We are live on ! Find out more
NAC icon

Nuveen California Quality Municipal Income Fund
NAC

52 hedge funds and large institutions have $81.9M invested in Nuveen California Quality Municipal Income Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 12

0.24% less ownership

Funds ownership: 4.98% → 4.74% (-0.24%)

1% less capital invested

Capital invested by funds: $82.8M → $81.9M (-$819K)

7% less funds holding

Funds holding: 56 → 52 (-4)

43% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 7

Holders
52
Holders Change
-4
Holders Change %
-7.14%
% of All Funds
1.39%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
16
Reduced
12
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
VHAM
Van Hulzen Asset Management
California
+$2.51M
2
Morgan Stanley
Morgan Stanley
New York
+$821K
3
VKH
Virtu KCG Holdings
New York
+$796K
4
AAM
Advisors Asset Management
Colorado
+$650K
5
GC
Guggenheim Capital
Illinois
+$508K

Top Sellers

Rank Fund Capital Flow
1
LCM
Laurion Capital Management
New York
-$4.07M
2
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
-$1.42M
3
UBS Group
UBS Group
Switzerland
-$1.39M
4
IA
IFP Advisors
Florida
-$713K
5
Invesco
Invesco
Georgia
-$711K
Name Holding Trade Value Shares
Change 		Change in
Stake
Stifel Financial
26
Stifel Financial
Missouri
$360K -$38.3K -2,422 -10%
JMPWA
27
JP Morgan Private Wealth Advisors
California
$347K – – –
IA
28
IFP Advisors
Florida
$291K -$713K -45,144 -68%
CWM
29
Concert Wealth Management
California
$269K +$2.24K +142 +0.9%
IWMPD
30
Integrated Wealth Management (Palm Desert)
California
$266K +$7.47K +473 +3%
CCM
31
Coe Capital Management
Illinois
$261K – – –
Commonwealth Equity Services
32
Commonwealth Equity Services
Massachusetts
$246K -$15.8K -1,002 -6%
Northwestern Mutual Wealth Management
33
Northwestern Mutual Wealth Management
Wisconsin
$237K +$35.9K +2,271 +18%
ICAS
34
Investors Capital Advisory Services
Massachusetts
$225K – – –
BEAM
35
Baker Ellis Asset Management
Washington
$204K – – –
MBT
36
Montecito Bank & Trust
California
$187K – – –
MWM
37
Mission Wealth Management
California
$187K +$183K +11,590 New
RW
38
Rand Wealth
Maryland
$171K – – –
OC
39
Oppenheimer & Co
New York
$165K +$162K +10,269 New
MA
40
MUFG Americas
New York
$141K – – –
PNC Financial Services Group
41
PNC Financial Services Group
Pennsylvania
$82K – – –
MFS
42
MSI Financial Services
Massachusetts
$70K +$18.3K +1,160 +36%
SNT
43
Security National Trust
West Virginia
$68K – – –
US Bancorp
44
US Bancorp
Minnesota
$48K +$26.7K +1,688 +134%
Deutsche Bank
45
Deutsche Bank
Germany
$46K – – –
GBBWRPM
46
Genovese Burford & Brothers Wealth & Retirement Plan Management
California
$40K – – –
SIG
47
Stanford Investment Group
California
$37K – – –
WTC
48
WhitTier Trust Company
Nevada
$34K – – –
MFW
49
Mosaic Family Wealth
Missouri
$33K – – –
GAM
50
Gemmer Asset Management
California
$16K – – –
1
2
3

NAC Hedge Fund Activity: Q1 2016 in Review

52 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q1 2016, worth a combined $81.9M — down 0.99% from $82.8M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of NAC and 4 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 16 added.

The largest buyer was Van Hulzen Asset Management, opening a new position worth an estimated $2.51M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $4.07M sold.

  • 52 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q1 2016, down from 56 in Q4 2015.
  • Funds reported $81.9M of Nuveen California Quality Municipal Income Fund stock for Q1 2016, down 0.99% quarter-over-quarter.
  • 4 funds opened new Nuveen California Quality Municipal Income Fund positions in Q1 2016 and 7 closed out, a net change of -3 holders.
  • The largest Nuveen California Quality Municipal Income Fund buyer in Q1 2016 was Van Hulzen Asset Management, an estimated $2.51M added.
  • The largest Nuveen California Quality Municipal Income Fund seller in Q1 2016 was Laurion Capital Management, an estimated $4.07M sold.

Based on aggregated 13F filings for Q1 2016.