Nuveen Georgia Quality Municipal Income Fund
NKG
NKG was delisted on the 14th of April, 2023.
32 hedge funds and large institutions have $20.8M invested in Nuveen Georgia Quality Municipal Income Fund in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 5 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
31% more capital invested
Capital invested by funds: $15.9M → $20.8M (+$4.91M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 33 → 32 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.46M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.32M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$331K |
| 4 |
CA
Carson Advisory
Athens,
Georgia
|
+$313K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.02M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$148K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$148K |
| 4 |
Morgan Stanley
New York
|
-$116K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$113K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $48K | – | – | – |
|
|
MA
27
Montag & Associates
Atlanta,
Georgia
| $46.8K | – | – | – |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $31.1K | +$30.4K | +3,069 | New |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $28K | – | – | – |
|
|
WPA
30
West Paces Advisors
Atlanta,
Georgia
| $20.7K | – | – | – |
|
31
Citigroup
New York
| $10 | – | – | – |
|
32
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$112K | -11,688 | Closed |
|
|
IAMOG
33
Investors Asset Management of Georgia
Atlanta,
Georgia
| – | -$90K | -9,455 | Closed |
|
34
US Bancorp
Minneapolis,
Minnesota
| – | -$15K | -1,600 | Closed |
|
|
FIA
35
FNY Investment Advisers
New York
| – | -$1K | -200 | Closed |
|
36
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -90 | Closed |
|
|
CS
37
Clear Street
New York
| – | +$69 | +7 | New |
|
NKG Hedge Fund Activity: Q4 2022 in Review
32 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Nuveen Georgia Quality Municipal Income Fund (NKG) for Q4 2022, worth a combined $20.8M — up 31% from $15.9M a quarter earlier.
Fund positioning in NKG was balanced in Q4 2022: 5 funds opened new positions, 5 closed out, 11 added to existing stakes and 7 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $3.46M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.02M.
- 32 institutional investors held Nuveen Georgia Quality Municipal Income Fund (NKG) as of Q4 2022, down from 33 in Q3 2022.
- Funds reported $20.8M of Nuveen Georgia Quality Municipal Income Fund stock for Q4 2022, up 31% quarter-over-quarter.
- 5 funds opened new Nuveen Georgia Quality Municipal Income Fund positions in Q4 2022 and 5 closed out, a net change of 0 holders.
- The largest Nuveen Georgia Quality Municipal Income Fund buyer in Q4 2022 was Sit Investment Associates, an estimated $3.46M added.
- The largest Nuveen Georgia Quality Municipal Income Fund seller in Q4 2022 was Rivernorth Capital Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q4 2022.