Nuveen California AMT-Free Quality Municipal Income Fund
NKX
56 hedge funds and large institutions have $73.4M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 8 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
0.39% more ownership
Funds ownership: 12.7% → 13.08% (+0.39%)
5% less funds holding
Funds holding: 59 → 56 (-3)
6% less capital invested
Capital invested by funds: $77.8M → $73.4M (-$4.37M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.89M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$512K |
| 3 |
AWS
Atria Wealth Solutions
New York
|
+$508K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$490K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$461K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.62M |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$365K |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
-$337K |
| 4 |
TFO
Tarbox Family Office
Newport Beach,
California
|
-$260K |
| 5 |
KPW
Kore Private Wealth
New York
|
-$257K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Rockefeller Capital Management
New York
| $15K | +$17.8K | +1,339 | New |
|
|
BCM
52
Blume Capital Management
Berkeley,
California
| $14K | – | – | – |
|
|
FIA
53
FNY Investment Advisers
New York
| $10K | – | – | – |
|
|
WT
54
Whittier Trust
South Pasadena,
California
| $8K | -$5.98K | -450 | -40% |
|
|
PA
55
Parallel Advisors
San Francisco,
California
| $6K | +$80 | +6 | +1% |
|
|
OFG
56
OTA Financial Group
Purchase,
New York
| – | -$337K | -26,198 | Closed |
|
|
TFO
57
Tarbox Family Office
Newport Beach,
California
| – | -$260K | -20,160 | Closed |
|
|
KPW
58
Kore Private Wealth
New York
| – | -$257K | -19,915 | Closed |
|
|
RI
59
Ridgewood Investments
Springfield,
New Jersey
| – | -$240K | -18,659 | Closed |
|
|
MWA
60
Monograph Wealth Advisors
Manhattan Beach,
California
| – | -$156K | -12,050 | Closed |
|
|
BPWM
61
Badgley Phelps Wealth Managers
Seattle,
Washington
| – | -$150K | -11,613 | Closed |
|
|
LCM
62
Landscape Capital Management
Englewood,
New Jersey
| – | -$134K | -10,379 | Closed |
|
|
SWM
63
SeaCrest Wealth Management
Purchase,
New York
| – | -$40K | -3,083 | Closed |
|
NKX Hedge Fund Activity: Q3 2022 in Review
56 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q3 2022, worth a combined $73.4M — down 5.6% from $77.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NKX and 5 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 19 added.
The largest buyer was Morgan Stanley, adding an estimated $2.89M. The largest seller was Guggenheim Capital, cutting an estimated $1.62M.
- 56 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q3 2022, down from 59 in Q2 2022.
- Funds reported $73.4M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q3 2022, down 5.6% quarter-over-quarter.
- 5 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q3 2022 and 8 closed out, a net change of -3 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q3 2022 was Morgan Stanley, an estimated $2.89M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q3 2022 was Guggenheim Capital, an estimated $1.62M sold.
Based on aggregated 13F filings for Q3 2022.