Nuveen California AMT-Free Quality Municipal Income Fund
NKX
61 hedge funds and large institutions have $74.6M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
3% more funds holding
Funds holding: 59 → 61 (+2)
3% more capital invested
Capital invested by funds: $72.3M → $74.6M (+$2.28M)
0.95% more ownership
Funds ownership: 10.55% → 11.5% (+0.95%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.99M |
| 2 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$1.79M |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$1.13M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.04M |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$964K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$4.63M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$643K |
| 3 |
SG Americas Securities
New York
|
-$508K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$257K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$165K |
NKX Hedge Fund Activity: Q3 2018 in Review
61 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q3 2018, worth a combined $74.6M — up 3.2% from $72.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NKX positions and 5 closed out — a net gain of 2 holders — while 22 added to existing stakes and 16 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $1.99M. The largest seller was Laurion Capital Management, cutting an estimated $4.63M.
- 61 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q3 2018, up from 59 in Q2 2018.
- Funds reported $74.6M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q3 2018, up 3.2% quarter-over-quarter.
- 7 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q3 2018 and 5 closed out, a net change of +2 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q3 2018 was Karpus Investment Management, an estimated $1.99M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q3 2018 was Laurion Capital Management, an estimated $4.63M sold.
Based on aggregated 13F filings for Q3 2018.