Nuveen California AMT-Free Quality Municipal Income Fund
NKX
46 hedge funds and large institutions have $67.1M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 6 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
13% more capital invested
Capital invested by funds: $59.2M → $67.1M (+$7.93M)
2% more funds holding
Funds holding: 45 → 46 (+1)
0.72% more ownership
Funds ownership: 10.16% → 10.88% (+0.72%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.94M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.06M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.05M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$516K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$364K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.82M |
| 2 |
Cohen & Steers
New York
|
-$776K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$694K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$500K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$352K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OFG
51
OTA Financial Group
Purchase,
New York
| – | -$268K | -19,704 | Closed |
|
52
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$202K | -14,500 | Closed |
|
|
OC
53
Oppenheimer & Co
New York
| – | -$168K | -12,028 | Closed |
|
NKX Hedge Fund Activity: Q4 2014 in Review
46 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q4 2014, worth a combined $67.1M — up 13% from $59.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NKX positions and 6 closed out — a net gain of 2 holders — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.94M. The largest seller was Thomas J. Herzfeld Advisors, exiting entirely with an estimated $1.82M sold.
- 46 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q4 2014, up from 45 in Q3 2014.
- Funds reported $67.1M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q4 2014, up 13% quarter-over-quarter.
- 8 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q4 2014 and 6 closed out, a net change of +2 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q4 2014 was Morgan Stanley, an estimated $1.94M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q4 2014 was Thomas J. Herzfeld Advisors, an estimated $1.82M sold.
Based on aggregated 13F filings for Q4 2014.