Nuveen California AMT-Free Quality Municipal Income Fund
NKX
61 hedge funds and large institutions have $76.3M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 7 closing their positions.
0.47% more ownership
Funds ownership: 15.19% → 15.66% (+0.47%)
5% less funds holding
Funds holding: 64 → 61 (-3)
8% less capital invested
Capital invested by funds: $83.3M → $76.3M (-$6.95M)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.65M |
| 2 |
Morgan Stanley
New York
|
+$1.54M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$937K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$804K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$773K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.48M |
| 2 |
SCA
Snowden Capital Advisors
New York
|
-$755K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$591K |
| 4 |
VF
Virtu Financial
New York
|
-$270K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$255K |
NKX Hedge Fund Activity: Q3 2023 in Review
61 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q3 2023, worth a combined $76.3M — down 8.3% from $83.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NKX and 5 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 18 added.
The largest buyer was AQR Arbitrage, adding an estimated $1.65M. The largest seller was UBS Group, cutting an estimated $1.48M.
- 61 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q3 2023, down from 64 in Q2 2023.
- Funds reported $76.3M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q3 2023, down 8.3% quarter-over-quarter.
- 5 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q3 2023 and 7 closed out, a net change of -2 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q3 2023 was AQR Arbitrage, an estimated $1.65M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q3 2023 was UBS Group, an estimated $1.48M sold.
Based on aggregated 13F filings for Q3 2023.