Nuveen California AMT-Free Quality Municipal Income Fund
NKX
43 hedge funds and large institutions have $54.6M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 9 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
0.68% less ownership
Funds ownership: 9.86% → 9.19% (-0.68%)
9% less funds holding
Funds holding: 47 → 43 (-4)
11% less capital invested
Capital invested by funds: $61.7M → $54.6M (-$7.02M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$541K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$499K |
| 3 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
+$295K |
| 4 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$279K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$246K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.13M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$1.51M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
-$632K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$580K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$264K |
NKX Hedge Fund Activity: Q2 2015 in Review
43 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q2 2015, worth a combined $54.6M — down 11% from $61.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NKX and 6 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was UBS Group, adding an estimated $541K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.13M sold.
- 43 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q2 2015, down from 47 in Q1 2015.
- Funds reported $54.6M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q2 2015, down 11% quarter-over-quarter.
- 6 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q2 2015 and 9 closed out, a net change of -3 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q2 2015 was UBS Group, an estimated $541K added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q2 2015 was Rivernorth Capital Management, an estimated $3.13M sold.
Based on aggregated 13F filings for Q2 2015.