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Nuveen California AMT-Free Quality Municipal Income Fund
NKX

60 hedge funds and large institutions have $105M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 14

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.83% less ownership

Funds ownership: 14.35% → 13.52% (-0.83%)

5% less capital invested

Capital invested by funds: $111M → $105M (-$5.83M)

9% less funds holding

Funds holding: 66 → 60 (-6)

67% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 9

Holders
60
Holders Change
-6
Holders Change %
-9.09%
% of All Funds
1.05%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
3
Increased
21
Reduced
14
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
HWAM
Hennion & Walsh Asset Management
New Jersey
+$1.09M
2
CC
Claybrook Capital
Massachusetts
+$808K
3
Morgan Stanley
Morgan Stanley
New York
+$504K
4
GC
Guggenheim Capital
Illinois
+$394K
5
Wells Fargo
Wells Fargo
California
+$343K

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$3.36M
2
UBS Group
UBS Group
Switzerland
-$3.08M
3
FFA
First Foundation Advisors
California
-$1.19M
4
RCM
Robinson Capital Management
Michigan
-$1.09M
5
WT
Whittier Trust
California
-$621K
Name Holding Trade Value Shares
Change 		Change in
Stake
IC
26
Intersect Capital
California
$503K – – –
WIA
27
World Investment Advisors
California
$442K +$98.1K +5,970 +29%
Ameriprise
28
Ameriprise
Minnesota
$440K -$13.4K -818 -3%
RI
29
Ridgewood Investments
New Jersey
$437K – – –
COLIM
30
City of London Investment Management
United Kingdom
$429K – – –
Creative Planning
31
Creative Planning
Kansas
$423K +$3.11K +189 +0.7%
VHAM
32
Van Hulzen Asset Management
California
$415K -$148 -9 -0%
GJIC
33
Gamble Jones Investment Counsel
California
$361K – – –
DI
34
Diligent Investors
California
$336K – – –
SWP
35
Stratos Wealth Partners
Ohio
$336K +$148K +9,000 +78%
TFO
36
Tarbox Family Office
California
$330K – – –
LNWWM
37
Laird Norton Wetherby Wealth Management
California
$328K – – –
FAT
38
First American Trust
California
$320K – – –
Cambridge Investment Research Advisors
39
Cambridge Investment Research Advisors
Iowa
$311K -$54.8K -3,334 -15%
Stifel Financial
40
Stifel Financial
Missouri
$253K – – –
GPC
41
Garrison Point Capital
California
$246K – – –
MMA
42
Miracle Mile Advisors
California
$230K +$329 +20 +0.1%
CAN
43
Cetera Advisor Networks
California
$215K -$128K -7,791 -37%
TIM
44
Tortoise Investment Management
New York
$215K – – –
RCM
45
RB Capital Management
Nevada
$211K +$1.61K +98 +0.8%
FNWM
46
Financial Network Wealth Management
Utah
$200K – – –
WP
47
WealthSource Partners
California
$192K +$1.54K +94 +0.8%
BPWM
48
Badgley Phelps Wealth Managers
Washington
$190K +$191K +11,613 New
CFGS
49
Concourse Financial Group Securities
Alabama
$189K – – –
BWA
50
BDO Wealth Advisors
Florida
$181K – – –
1
2
3

NKX Hedge Fund Activity: Q3 2021 in Review

60 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q3 2021, worth a combined $105M — down 5.2% from $111M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of NKX and 3 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 21 added.

The largest buyer was Hennion & Walsh Asset Management, adding an estimated $1.09M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.36M.

  • 60 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q3 2021, down from 66 in Q2 2021.
  • Funds reported $105M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q3 2021, down 5.2% quarter-over-quarter.
  • 3 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q3 2021 and 9 closed out, a net change of -6 holders.
  • The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q3 2021 was Hennion & Walsh Asset Management, an estimated $1.09M added.
  • The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q3 2021 was Rivernorth Capital Management, an estimated $3.36M sold.

Based on aggregated 13F filings for Q3 2021.