Nuveen California AMT-Free Quality Municipal Income Fund
NKX
66 hedge funds and large institutions have $111M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 7 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
8% more capital invested
Capital invested by funds: $103M → $111M (+$8.26M)
0.34% more ownership
Funds ownership: 14.01% → 14.35% (+0.34%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 69 → 66 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.33M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$864K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$827K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$625K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$585K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
-$760K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$630K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$442K |
| 4 |
PWSG
Pacific Wealth Strategies Group
Santa Barbara,
California
|
-$312K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$308K |
NKX Hedge Fund Activity: Q2 2021 in Review
66 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q2 2021, worth a combined $111M — up 8% from $103M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NKX and 4 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 22 added.
The largest buyer was Morgan Stanley, adding an estimated $1.33M. The largest seller was Claybrook Capital, exiting entirely with an estimated $760K sold.
- 66 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q2 2021, down from 69 in Q1 2021.
- Funds reported $111M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q2 2021, up 8% quarter-over-quarter.
- 4 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q2 2021 and 7 closed out, a net change of -3 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q2 2021 was Morgan Stanley, an estimated $1.33M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q2 2021 was Claybrook Capital, an estimated $760K sold.
Based on aggregated 13F filings for Q2 2021.