Nuveen Georgia Quality Municipal Income Fund
NKG
NKG was delisted on the 14th of April, 2023.
36 hedge funds and large institutions have $25.8M invested in Nuveen Georgia Quality Municipal Income Fund in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
24% more capital invested
Capital invested by funds: $20.8M → $25.8M (+$5.04M)
13% more funds holding
Funds holding: 32 → 36 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.4M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$942K |
| 3 |
SCM
Saba Capital Management
New York
|
+$629K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$580K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$413K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$562K |
| 2 |
CA
Carson Advisory
Athens,
Georgia
|
-$240K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$48K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$41.3K |
| 5 |
MA
Montag & Associates
Atlanta,
Georgia
|
-$36.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $146K | +$148K | +14,515 | New |
|
27
Stifel Financial
St. Louis,
Missouri
| $132K | +$2.43K | +239 | +2% |
|
28
LPL Financial
San Diego,
California
| $122K | +$224 | +22 | +0.2% |
|
29
Ameriprise
Minneapolis,
Minnesota
| $112K | -$35.6K | -3,498 | -24% |
|
|
AMBIA
30
Allen Mooney & Barnes Investment Advisors
Thomasville,
Georgia
| $103K | +$31 | +3 | +0% |
|
|
ASN
31
Advisory Services Network
Atlanta,
Georgia
| $31.2K | – | – | – |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $29K | – | – | – |
|
|
WPA
33
West Paces Advisors
Atlanta,
Georgia
| $20.8K | – | – | – |
|
|
MA
34
Montag & Associates
Atlanta,
Georgia
| $10.4K | -$36.6K | -3,600 | -78% |
|
|
FIA
35
FNY Investment Advisers
New York
| $2K | +$2.03K | +200 | New |
|
36
Citigroup
New York
| $10 | – | – | – |
|
|
IA
37
IFP Advisors
Tampa,
Florida
| – | -$48K | -4,220 | Closed |
|
NKG Hedge Fund Activity: Q1 2023 in Review
36 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Nuveen Georgia Quality Municipal Income Fund (NKG) for Q1 2023, worth a combined $25.8M — up 24% from $20.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NKG positions and 2 closed out — a net gain of 4 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.4M. The largest seller was Morgan Stanley, cutting an estimated $562K.
- 36 institutional investors held Nuveen Georgia Quality Municipal Income Fund (NKG) as of Q1 2023, up from 32 in Q4 2022.
- Funds reported $25.8M of Nuveen Georgia Quality Municipal Income Fund stock for Q1 2023, up 24% quarter-over-quarter.
- 6 funds opened new Nuveen Georgia Quality Municipal Income Fund positions in Q1 2023 and 2 closed out, a net change of +4 holders.
- The largest Nuveen Georgia Quality Municipal Income Fund buyer in Q1 2023 was Sit Investment Associates, an estimated $2.4M added.
- The largest Nuveen Georgia Quality Municipal Income Fund seller in Q1 2023 was Morgan Stanley, an estimated $562K sold.
Based on aggregated 13F filings for Q1 2023.