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Nuveen California Quality Municipal Income Fund

115 hedge funds and large institutions have $223M invested in Nuveen California Quality Municipal Income Fund in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 50 increasing their positions, 23 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 23

0.52% less ownership

Funds ownership: 13.92%13.4% (-0.52%)

1% less capital invested

Capital invested by funds: $225M → $223M (-$2M)

3% less funds holding

Funds holding: 119115 (-4)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

Holders
115
Holders Change
-4
Holders Change %
-3.36%
% of All Funds
1.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
50
Reduced
23
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCG
26
Regatta Capital Group
California
$1.45M -$203K -18,105 -13%
DADC
27
D.A. Davidson & Co
Montana
$1.42M +$268K +23,903 +24%
AF
28
Atala Financial
California
$1.2M -$54.7K -4,875 -4%
WS
29
Wedbush Securities
California
$1.06M +$67.9K +6,050 +7%
WT
30
Whittier Trust
California
$1.05M -$28.2K -2,516 -3%
Stifel Financial
31
Stifel Financial
Missouri
$969K +$96.5K +8,596 +11%
Osaic Holdings
32
Osaic Holdings
Arizona
$882K +$41.5K +3,699 +5%
Jane Street
33
Jane Street
New York
$866K +$274K +24,409 +48%
Creative Planning
34
Creative Planning
Kansas
$850K +$615K +54,780 +286%
Commonwealth Equity Services
35
Commonwealth Equity Services
Massachusetts
$775K -$40K -3,567 -5%
MA
36
Mutual Advisors
Nebraska
$761K +$15.9K +1,415 +2%
NA
37
NewEdge Advisors
Louisiana
$760K -$455K -40,549 -38%
RC
38
Rareview Capital
Nevada
$739K +$673 +60 +0.1%
IC
39
IEQ Capital
California
$735K +$569K +50,701 +384%
Cetera Investment Advisers
40
Cetera Investment Advisers
Illinois
$718K +$114K +10,154 +19%
PWSG
41
Pacific Wealth Strategies Group
California
$705K
PNC Financial Services Group
42
PNC Financial Services Group
Pennsylvania
$686K -$161K -14,337 -19%
OIM
43
Oder Investment Management
California
$669K +$14.6K +1,299 +2%
Mercer Global Advisors
44
Mercer Global Advisors
Colorado
$641K +$625K +55,700 New
VHAM
45
Van Hulzen Asset Management
California
$635K +$37K +3,300 +6%
HighTower Advisors
46
HighTower Advisors
Illinois
$604K +$45.6K +4,067 +8%
KPWS
47
Kestra Private Wealth Services
Texas
$596K +$8.19K +730 +1%
HCM
48
Hollencrest Capital Management
California
$588K -$44.1K -3,930 -7%
PCIA
49
Prime Capital Investment Advisors
Kansas
$584K -$163K -14,550 -22%
MWM
50
Melfa Wealth Management
Massachusetts
$573K

NAC Hedge Fund Activity: Q3 2025 in Review

115 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q3 2025, worth a combined $223M — down 0.89% from $225M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of NAC and 9 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 50 added.

The largest buyer was Guggenheim Capital, adding an estimated $5.33M. The largest seller was Mackay Shields LLC, cutting an estimated $18.4M.

  • 115 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q3 2025, down from 119 in Q2 2025.
  • Funds reported $223M of Nuveen California Quality Municipal Income Fund stock for Q3 2025, down 0.89% quarter-over-quarter.
  • 9 funds opened new Nuveen California Quality Municipal Income Fund positions in Q3 2025 and 10 closed out, a net change of -1 holder.
  • The largest Nuveen California Quality Municipal Income Fund buyer in Q3 2025 was Guggenheim Capital, an estimated $5.33M added.
  • The largest Nuveen California Quality Municipal Income Fund seller in Q3 2025 was Mackay Shields LLC, an estimated $18.4M sold.

Based on aggregated 13F filings for Q3 2025.