Nuveen California AMT-Free Quality Municipal Income Fund
NKX
64 hedge funds and large institutions have $92.8M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2024 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 9 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
0.61% less ownership
Funds ownership: 16.05% → 15.44% (-0.61%)
4% less funds holding
Funds holding: 67 → 64 (-3)
10% less capital invested
Capital invested by funds: $103M → $92.8M (-$10.6M)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.78M |
| 2 |
NAS
NWF Advisory Services
Los Angeles,
California
|
+$548K |
| 3 |
LPL Financial
San Diego,
California
|
+$482K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$433K |
| 5 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
+$354K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Regatta Capital Group
El Segundo,
California
|
-$2.9M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.15M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.86M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.43M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.16M |
NKX Hedge Fund Activity: Q4 2024 in Review
64 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q4 2024, worth a combined $92.8M — down 10% from $103M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NKX and 8 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 23 added.
The largest buyer was Morgan Stanley, adding an estimated $1.78M. The largest seller was Regatta Capital Group, exiting entirely with an estimated $2.9M sold.
- 64 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q4 2024, down from 67 in Q3 2024.
- Funds reported $92.8M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q4 2024, down 10% quarter-over-quarter.
- 8 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q4 2024 and 9 closed out, a net change of -1 holder.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q4 2024 was Morgan Stanley, an estimated $1.78M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q4 2024 was Regatta Capital Group, an estimated $2.9M sold.
Based on aggregated 13F filings for Q4 2024.