Nuveen California AMT-Free Quality Municipal Income Fund
NKX
64 hedge funds and large institutions have $99.2M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2021 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
7% more funds holding
Funds holding: 60 → 64 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.31% less ownership
Funds ownership: 13.52% → 13.21% (-0.31%)
6% less capital invested
Capital invested by funds: $105M → $99.2M (-$6.11M)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$966K |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$450K |
| 3 |
LCM
Leisure Capital Management
Costa Mesa,
California
|
+$427K |
| 4 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$407K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
C
Certuity
North Palm Beach,
Florida
|
-$1.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.15M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.07M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$734K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$675K |
NKX Hedge Fund Activity: Q4 2021 in Review
64 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q4 2021, worth a combined $99.2M — down 5.8% from $105M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NKX positions and 5 closed out — a net gain of 4 holders — while 15 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $966K. The largest seller was Certuity, exiting entirely with an estimated $1.4M sold.
- 64 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q4 2021, up from 60 in Q3 2021.
- Funds reported $99.2M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q4 2021, down 5.8% quarter-over-quarter.
- 9 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q4 2021 and 5 closed out, a net change of +4 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q4 2021 was Morgan Stanley, an estimated $966K added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q4 2021 was Certuity, an estimated $1.4M sold.
Based on aggregated 13F filings for Q4 2021.