Nuveen California Quality Municipal Income Fund
56 hedge funds and large institutions have $82.8M invested in Nuveen California Quality Municipal Income Fund in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
12% more funds holding
Funds holding: 50 → 56 (+6)
8% more capital invested
Capital invested by funds: $76.7M → $82.8M (+$6.04M)
0.21% more ownership
Funds ownership: 4.77% → 4.98% (+0.21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.65M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$3.98M |
| 3 |
Morgan Stanley
New York
|
+$2.41M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.38M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$713K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$4.77M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.65M |
| 3 |
WT
Whittier Trust
South Pasadena,
California
|
-$2.52M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$305K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| $20K | -$9.22K | -609 | -33% |
|
|
GAM
52
Gemmer Asset Management
Walnut Creek,
California
| $16K | – | – | – |
|
|
AIG
53
American International Group
New York
| $8K | +$6.1K | +403 | +317% |
|
54
Citigroup
New York
| $6K | -$14.5K | -956 | -72% |
|
|
ADL
55
Asset Dedication LLC
San Francisco,
California
| $3K | +$2.63K | +174 | New |
|
|
WP
56
WealthPLAN Partners
Omaha,
Nebraska
| $60 | +$57.8K | +3,820 | New |
|
|
DIA
57
Denver Investment Advisors
Denver,
Colorado
| – | -$150K | -10,000 | Closed |
|
58
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$18K | -1,219 | Closed |
|
|
RFA
59
Reilly Financial Advisors
La Mesa,
California
| – | -$17K | -1,126 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$4K | -252 | Closed |
|
NAC Hedge Fund Activity: Q4 2015 in Review
56 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q4 2015, worth a combined $82.8M — up 7.9% from $76.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NAC positions and 4 closed out — a net gain of 6 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was LPL Financial, adding an estimated $4.65M. The largest seller was CIBC Private Wealth Group, cutting an estimated $4.77M.
- 56 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q4 2015, up from 50 in Q3 2015.
- Funds reported $82.8M of Nuveen California Quality Municipal Income Fund stock for Q4 2015, up 7.9% quarter-over-quarter.
- 10 funds opened new Nuveen California Quality Municipal Income Fund positions in Q4 2015 and 4 closed out, a net change of +6 holders.
- The largest Nuveen California Quality Municipal Income Fund buyer in Q4 2015 was LPL Financial, an estimated $4.65M added.
- The largest Nuveen California Quality Municipal Income Fund seller in Q4 2015 was CIBC Private Wealth Group, an estimated $4.77M sold.
Based on aggregated 13F filings for Q4 2015.