Nuveen California AMT-Free Quality Municipal Income Fund
NKX
64 hedge funds and large institutions have $91.1M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 8 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
1.43% less ownership
Funds ownership: 16.75% → 15.32% (-1.4%)
6% less capital invested
Capital invested by funds: $96.7M → $91.1M (-$5.59M)
9% less funds holding
Funds holding: 70 → 64 (-6)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.32M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$643K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$358K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$276K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.61M |
| 2 |
EW
Evoke Wealth
Los Angeles,
California
|
-$1.55M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.45M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.38M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$986K |
NKX Hedge Fund Activity: Q2 2024 in Review
64 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q2 2024, worth a combined $91.1M — down 5.8% from $96.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NKX and 4 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 21 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.32M. The largest seller was Fiera Capital (Canada), cutting an estimated $1.61M.
- 64 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q2 2024, down from 70 in Q1 2024.
- Funds reported $91.1M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q2 2024, down 5.8% quarter-over-quarter.
- 4 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q2 2024 and 8 closed out, a net change of -4 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q2 2024 was Guggenheim Capital, an estimated $1.32M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q2 2024 was Fiera Capital (Canada), an estimated $1.61M sold.
Based on aggregated 13F filings for Q2 2024.