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Nuveen California Quality Municipal Income Fund

119 hedge funds and large institutions have $420M invested in Nuveen California Quality Municipal Income Fund in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 44 increasing their positions, 32 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 32

1% less capital invested

Capital invested by funds: $426M → $420M (-$5.79M)

1.54% less ownership

Funds ownership: 26.73%25.2% (-1.5%)

6% less funds holding

Funds holding: 127119 (-8)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

43% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 14

Holders
119
Holders Change
-8
Holders Change %
-6.3%
% of All Funds
1.72%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
8
Increased
44
Reduced
32
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
OIM
51
Oder Investment Management
California
$536K +$16.9K +1,527 +3%
EW
52
Evoke Wealth
California
$534K -$961K -86,974 -65%
EHC
53
Everett Harris & Co
California
$530K
MG
54
Marex Group
$519K +$497K +45,000 New
CFG
55
Cooper Financial Group
California
$477K +$5.34K +483 +1%
AA
56
Apriem Advisors
California
$474K -$188K -17,000 -29%
IWC
57
Integrated Wealth Concepts
Massachusetts
$456K +$685 +62 +0.2%
HighTower Advisors
58
HighTower Advisors
Illinois
$438K +$80.2K +7,260 +24%
CWP
59
Core Wealth Partners
California
$433K
AWS
60
Atria Wealth Solutions
New York
$429K +$50.8K +4,600 +14%
DADC
61
D.A. Davidson & Co
Montana
$415K -$272K -24,616 -41%
TIM
62
Tortoise Investment Management
New York
$391K
Stifel Financial
63
Stifel Financial
Missouri
$390K +$115K +10,407 +44%
SFS
64
Sowell Financial Services
Arkansas
$385K +$453 +41 +0.1%
TJHA
65
Thomas J. Herzfeld Advisors
Florida
$369K +$78K +7,062 +28%
BCWM
66
Bartlett & Co Wealth Management
Ohio
$341K -$45.3K -4,100 -12%
RF
67
RHS Financial
California
$336K +$19.6K +1,777 +6%
IAIM
68
International Assets Investment Management
Florida
$318K +$11K +1,000 +4%
Nomura Holdings
69
Nomura Holdings
Japan
$312K +$66.3K +6,000 +28%
WFA
70
Wellspring Financial Advisors
Ohio
$307K
CRWM
71
Castle Rock Wealth Management
California
$294K
SCA
72
Snowden Capital Advisors
New York
$282K +$5.52K +500 +2%
MA
73
MKT Advisors
California
$268K
AAS
74
Ameritas Advisory Services
Nebraska
$265K +$177 +16 +0.1%
OC
75
Oppenheimer & Co
New York
$241K +$53.9K +4,876 +30%

NAC Hedge Fund Activity: Q2 2024 in Review

119 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q2 2024, worth a combined $420M — down 1.4% from $426M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of NAC and 8 opened new positions — a net loss of 6 holders — while 32 trimmed existing stakes and 44 added.

The largest buyer was Mackay Shields LLC, adding an estimated $18.6M. The largest seller was Saba Capital Management, cutting an estimated $12M.

  • 119 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q2 2024, down from 127 in Q1 2024.
  • Funds reported $420M of Nuveen California Quality Municipal Income Fund stock for Q2 2024, down 1.4% quarter-over-quarter.
  • 8 funds opened new Nuveen California Quality Municipal Income Fund positions in Q2 2024 and 14 closed out, a net change of -6 holders.
  • The largest Nuveen California Quality Municipal Income Fund buyer in Q2 2024 was Mackay Shields LLC, an estimated $18.6M added.
  • The largest Nuveen California Quality Municipal Income Fund seller in Q2 2024 was Saba Capital Management, an estimated $12M sold.

Based on aggregated 13F filings for Q2 2024.