Nuveen California AMT-Free Quality Municipal Income Fund
NKX
70 hedge funds and large institutions have $96.7M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
10% more capital invested
Capital invested by funds: $87.8M → $96.7M (+$8.94M)
4% more funds holding
Funds holding: 67 → 70 (+3)
0.75% more ownership
Funds ownership: 15.99% → 16.75% (+0.75%)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EW
Evoke Wealth
Los Angeles,
California
|
+$1.75M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.05M |
| 3 |
Morgan Stanley
New York
|
+$1.02M |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$913K |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$811K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.2M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$971K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$767K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$528K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$517K |
NKX Hedge Fund Activity: Q1 2024 in Review
70 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q1 2024, worth a combined $96.7M — up 10% from $87.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NKX positions and 7 closed out — a net gain of 3 holders — while 21 added to existing stakes and 24 trimmed.
The largest buyer was Evoke Wealth, opening a new position worth an estimated $1.75M. The largest seller was Fiera Capital (Canada), cutting an estimated $1.2M.
- 70 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q1 2024, up from 67 in Q4 2023.
- Funds reported $96.7M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q1 2024, up 10% quarter-over-quarter.
- 10 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q1 2024 and 7 closed out, a net change of +3 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q1 2024 was Evoke Wealth, an estimated $1.75M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q1 2024 was Fiera Capital (Canada), an estimated $1.2M sold.
Based on aggregated 13F filings for Q1 2024.