Nuveen California AMT-Free Quality Municipal Income Fund
NKX
45 hedge funds and large institutions have $51.5M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.93% less ownership
Funds ownership: 7.61% → 6.68% (-0.93%)
2% less capital invested
Capital invested by funds: $52.6M → $51.5M (-$1.13M)
2% less funds holding
Funds holding: 46 → 45 (-1)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.08M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$1.01M |
| 3 |
LPL Financial
San Diego,
California
|
+$358K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$235K |
| 5 |
PWSG
Pacific Wealth Strategies Group
Santa Barbara,
California
|
+$171K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.02M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$706K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$469K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$279K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$195K |
NKX Hedge Fund Activity: Q4 2017 in Review
45 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q4 2017, worth a combined $51.5M — down 2.1% from $52.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NKX and 3 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 12 added.
The largest buyer was Morgan Stanley, adding an estimated $1.08M. The largest seller was Advisors Asset Management, cutting an estimated $1.02M.
- 45 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q4 2017, down from 46 in Q3 2017.
- Funds reported $51.5M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q4 2017, down 2.1% quarter-over-quarter.
- 3 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q4 2017 and 4 closed out, a net change of -1 holder.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q4 2017 was Morgan Stanley, an estimated $1.08M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q4 2017 was Advisors Asset Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q4 2017.