Nuveen California AMT-Free Quality Municipal Income Fund
NKX
63 hedge funds and large institutions have $90.6M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
9% more funds holding
Funds holding: 58 → 63 (+5)
2% more capital invested
Capital invested by funds: $88.7M → $90.6M (+$1.92M)
0.04% less ownership
Funds ownership: 12.87% → 12.83% (-0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Leisure Capital Management
Costa Mesa,
California
|
+$2.53M |
| 2 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
+$1.38M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
+$791K |
| 5 |
Morgan Stanley
New York
|
+$631K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.54M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.74M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.53M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.13M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$629K |
NKX Hedge Fund Activity: Q3 2019 in Review
63 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q3 2019, worth a combined $90.6M — up 2.2% from $88.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NKX positions and 5 closed out — a net gain of 5 holders — while 18 added to existing stakes and 15 trimmed.
The largest buyer was Leisure Capital Management, opening a new position worth an estimated $2.53M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $2.54M sold.
- 63 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q3 2019, up from 58 in Q2 2019.
- Funds reported $90.6M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q3 2019, up 2.2% quarter-over-quarter.
- 10 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q3 2019 and 5 closed out, a net change of +5 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q3 2019 was Leisure Capital Management, an estimated $2.53M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q3 2019 was Robinson Capital Management, an estimated $2.54M sold.
Based on aggregated 13F filings for Q3 2019.