Nuveen California AMT-Free Quality Municipal Income Fund
NKX
66 hedge funds and large institutions have $107M invested in Nuveen California AMT-Free Quality Municipal Income Fund in 2025 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 7 reducing their positions, and 6 closing their positions.
271% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 7
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
2% more funds holding
Funds holding: 65 → 66 (+1)
3% more capital invested
Capital invested by funds: $103M → $107M (+$3.37M)
0.22% less ownership
Funds ownership: 17.12% → 16.9% (-0.22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$5.68M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.39M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$772K |
| 4 |
Morgan Stanley
New York
|
+$663K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$3.13M |
| 2 |
MA
MKT Advisors
Escondido,
California
|
-$517K |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$441K |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
-$349K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$247K |
NKX Hedge Fund Activity: Q4 2025 in Review
66 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Nuveen California AMT-Free Quality Municipal Income Fund (NKX) for Q4 2025, worth a combined $107M — up 3.3% from $103M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NKX positions and 6 closed out — a net gain of 2 holders — while 26 added to existing stakes and 7 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $5.68M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $3.13M sold.
- 66 institutional investors held Nuveen California AMT-Free Quality Municipal Income Fund (NKX) as of Q4 2025, up from 65 in Q3 2025.
- Funds reported $107M of Nuveen California AMT-Free Quality Municipal Income Fund stock for Q4 2025, up 3.3% quarter-over-quarter.
- 8 funds opened new Nuveen California AMT-Free Quality Municipal Income Fund positions in Q4 2025 and 6 closed out, a net change of +2 holders.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund buyer in Q4 2025 was Advisors Asset Management, an estimated $5.68M added.
- The largest Nuveen California AMT-Free Quality Municipal Income Fund seller in Q4 2025 was Fiera Capital (Canada), an estimated $3.13M sold.
Based on aggregated 13F filings for Q4 2025.