We are live on ! Find out more
NAC icon

Nuveen California Quality Municipal Income Fund
NAC

104 hedge funds and large institutions have $208M invested in Nuveen California Quality Municipal Income Fund in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 7

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

11% more capital invested

Capital invested by funds: $187M → $208M (+$21.4M)

11% more funds holding

Funds holding: 94 → 104 (+10)

0.42% more ownership

Funds ownership: 9.23% → 9.65% (+0.42%)

7% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 28

Holders
104
Holders Change
+10
Holders Change %
+10.64%
% of All Funds
2.05%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
18
Increased
26
Reduced
28
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Rockefeller Capital Management
Rockefeller Capital Management
New York
+$5.69M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$2.58M
3
Bank of America
Bank of America
North Carolina
+$1.12M
4
Wells Fargo
Wells Fargo
California
+$952K
5
Morgan Stanley
Morgan Stanley
New York
+$908K

Top Sellers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
-$6.18M
2
RCM
Rivernorth Capital Management
Florida
-$4.66M
3
RCM
Robinson Capital Management
Michigan
-$2.89M
4
COLIM
City of London Investment Management
United Kingdom
-$1.58M
5
LWAC
Laurel Wealth Advisors (California)
California
-$1.32M
Name Holding Trade Value Shares
Change 		Change in
Stake
Northwestern Mutual Wealth Management
76
Northwestern Mutual Wealth Management
Wisconsin
$198K +$2.75K +185 +1%
FIA
77
FNY Investment Advisers
New York
$194K -$38.8K -2,609 -17%
WCG
78
Weaver Consulting Group
California
$190K – – –
VIM
79
Vista Investment Management
Pennsylvania
$183K – – –
NL
80
NWAM LLC
Washington
$179K – – –
LCM
81
Leisure Capital Management
California
$174K – – –
SPC
82
Sigma Planning Corp
Michigan
$171K +$170K +11,475 New
Citigroup
83
Citigroup
New York
$170K – – –
Creative Planning
84
Creative Planning
Kansas
$167K +$167K +11,238 New
TIM
85
Tortoise Investment Management
New York
$164K – – –
RTC
86
Riverview Trust Company
Washington
$158K – – –
IGGA
87
Iron Gate Global Advisors
Utah
$155K +$155K +10,422 New
SFS
88
Sowell Financial Services
Arkansas
$138K – – –
SMFS
89
Squar Milner Financial Services
California
$134K +$135K +9,055 New
DTIM
90
Danda Trouve Investment Management
Kansas
$87K +$87.1K +5,860 New
SPIA
91
Steward Partners Investment Advisory
New York
$85K +$49.8K +3,350 +140%
Carson Wealth (CWM LLC)
92
Carson Wealth (CWM LLC)
Nebraska
$66K – – –
GWM
93
Geneos Wealth Management
Colorado
$55K – – –
RIA
94
Realta Investment Advisors
Delaware
$51K – – –
KPW
95
Kore Private Wealth
New York
$51K +$50.6K +3,405 New
AF
96
Allworth Financial
California
$42K -$7.9K -532 -16%
MAWCM
97
Mine & Arao Wealth Creation & Management
California
$30K +$29.7K +2,000 New
NFG
98
Next Financial Group
Texas
$22K – – –
TWP
99
TFO Wealth Partners
Ohio
$15K +$15.5K +1,046 New
PNC Financial Services Group
100
PNC Financial Services Group
Pennsylvania
$12K – – –
1 2 3
4
5

NAC Hedge Fund Activity: Q4 2019 in Review

104 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q4 2019, worth a combined $208M — up 11% from $187M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new NAC positions and 7 closed out — a net gain of 11 holders — while 26 added to existing stakes and 28 trimmed.

The largest buyer was Rockefeller Capital Management, opening a new position worth an estimated $5.69M. The largest seller was Karpus Investment Management, cutting an estimated $6.18M.

  • 104 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q4 2019, up from 94 in Q3 2019.
  • Funds reported $208M of Nuveen California Quality Municipal Income Fund stock for Q4 2019, up 11% quarter-over-quarter.
  • 18 funds opened new Nuveen California Quality Municipal Income Fund positions in Q4 2019 and 7 closed out, a net change of +11 holders.
  • The largest Nuveen California Quality Municipal Income Fund buyer in Q4 2019 was Rockefeller Capital Management, an estimated $5.69M added.
  • The largest Nuveen California Quality Municipal Income Fund seller in Q4 2019 was Karpus Investment Management, an estimated $6.18M sold.

Based on aggregated 13F filings for Q4 2019.