Nuveen California AMT-Free Quality Municipal Income Fund
NKX
69 hedge funds and large institutions have $81.6M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
10% more funds holding
Funds holding: 63 → 69 (+6)
0.59% more ownership
Funds ownership: 14.13% → 14.72% (+0.59%)
1% less capital invested
Capital invested by funds: $82.6M → $81.6M (-$1.07M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.08M |
| 2 |
LCM
Leisure Capital Management
Costa Mesa,
California
|
+$1.05M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.04M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$653K |
| 5 |
Walleye Capital
New York
|
+$452K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.27M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$973K |
| 3 |
RPCA
Running Point Capital Advisors
El Segundo,
California
|
-$489K |
| 4 |
LC
Lindbrook Capital
Calabasas,
California
|
-$304K |
| 5 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$262K |
NKX Hedge Fund Activity: Q1 2023 in Review
69 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q1 2023, worth a combined $81.6M — down 1.3% from $82.6M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NKX positions and 6 closed out — a net gain of 7 holders — while 24 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.08M. The largest seller was Wells Fargo, cutting an estimated $1.27M.
- 69 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q1 2023, up from 63 in Q4 2022.
- Funds reported $81.6M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q1 2023, down 1.3% quarter-over-quarter.
- 13 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q1 2023 and 6 closed out, a net change of +7 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q1 2023 was Morgan Stanley, an estimated $1.08M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q1 2023 was Wells Fargo, an estimated $1.27M sold.
Based on aggregated 13F filings for Q1 2023.