Nuveen California AMT-Free Quality Municipal Income Fund
NKX
64 hedge funds and large institutions have $83.3M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 10 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
2% more capital invested
Capital invested by funds: $81.6M → $83.3M (+$1.71M)
0.47% more ownership
Funds ownership: 14.72% → 15.19% (+0.47%)
7% less funds holding
Funds holding: 69 → 64 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.48M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.01M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$900K |
| 4 |
Morgan Stanley
New York
|
+$560K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$436K |
| 2 |
Walleye Capital
New York
|
-$436K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$322K |
| 4 |
Rockefeller Capital Management
New York
|
-$288K |
| 5 |
Mariner
Overland Park,
Kansas
|
-$208K |
NKX Hedge Fund Activity: Q2 2023 in Review
64 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q2 2023, worth a combined $83.3M — up 2.1% from $81.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NKX and 5 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 23 added.
The largest buyer was Logan Stone Capital, adding an estimated $1.48M. The largest seller was UBS Group, cutting an estimated $436K.
- 64 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q2 2023, down from 69 in Q1 2023.
- Funds reported $83.3M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q2 2023, up 2.1% quarter-over-quarter.
- 5 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q2 2023 and 10 closed out, a net change of -5 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q2 2023 was Logan Stone Capital, an estimated $1.48M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q2 2023 was UBS Group, an estimated $436K sold.
Based on aggregated 13F filings for Q2 2023.