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Nuveen California Quality Municipal Income Fund

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: 120124 (+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
Name Holding Trade Value Shares
Change
Change in
Stake
Carson Wealth (CWM LLC)
101
Carson Wealth (CWM LLC)
Nebraska
$123K +$44.9K +3,882 +55%
CW
102
CreativeOne Wealth
Kansas
$122K
RTC
103
Riverview Trust Company
Washington
$120K
SA
104
Strategic Advocates
Utah
$117K
HF
105
HRT Financial
New York
$116K +$119K +10,309 New
NBWM
106
North Berkeley Wealth Management
California
$115K +$117K +10,161 New
LFG
107
Larson Financial Group
Missouri
$113K
SMH
108
Sanders Morris Harris
Texas
$113K
CIBC Private Wealth Group
109
CIBC Private Wealth Group
Georgia
$113K
MCM
110
MAI Capital Management
Ohio
$100K +$103K +8,900 New
BBPWM
111
Blue Bell Private Wealth Management
Pennsylvania
$90.6K -$8.09K -700 -8%
Comerica Bank
112
Comerica Bank
Texas
$59.1K -$28.2K -2,436 -32%
WTC
113
WhitTier Trust Company
Nevada
$51.4K -$22.3K -1,930 -30%
GRP
114
Global Retirement Partners
California
$41.6K
CJ
115
Caitlin John
Michigan
$38.4K +$1.16K +100 +3%
US Bancorp
116
US Bancorp
Minnesota
$32.5K +$3.47K +300 +12%
SVCP
117
Silicon Valley Capital Partners
California
$19.6K +$20.1K +1,737 New
AG
118
AmeriFlex Group
Nevada
$15.9K +$16.2K +1,400 New
RIL
119
Rothschild Investment LLC
Illinois
$14.1K +$277 +24 +2%
MM
120
Main Management
California
$11K
SWA
121
SOA Wealth Advisors
New York
$10.4K +$266 +23 +3%
IA
122
IFP Advisors
Florida
$9.56K +$9.79K +847 New
BL
123
BFSG LLC
California
$5.64K -$3.47K -300 -38%
TRCT
124
Tower Research Capital (TRC)
New York
$553 +$335 +29 +145%
SCM
125
Saba Capital Management
New York
-$34M -2,856,097 Closed

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.