We are live on ! Find out more
NKX icon

Nuveen California AMT-Free Quality Municipal Income Fund
NKX

63 hedge funds and large institutions have $90.6M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

20% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 15

9% more funds holding

Funds holding: 58 → 63 (+5)

2% more capital invested

Capital invested by funds: $88.7M → $90.6M (+$1.92M)

0.04% less ownership

Funds ownership: 12.87% → 12.83% (-0.04%)

Holders
63
Holders Change
+5
Holders Change %
+8.62%
% of All Funds
1.38%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
10
Increased
18
Reduced
15
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LCM
Leisure Capital Management
California
+$2.53M
2
LWAC
Laurel Wealth Advisors (California)
California
+$1.38M
3
GC
Guggenheim Capital
Illinois
+$1M
4
FFA
First Foundation Advisors
California
+$791K
5
Morgan Stanley
Morgan Stanley
New York
+$631K

Top Sellers

Rank Fund Capital Flow
1
RCM
Robinson Capital Management
Michigan
-$2.54M
2
RCM
Rivernorth Capital Management
Florida
-$1.74M
3
KIM
Karpus Investment Management
New York
-$1.53M
4
Bank of America
Bank of America
North Carolina
-$1.13M
5
LCM
Landscape Capital Management
New Jersey
-$629K
Name Holding Trade Value Shares
Change 		Change in
Stake
Creative Planning
26
Creative Planning
Kansas
$534K +$19K +1,259 +4%
Ameriprise
27
Ameriprise
Minnesota
$506K +$123K +8,135 +32%
VHAM
28
Van Hulzen Asset Management
California
$498K – – –
MIAN
29
Mariner Independent Advisor Network
Kansas
$451K – – –
VCM
30
Vivaldi Capital Management
Illinois
$441K +$40.2K +2,662 +10%
FAAS
31
First Allied Advisory Services
California
$421K -$38.5K -2,550 -8%
PAS
32
Partnervest Advisory Services
California
$354K +$353K +23,400 New
WIA
33
World Investment Advisors
California
$348K – – –
CAN
34
Cetera Advisor Networks
California
$333K – – –
TIM
35
Tortoise Investment Management
New York
$319K -$29.5K -1,950 -8%
DI
36
Diligent Investors
California
$309K +$347 +23 +0.1%
LNWWM
37
Laird Norton Wetherby Wealth Management
California
$302K – – –
HCM
38
Hollencrest Capital Management
California
$274K – – –
CRWM
39
Castle Rock Wealth Management
California
$258K -$78.4K -5,192 -23%
Cambridge Investment Research Advisors
40
Cambridge Investment Research Advisors
Iowa
$248K – – –
ECM
41
Evergreen Capital Management
Washington
$239K +$45 +3 +0%
CIBC Private Wealth Group
42
CIBC Private Wealth Group
Georgia
$234K – – –
SWP
43
Stratos Wealth Partners
Ohio
$174K -$17.6K -1,165 -9%
BA
44
Boston Advisors
Massachusetts
$170K – – –
CFGS
45
Concourse Financial Group Securities
Alabama
$167K -$10.4K -690 -6%
RCM
46
RB Capital Management
Nevada
$154K +$152K +10,063 New
AIP
47
Ameritas Investment Partners
Nebraska
$70K +$70.3K +4,657 New
LC
48
Lindbrook Capital
California
$38K -$37.8K -2,500 -50%
RIA
49
Realta Investment Advisors
Delaware
$31K +$31K +2,053 New
ASN
50
Advisory Services Network
Georgia
$29K – – –
1
2
3

NKX Hedge Fund Activity: Q3 2019 in Review

63 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q3 2019, worth a combined $90.6M — up 2.2% from $88.7M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new NKX positions and 5 closed out — a net gain of 5 holders — while 18 added to existing stakes and 15 trimmed.

The largest buyer was Leisure Capital Management, opening a new position worth an estimated $2.53M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $2.54M sold.

  • 63 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q3 2019, up from 58 in Q2 2019.
  • Funds reported $90.6M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q3 2019, up 2.2% quarter-over-quarter.
  • 10 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q3 2019 and 5 closed out, a net change of +5 holders.
  • The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q3 2019 was Leisure Capital Management, an estimated $2.53M added.
  • The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q3 2019 was Robinson Capital Management, an estimated $2.54M sold.

Based on aggregated 13F filings for Q3 2019.