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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
EE
101
EWG Elevate
California
$119K +$199 +18 +0.2%
CIBC Private Wealth Group
102
CIBC Private Wealth Group
Georgia
$116K
SMH
103
Sanders Morris Harris
Texas
$115K
Comerica Bank
104
Comerica Bank
Texas
$88.5K -$194K -17,543 -70%
WTC
105
WhitTier Trust Company
Nevada
$86.2K -$104K -9,388 -56%
Northwestern Mutual Wealth Management
106
Northwestern Mutual Wealth Management
Wisconsin
$82K +$78.6K +7,115 New
C
107
Covestor
United Kingdom
$58K
GRP
108
Global Retirement Partners
California
$42.5K
CJ
109
Caitlin John
Michigan
$38K +$36.5K +3,300 New
US Bancorp
110
US Bancorp
Minnesota
$28.5K -$201K -18,182 -88%
Carson Wealth (CWM LLC)
111
Carson Wealth (CWM LLC)
Nebraska
$23K
HGERS
112
Householder Group Estate & Retirement Specialist
Arizona
$21K
RIL
113
Rothschild Investment LLC
Illinois
$13.8K +$177 +16 +1%
MM
114
Main Management
California
$12K -$5.52K -500 -33%
SWA
115
SOA Wealth Advisors
New York
$10.2K +$133 +12 +1%
BL
116
BFSG LLC
California
$9.22K
CB
117
Community Bank
New York
$7.68K +$7.36K +666 New
FFA
118
Farther Finance Advisors
California
$5.12K
TRCT
119
Tower Research Capital (TRC)
New York
$231 +$110 +10 +100%
LCM
120
Landscape Capital Management
New Jersey
-$1.86M -168,884 Closed
Walleye Capital
121
Walleye Capital
New York
-$681K -61,759 Closed
CC
122
Centiva Capital
New York
-$524K -47,521 Closed
NWM
123
Napa Wealth Management
California
-$443K -40,233 Closed
Empower Advisory Group
124
Empower Advisory Group
Colorado
-$433K -39,269 Closed
AWA
125
Aquire Wealth Advisors
Utah
-$406K -36,882 Closed

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.