We are live on ! Find out more
NAC icon

Nuveen California Quality Municipal Income Fund
NAC

104 hedge funds and large institutions have $258M invested in Nuveen California Quality Municipal Income Fund in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $227M → $258M (+$30.7M)

1.02% more ownership

Funds ownership: 11.47% → 12.49% (+1%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

8% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 36

5% less funds holding

Funds holding: 109 → 104 (-5)

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

Holders
104
Holders Change
-5
Holders Change %
-4.59%
% of All Funds
2.13%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.06%
New
8
Increased
33
Reduced
36
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$10.3M
2
Morgan Stanley
Morgan Stanley
New York
+$8.53M
3
GC
Guggenheim Capital
Illinois
+$6.43M
4
Wells Fargo
Wells Fargo
California
+$4.03M
5
SW
SteelPeak Wealth
California
+$577K

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$2.05M
2
G
GenTrust
Florida
-$1.45M
3
LCM
Landscape Capital Management
New Jersey
-$881K
4
AIC
Ameritas Investment Company
Nebraska
-$761K
5
AA
AQR Arbitrage
Connecticut
-$688K
Name Holding Trade Value Shares
Change 		Change in
Stake
AIP
101
Ameritas Investment Partners
Nebraska
$10K – – –
DI
102
Disciplined Investments
Oklahoma
$10K +$10.2K +732 New
ETI
103
Enterprise Trust & Investment
California
$6K – – –
LWS
104
Lucia Wealth Services
California
$3K – – –
LCM
105
Landscape Capital Management
New Jersey
– -$881K -64,358 Closed
AIC
106
Ameritas Investment Company
Nebraska
– -$761K -58,441 Closed
BF
107
BOK Financial
Oklahoma
– -$411K -30,000 Closed
Goldman Sachs
108
Goldman Sachs
New York
– -$201K -14,650 Closed
FIA
109
FNY Investment Advisers
New York
– -$172K -12,626 Closed
PFA
110
Pure Financial Advisors
California
– -$166K -12,103 Closed
LCM
111
Leisure Capital Management
California
– -$160K -11,693 Closed
SMFS
112
Squar Milner Financial Services
California
– -$123K -9,055 Closed
DTIM
113
Danda Trouve Investment Management
Kansas
– -$81K -5,921 Closed
NFG
114
Next Financial Group
Texas
– -$21K -1,500 Closed
GI
115
Gradient Investments
Minnesota
– -$7K -536 Closed
BCM
116
Blume Capital Management
California
– -$5K -371 Closed
1 2 3 4
5

NAC Hedge Fund Activity: Q2 2020 in Review

104 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q2 2020, worth a combined $258M — up 14% from $227M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of NAC and 8 opened new positions — a net loss of 5 holders — while 36 trimmed existing stakes and 33 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $10.3M. The largest seller was Bank of America, cutting an estimated $2.05M.

  • 104 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q2 2020, down from 109 in Q1 2020.
  • Funds reported $258M of Nuveen California Quality Municipal Income Fund stock for Q2 2020, up 14% quarter-over-quarter.
  • 8 funds opened new Nuveen California Quality Municipal Income Fund positions in Q2 2020 and 13 closed out, a net change of -5 holders.
  • The largest Nuveen California Quality Municipal Income Fund buyer in Q2 2020 was Rivernorth Capital Management, an estimated $10.3M added.
  • The largest Nuveen California Quality Municipal Income Fund seller in Q2 2020 was Bank of America, an estimated $2.05M sold.

Based on aggregated 13F filings for Q2 2020.