Nuveen Georgia Quality Municipal Income Fund
NKG
NKG was delisted on the 14th of April, 2023.
29 hedge funds and large institutions have $25.2M invested in Nuveen Georgia Quality Municipal Income Fund in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 7 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
5% less capital invested
Capital invested by funds: $26.4M → $25.2M (-$1.21M)
12% less funds holding
Funds holding: 33 → 29 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$313K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$268K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$234K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$228K |
| 5 |
EM
Excalibur Management
Waltham,
Massachusetts
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.69M |
| 2 |
SCM
Saba Capital Management
New York
|
-$953K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$853K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$197K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
26
Montag & Associates
Atlanta,
Georgia
| $24K | +$22.8K | +1,817 | New |
|
|
TIM
27
Tortoise Investment Management
White Plains,
New York
| $20K | – | – | – |
|
|
CFGS
28
Concourse Financial Group Securities
Birmingham,
Alabama
| $2K | – | – | – |
|
|
FCCM
29
First City Capital Management
Savannah,
Georgia
| – | -$145K | -11,826 | Closed |
|
30
Goldman Sachs
New York
| – | -$126K | -10,350 | Closed |
|
|
MC
31
Matisse Capital
Portland,
Oregon
| – | -$126K | -10,300 | Closed |
|
|
UCFA
32
United Capital Financial Advisors
Irving,
Texas
| – | -$122K | -10,000 | Closed |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| – | -$120K | -9,856 | Closed |
|
34
Citigroup
New York
| – | -$17.5K | -1,400 | -100% |
|
|
BCA
35
Berman Capital Advisors
Atlanta,
Georgia
| – | -$12K | -1,000 | Closed |
|
|
PFWA
36
Paces Ferry Wealth Advisors
Atlanta,
Georgia
| – | -$12K | -962 | Closed |
|
NKG Hedge Fund Activity: Q4 2020 in Review
29 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Nuveen Georgia Quality Municipal Income Fund (NKG) for Q4 2020, worth a combined $25.2M — down 4.6% from $26.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NKG and 3 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $313K. The largest seller was Sit Investment Associates, cutting an estimated $1.69M.
- 29 institutional investors held Nuveen Georgia Quality Municipal Income Fund (NKG) as of Q4 2020, down from 33 in Q3 2020.
- Funds reported $25.2M of Nuveen Georgia Quality Municipal Income Fund stock for Q4 2020, down 4.6% quarter-over-quarter.
- 3 funds opened new Nuveen Georgia Quality Municipal Income Fund positions in Q4 2020 and 7 closed out, a net change of -4 holders.
- The largest Nuveen Georgia Quality Municipal Income Fund buyer in Q4 2020 was Northwestern Mutual Wealth Management, an estimated $313K added.
- The largest Nuveen Georgia Quality Municipal Income Fund seller in Q4 2020 was Sit Investment Associates, an estimated $1.69M sold.
Based on aggregated 13F filings for Q4 2020.