Nuveen California AMT-Free Quality Municipal Income Fund
NKX
58 hedge funds and large institutions have $71.1M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
26% more capital invested
Capital invested by funds: $56.6M → $71.1M (+$14.6M)
21% more funds holding
Funds holding: 48 → 58 (+10)
2.17% more ownership
Funds ownership: 8.35% → 10.52% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$6.37M |
| 2 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$4.87M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.35M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.02M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.35M |
| 2 |
Millennium Management
New York
|
-$600K |
| 3 |
SG Americas Securities
New York
|
-$446K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$407K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$397K |
NKX Hedge Fund Activity: Q2 2018 in Review
58 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q2 2018, worth a combined $71.1M — up 26% from $56.6M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NKX positions and 3 closed out — a net gain of 10 holders — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $6.37M. The largest seller was Advisors Asset Management, cutting an estimated $1.35M.
- 58 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q2 2018, up from 48 in Q1 2018.
- Funds reported $71.1M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q2 2018, up 26% quarter-over-quarter.
- 13 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q2 2018 and 3 closed out, a net change of +10 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q2 2018 was Laurion Capital Management, an estimated $6.37M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q2 2018 was Advisors Asset Management, an estimated $1.35M sold.
Based on aggregated 13F filings for Q2 2018.