Nuveen California Quality Municipal Income Fund
54 hedge funds and large institutions have $77.5M invested in Nuveen California Quality Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 8 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
2% more capital invested
Capital invested by funds: $76.2M → $77.5M (+$1.27M)
0.03% more ownership
Funds ownership: 4.72% → 4.75% (+0.03%)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
2% less funds holding
Funds holding: 55 → 54 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.81M |
| 2 |
Morgan Stanley
New York
|
+$656K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$648K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$579K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.89M |
| 2 |
SG Americas Securities
New York
|
-$819K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$593K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$390K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$331K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
51
Gemmer Asset Management
Walnut Creek,
California
| $16K | – | – | – |
|
|
AIG
52
American International Group
New York
| $8.43K | – | – | – |
|
|
53
Northern Trust
Chicago,
Illinois
| $3K | +$285K | +18,623 | New |
|
|
54
SG Americas Securities
New York
| – | -$819K | -54,408 | Closed |
|
|
NPC
55
National Planning Corporation
El Segundo,
California
| – | -$149K | -9,799 | Closed |
|
|
RFA
56
Reilly Financial Advisors
La Mesa,
California
| – | -$135K | -9,000 | Closed |
|
|
TFO
57
Tarbox Family Office
Newport Beach,
California
| – | -$53K | -3,523 | Closed |
|
|
BRWA
58
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$52 | -3,486 | Closed |
|
|
PFG
59
Pacific Financial Group
Bellevue,
Washington
| – | -$25K | -1,650 | Closed |
|
|
BKA
60
Brick & Kyle Associates
Newtown,
Pennsylvania
| – | -$23K | -1,506 | Closed |
|
|
TRCT
61
Tower Research Capital (TRC)
New York
| – | +$245 | +16 | New |
|
|
CWM
62
Concert Wealth Management
San Jose,
California
| – | +$50.3K | +3,280 | +26% |
|
NAC Hedge Fund Activity: Q1 2015 in Review
54 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q1 2015, worth a combined $77.5M — up 1.7% from $76.2M a quarter earlier.
Fund positioning in NAC was balanced in Q1 2015: 8 funds opened new positions, 8 closed out, 16 added to existing stakes and 12 trimmed.
The largest buyer was UBS Group, adding an estimated $3.81M. The largest seller was Guggenheim Capital, cutting an estimated $3.89M.
- 54 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q1 2015, down from 55 in Q4 2014.
- Funds reported $77.5M of Nuveen California Quality Municipal Income Fund stock for Q1 2015, up 1.7% quarter-over-quarter.
- 8 funds opened new Nuveen California Quality Municipal Income Fund positions in Q1 2015 and 8 closed out, a net change of 0 holders.
- The largest Nuveen California Quality Municipal Income Fund buyer in Q1 2015 was UBS Group, an estimated $3.81M added.
- The largest Nuveen California Quality Municipal Income Fund seller in Q1 2015 was Guggenheim Capital, an estimated $3.89M sold.
Based on aggregated 13F filings for Q1 2015.