Nuveen Georgia Quality Municipal Income Fund
NKG
NKG was delisted on the 14th of April, 2023.
27 hedge funds and large institutions have $19.2M invested in Nuveen Georgia Quality Municipal Income Fund in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 6 closing their positions.
7% less funds holding
Funds holding: 29 → 27 (-2)
9% less capital invested
Capital invested by funds: $21.1M → $19.2M (-$1.95M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
+$491K |
| 2 |
Morgan Stanley
New York
|
+$211K |
| 3 |
LPL Financial
San Diego,
California
|
+$156K |
| 4 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
+$44.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$40.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$972K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$926K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$509K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$360K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$358K |
NKG Hedge Fund Activity: Q2 2021 in Review
27 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Nuveen Georgia Quality Municipal Income Fund (NKG) for Q2 2021, worth a combined $19.2M — down 9.2% from $21.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NKG and 4 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Narwhal Capital Management, opening a new position worth an estimated $491K. The largest seller was Saba Capital Management, cutting an estimated $972K.
- 27 institutional investors held Nuveen Georgia Quality Municipal Income Fund (NKG) as of Q2 2021, down from 29 in Q1 2021.
- Funds reported $19.2M of Nuveen Georgia Quality Municipal Income Fund stock for Q2 2021, down 9.2% quarter-over-quarter.
- 4 funds opened new Nuveen Georgia Quality Municipal Income Fund positions in Q2 2021 and 6 closed out, a net change of -2 holders.
- The largest Nuveen Georgia Quality Municipal Income Fund buyer in Q2 2021 was Narwhal Capital Management, an estimated $491K added.
- The largest Nuveen Georgia Quality Municipal Income Fund seller in Q2 2021 was Saba Capital Management, an estimated $972K sold.
Based on aggregated 13F filings for Q2 2021.