Nuveen California AMT-Free Quality Municipal Income Fund
NKX
66 hedge funds and large institutions have $90.7M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
3% more funds holding
Funds holding: 64 → 66 (+2)
0.29% less ownership
Funds ownership: 15.44% → 15.15% (-0.29%)
2% less capital invested
Capital invested by funds: $92.8M → $90.7M (-$2.1M)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$1.04M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$966K |
| 3 |
Morgan Stanley
New York
|
+$963K |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$954K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Leisure Capital Management
Costa Mesa,
California
|
-$1.87M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.31M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$712K |
| 4 |
BAG
Bridgewealth Advisory Group
Fresno,
California
|
-$665K |
| 5 |
NAS
NWF Advisory Services
Los Angeles,
California
|
-$528K |
NKX Hedge Fund Activity: Q1 2025 in Review
66 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q1 2025, worth a combined $90.7M — down 2.3% from $92.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NKX positions and 6 closed out — a net gain of 2 holders — while 16 added to existing stakes and 18 trimmed.
The largest buyer was J.W. Cole Advisors, opening a new position worth an estimated $1.04M. The largest seller was Leisure Capital Management, exiting entirely with an estimated $1.87M sold.
- 66 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q1 2025, up from 64 in Q4 2024.
- Funds reported $90.7M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q1 2025, down 2.3% quarter-over-quarter.
- 8 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q1 2025 and 6 closed out, a net change of +2 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q1 2025 was J.W. Cole Advisors, an estimated $1.04M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q1 2025 was Leisure Capital Management, an estimated $1.87M sold.
Based on aggregated 13F filings for Q1 2025.