Nuveen California AMT-Free Quality Municipal Income Fund
NKX
39 hedge funds and large institutions have $54.8M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 9 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
0% more capital invested
Capital invested by funds: $54.6M → $54.8M (+$199K)
0.26% less ownership
Funds ownership: 9.19% → 8.93% (-0.26%)
9% less funds holding
Funds holding: 43 → 39 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$685K |
| 2 |
GWM
Gupta Wealth Management
San Diego,
California
|
+$355K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$309K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$274K |
| 5 |
LPL Financial
San Diego,
California
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.07M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
-$488K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$484K |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$458K |
| 5 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
-$286K |
NKX Hedge Fund Activity: Q3 2015 in Review
39 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q3 2015, worth a combined $54.8M — up 0.37% from $54.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NKX and 5 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Guggenheim Capital, adding an estimated $685K. The largest seller was Morgan Stanley, cutting an estimated $1.07M.
- 39 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q3 2015, down from 43 in Q2 2015.
- Funds reported $54.8M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q3 2015, up 0.37% quarter-over-quarter.
- 5 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q3 2015 and 9 closed out, a net change of -4 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q3 2015 was Guggenheim Capital, an estimated $685K added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q3 2015 was Morgan Stanley, an estimated $1.07M sold.
Based on aggregated 13F filings for Q3 2015.