Nuveen California AMT-Free Quality Municipal Income Fund
NKX
67 hedge funds and large institutions have $103M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
14% more capital invested
Capital invested by funds: $91.1M → $103M (+$12.4M)
5% more funds holding
Funds holding: 64 → 67 (+3)
0.73% more ownership
Funds ownership: 15.32% → 16.05% (+0.73%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.89M |
| 2 |
EW
Evoke Wealth
Los Angeles,
California
|
+$1.7M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$737K |
| 4 |
BAG
Bridgewealth Advisory Group
Fresno,
California
|
+$557K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$500K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.17M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$673K |
| 3 |
BZWA
Blue Zone Wealth Advisors
Los Angeles,
California
|
-$615K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$209K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$174K |
NKX Hedge Fund Activity: Q3 2024 in Review
67 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q3 2024, worth a combined $103M — up 14% from $91.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NKX positions and 2 closed out — a net gain of 3 holders — while 24 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.89M. The largest seller was AQR Arbitrage, cutting an estimated $1.17M.
- 67 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q3 2024, up from 64 in Q2 2024.
- Funds reported $103M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q3 2024, up 14% quarter-over-quarter.
- 5 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q3 2024 and 2 closed out, a net change of +3 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q3 2024 was Morgan Stanley, an estimated $1.89M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q3 2024 was AQR Arbitrage, an estimated $1.17M sold.
Based on aggregated 13F filings for Q3 2024.