Nuveen California AMT-Free Quality Municipal Income Fund
NKX
46 hedge funds and large institutions have $52.6M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 45 → 46 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.3% less ownership
Funds ownership: 7.91% → 7.61% (-0.3%)
1% less capital invested
Capital invested by funds: $53.4M → $52.6M (-$758K)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
+$916K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$597K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$396K |
| 4 |
Bank of New York Mellon
New York
|
+$278K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.97M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$900K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$341K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$313K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$239K |
NKX Hedge Fund Activity: Q3 2017 in Review
46 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q3 2017, worth a combined $52.6M — down 1.4% from $53.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NKX positions and 3 closed out — a net gain of 1 holder — while 8 added to existing stakes and 14 trimmed.
The largest buyer was Van Hulzen Asset Management, opening a new position worth an estimated $916K. The largest seller was LPL Financial, cutting an estimated $1.97M.
- 46 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q3 2017, up from 45 in Q2 2017.
- Funds reported $52.6M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q3 2017, down 1.4% quarter-over-quarter.
- 4 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q3 2017 and 3 closed out, a net change of +1 holder.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q3 2017 was Van Hulzen Asset Management, an estimated $916K added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q3 2017 was LPL Financial, an estimated $1.97M sold.
Based on aggregated 13F filings for Q3 2017.