Nuveen California AMT-Free Quality Municipal Income Fund
NKX
45 hedge funds and large institutions have $53.4M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
0% more capital invested
Capital invested by funds: $53.2M → $53.4M (+$159K)
0% more funds holding
Funds holding: 45 → 45 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.47% less ownership
Funds ownership: 8.38% → 7.91% (-0.47%)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$968K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$265K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$233K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$176K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.55M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$831K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$461K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$416K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$220K |
NKX Hedge Fund Activity: Q2 2017 in Review
45 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q2 2017, worth a combined $53.4M — up 0.3% from $53.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new NKX positions and 1 closed out — a net gain of 1 holder — while 10 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $968K. The largest seller was LPL Financial, cutting an estimated $2.55M.
- 45 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $53.4M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q2 2017, up 0.3% quarter-over-quarter.
- 2 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q2 2017 and 1 closed out, a net change of +1 holder.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q2 2017 was Morgan Stanley, an estimated $968K added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q2 2017 was LPL Financial, an estimated $2.55M sold.
Based on aggregated 13F filings for Q2 2017.