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Nuveen California AMT-Free Quality Municipal Income Fund
NKX

64 hedge funds and large institutions have $83.3M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 20

2% more capital invested

Capital invested by funds: $81.6M → $83.3M (+$1.71M)

0.47% more ownership

Funds ownership: 14.72% → 15.19% (+0.47%)

7% less funds holding

Funds holding: 69 → 64 (-5)

50% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 10

Holders
64
Holders Change
-5
Holders Change %
-7.25%
% of All Funds
1%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
23
Reduced
20
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LSC
Logan Stone Capital
Illinois
+$1.48M
2
AA
AQR Arbitrage
Connecticut
+$1.01M
3
GC
Guggenheim Capital
Illinois
+$900K
4
Morgan Stanley
Morgan Stanley
New York
+$560K
5
WAM
Wolverine Asset Management
Illinois
+$339K

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$436K
2
Walleye Capital
Walleye Capital
New York
-$436K
3
HWAM
Hennion & Walsh Asset Management
New Jersey
-$322K
4
Rockefeller Capital Management
Rockefeller Capital Management
New York
-$288K
5
Mariner
Mariner
Kansas
-$208K
Name Holding Trade Value Shares
Change 		Change in
Stake
MA
51
Mutual Advisors
Nebraska
$161K +$159K +13,984 New
WIA
52
World Investment Advisors
California
$148K – – –
Nomura Holdings
53
Nomura Holdings
Japan
$141K +$25K +2,200 +22%
RJFSA
54
Raymond James Financial Services Advisors
Florida
$117K – – –
BWA
55
BDO Wealth Advisors
Florida
$63.9K – – –
AF
56
Allworth Financial
California
$34.6K – – –
Rockefeller Capital Management
57
Rockefeller Capital Management
New York
$15.9K -$288K -25,350 -95%
BCM
58
Blume Capital Management
California
$13.8K – – –
FIA
59
FNY Investment Advisers
New York
$10K – – –
SVCP
60
Silicon Valley Capital Partners
California
$4.55K +$45 +4 +1%
JP Morgan Chase
61
JP Morgan Chase
New York
$2.54K -$28K -2,466 -92%
WT
62
Whittier Trust
California
$2.31K -$1.73K -152 -43%
Citigroup
63
Citigroup
New York
$35 – – –
Fidelity Investments
64
Fidelity Investments
Massachusetts
$12 +$11 +1 New
Walleye Capital
65
Walleye Capital
New York
– -$436K -37,476 Closed
Susquehanna International Group
66
Susquehanna International Group
Pennsylvania
– -$183K -15,704 Closed
KCM
67
Kennicott Capital Management
California
– -$157K -13,526 Closed
Northwestern Mutual Wealth Management
68
Northwestern Mutual Wealth Management
Wisconsin
– -$139K -11,957 Closed
RCM
69
RB Capital Management
Nevada
– -$132K -11,321 Closed
MMA
70
Miracle Mile Advisors
California
– -$131K -11,265 Closed
DWM
71
Destination Wealth Management
California
– -$129K -11,100 Closed
AAS
72
Ameritas Advisory Services
Nebraska
– -$29.6K -2,599 Closed
ASN
73
Advisory Services Network
Georgia
– -$26.9K -2,309 Closed
PO
74
Private Ocean
California
– -$19.8K -1,700 Closed
1 2
3

NKX Hedge Fund Activity: Q2 2023 in Review

64 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q2 2023, worth a combined $83.3M — up 2.1% from $81.6M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of NKX and 5 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 23 added.

The largest buyer was Logan Stone Capital, adding an estimated $1.48M. The largest seller was UBS Group, cutting an estimated $436K.

  • 64 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q2 2023, down from 69 in Q1 2023.
  • Funds reported $83.3M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q2 2023, up 2.1% quarter-over-quarter.
  • 5 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q2 2023 and 10 closed out, a net change of -5 holders.
  • The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q2 2023 was Logan Stone Capital, an estimated $1.48M added.
  • The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q2 2023 was UBS Group, an estimated $436K sold.

Based on aggregated 13F filings for Q2 2023.