We are live on ! Find out more
NAC icon

Nuveen California Quality Municipal Income Fund
NAC

124 hedge funds and large institutions have $287M invested in Nuveen California Quality Municipal Income Fund in 2024 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 31 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 31

50% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 12

3% more funds holding

Funds holding: 120 → 124 (+4)

2.36% less ownership

Funds ownership: 19.93% → 17.57% (-2.4%)

15% less capital invested

Capital invested by funds: $339M → $287M (-$51.9M)

Holders
124
Holders Change
+4
Holders Change %
+3.33%
% of All Funds
1.63%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
18
Increased
50
Reduced
31
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$4.62M
2
RCM
Robinson Capital Management
Michigan
+$2.36M
3
Bank of America
Bank of America
North Carolina
+$1.91M
4
GC
Guggenheim Capital
Illinois
+$1.44M
5
Rockefeller Capital Management
Rockefeller Capital Management
New York
+$952K

Top Sellers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
-$34M
2
WA
Whitebox Advisors
Minnesota
-$8.31M
3
KIM
Karpus Investment Management
New York
-$5.59M
4
RCM
Rivernorth Capital Management
Florida
-$4.43M
5
IAIM
International Assets Investment Management
Florida
-$3.36M
Name Holding Trade Value Shares
Change 		Change in
Stake
MA
76
MKT Advisors
California
$258K – – –
FFA
77
Farther Finance Advisors
California
$246K -$5.13K -444 -2%
TIM
78
Tortoise Investment Management
New York
$240K -$81.2K -7,023 -25%
AAS
79
Ameritas Advisory Services
Nebraska
$239K -$21.5K -1,857 -8%
Susquehanna International Group
80
Susquehanna International Group
Pennsylvania
$228K +$233K +20,156 New
Nomura Holdings
81
Nomura Holdings
Japan
$226K +$231K +20,000 New
MG
82
Marex Group
$220K -$608K -52,548 -73%
FAT
83
First American Trust
California
$215K – – –
Wealth Enhancement Advisory Services
84
Wealth Enhancement Advisory Services
Minnesota
$212K +$8.68K +751 +4%
PFA
85
Pure Financial Advisors
California
$205K – – –
RCM
86
RB Capital Management
Nevada
$204K -$6.76K -585 -3%
IC
87
IEQ Capital
California
$194K +$3.92K +339 +2%
PWM
88
Perigon Wealth Management
California
$185K +$16.2K +1,400 +9%
EWA
89
EP Wealth Advisors
California
$184K -$14.7K -1,273 -7%
WWM
90
Western Wealth Management
Colorado
$170K – – –
CIA
91
Choate Investment Advisors
Massachusetts
$169K – – –
WCG
92
Weaver Consulting Group
California
$169K – – –
GIM
93
Grassi Investment Management
California
$169K – – –
BWMG
94
Barnes Wealth Management Group
California
$169K +$173K +14,953 New
PA
95
Parallel Advisors
California
$156K – – –
IP
96
Intellectus Partners
California
$152K +$156K +13,500 New
XT
97
XTX Topco
Cayman Islands
$140K -$209K -18,047 -59%
KAS
98
Kestra Advisory Services
Texas
$128K +$131K +11,321 New
MFIM
99
Mesirow Financial Investment Management
Illinois
$126K +$3.25K +281 +3%
FA
100
Fermata Advisors
California
$123K – – –
2 3
4
5 6

NAC Hedge Fund Activity: Q4 2024 in Review

124 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q4 2024, worth a combined $287M — down 15% from $339M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new NAC positions and 12 closed out — a net gain of 6 holders — while 50 added to existing stakes and 31 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $4.62M. The largest seller was Saba Capital Management, exiting entirely with an estimated $34M sold.

  • 124 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q4 2024, up from 120 in Q3 2024.
  • Funds reported $287M of Nuveen California Quality Municipal Income Fund stock for Q4 2024, down 15% quarter-over-quarter.
  • 18 funds opened new Nuveen California Quality Municipal Income Fund positions in Q4 2024 and 12 closed out, a net change of +6 holders.
  • The largest Nuveen California Quality Municipal Income Fund buyer in Q4 2024 was Morgan Stanley, an estimated $4.62M added.
  • The largest Nuveen California Quality Municipal Income Fund seller in Q4 2024 was Saba Capital Management, an estimated $34M sold.

Based on aggregated 13F filings for Q4 2024.