | -265 | -16% |
|
|
PFWA
31
Paces Ferry Wealth Advisors
Atlanta,
Georgia
| $12K | +$12K | +962 | New |
|
|
BCA
32
Berman Capital Advisors
Atlanta,
Georgia
| $12K | +$12.4K | +1,000 | New |
|
|
CFGS
33
Concourse Financial Group Securities
Birmingham,
Alabama
| $2K | – | – | – |
|
|
RCM
34
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$451K | -36,848 | Closed |
|
|
TFCP
35
Twin Focus Capital Partners
Boston,
Massachusetts
| – | -$190K | -15,557 | Closed |
|
|
RJFSA
36
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$124K | -10,203 | Closed |
|
|
PAG
37
Private Advisor Group
Morristown,
New Jersey
| – | -$34K | -2,801 | Closed |
|
|
OPS
38
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$9K | -761 | Closed |
|
NKG Hedge Fund Activity: Q3 2020 in Review
33 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Nuveen Georgia Quality Municipal Income Fund (NKG) for Q3 2020, worth a combined $26.4M — down 12% from $30.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NKG positions and 5 closed out — a net gain of 1 holder — while 7 added to existing stakes and 12 trimmed.
The largest buyer was Ackerman Capital Advisors, opening a new position worth an estimated $287K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.3M.
- 33 institutional investors held Nuveen Georgia Quality Municipal Income Fund (NKG) as of Q3 2020, up from 32 in Q2 2020.
- Funds reported $26.4M of Nuveen Georgia Quality Municipal Income Fund stock for Q3 2020, down 12% quarter-over-quarter.
- 6 funds opened new Nuveen Georgia Quality Municipal Income Fund positions in Q3 2020 and 5 closed out, a net change of +1 holder.
- The largest Nuveen Georgia Quality Municipal Income Fund buyer in Q3 2020 was Ackerman Capital Advisors, an estimated $287K added.
- The largest Nuveen Georgia Quality Municipal Income Fund seller in Q3 2020 was Rivernorth Capital Management, an estimated $1.3M sold.
Based on aggregated 13F filings for Q3 2020.