Nuveen California AMT-Free Quality Municipal Income Fund
NKX
69 hedge funds and large institutions have $88.2M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 13 reducing their positions, and 9 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 13
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
8% more funds holding
Funds holding: 64 → 69 (+5)
0.5% more ownership
Funds ownership: 13.21% → 13.71% (+0.5%)
11% less capital invested
Capital invested by funds: $99.2M → $88.2M (-$11M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.07M |
| 2 |
Morgan Stanley
New York
|
+$805K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$803K |
| 4 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$610K |
| 5 |
KCM
Kennicott Capital Management
Corte Madera,
California
|
+$511K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.66M |
| 2 |
LCM
Leisure Capital Management
Costa Mesa,
California
|
-$713K |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$441K |
| 4 |
WIA
World Investment Advisors
Santa Barbara,
California
|
-$279K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$258K |
NKX Hedge Fund Activity: Q1 2022 in Review
69 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q1 2022, worth a combined $88.2M — down 11% from $99.2M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NKX positions and 9 closed out — a net gain of 6 holders — while 22 added to existing stakes and 13 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.07M. The largest seller was UBS Group, cutting an estimated $3.66M.
- 69 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q1 2022, up from 64 in Q4 2021.
- Funds reported $88.2M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q1 2022, down 11% quarter-over-quarter.
- 15 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q1 2022 and 9 closed out, a net change of +6 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q1 2022 was Rivernorth Capital Management, an estimated $2.07M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q1 2022 was UBS Group, an estimated $3.66M sold.
Based on aggregated 13F filings for Q1 2022.