We are live on ! Find out more
NKX icon

Nuveen California AMT-Free Quality Municipal Income Fund
NKX

43 hedge funds and large institutions have $54.6M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 9

0.68% less ownership

Funds ownership: 9.86% → 9.19% (-0.68%)

9% less funds holding

Funds holding: 47 → 43 (-4)

11% less capital invested

Capital invested by funds: $61.7M → $54.6M (-$7.02M)

33% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 9

Holders
43
Holders Change
-4
Holders Change %
-8.51%
% of All Funds
1.16%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
14
Reduced
9
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
+$541K
2
VKH
Virtu KCG Holdings
New York
+$499K
3
VHAM
Van Hulzen Asset Management
California
+$295K
4
NSIM
North Star Investment Management
Illinois
+$279K
5
DA
Doliver Advisors
Texas
+$246K

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$3.13M
2
WA
Whitebox Advisors
Minnesota
-$1.51M
3
PMG
Private Management Group
California
-$632K
4
GC
Guggenheim Capital
Illinois
-$580K
5
Invesco
Invesco
Georgia
-$264K
Name Holding Trade Value Shares
Change 		Change in
Stake
DA
26
Doliver Advisors
Texas
$238K +$246K +16,811 New
DI
27
Diligent Investors
California
$219K +$5.85K +400 +3%
ACM
28
Alethea Capital Management
Washington
$191K – – –
CAN
29
Cetera Advisor Networks
California
$185K – – –
Ameriprise
30
Ameriprise
Minnesota
$181K +$187K +12,760 New
LCM
31
Landscape Capital Management
New Jersey
$174K +$179K +12,259 New
FAAS
32
First Allied Advisory Services
California
$164K +$4.11K +281 +3%
BA
33
Boston Advisors
Massachusetts
$160K – – –
PFA
34
Pure Financial Advisors
California
$144K – – –
AIG
35
American International Group
New York
$72.5K – – –
IWMPD
36
Integrated Wealth Management (Palm Desert)
California
$62K +$58.5K +4,000 +1,078%
US Bancorp
37
US Bancorp
Minnesota
$61K – – –
EWM
38
Edge Wealth Management
New York
$58K -$19K -1,300 -24%
MFS
39
MSI Financial Services
Massachusetts
$58K – – –
WT
40
Whittier Trust
California
$45K -$214K -14,622 -82%
Citigroup
41
Citigroup
New York
$30K +$3.12K +213 +11%
EMA
42
Efficient Market Advisors
California
$29K – – –
HNB
43
Huntington National Bank
Ohio
$21K -$21.9K -1,500 Closed
GAM
44
Gemmer Asset Management
California
$15K – – –
RCM
45
Rivernorth Capital Management
Florida
– -$3.13M -209,471 Closed
WA
46
Whitebox Advisors
Minnesota
– -$1.51M -101,252 Closed
RJFSA
47
Raymond James Financial Services Advisors
Florida
– -$257K -17,200 Closed
RJA
48
Raymond James & Associates
Florida
– -$216K -14,484 Closed
AA
49
AQR Arbitrage
Connecticut
– -$206K -13,760 Closed
Creative Planning
50
Creative Planning
Kansas
– -$3K -200 Closed
1
2
3

NKX Hedge Fund Activity: Q2 2015 in Review

43 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q2 2015, worth a combined $54.6M — down 11% from $61.7M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of NKX and 6 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 14 added.

The largest buyer was UBS Group, adding an estimated $541K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.13M sold.

  • 43 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q2 2015, down from 47 in Q1 2015.
  • Funds reported $54.6M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q2 2015, down 11% quarter-over-quarter.
  • 6 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q2 2015 and 9 closed out, a net change of -3 holders.
  • The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q2 2015 was UBS Group, an estimated $541K added.
  • The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q2 2015 was Rivernorth Capital Management, an estimated $3.13M sold.

Based on aggregated 13F filings for Q2 2015.