Nuveen California Quality Municipal Income Fund
115 hedge funds and large institutions have $223M invested in Nuveen California Quality Municipal Income Fund in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 50 increasing their positions, 23 reducing their positions, and 10 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 23
0.52% less ownership
Funds ownership: 13.92% → 13.4% (-0.52%)
1% less capital invested
Capital invested by funds: $225M → $223M (-$2M)
3% less funds holding
Funds holding: 119 → 115 (-4)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.33M |
| 2 |
Morgan Stanley
New York
|
+$3.98M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.7M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.55M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.02M |
Top Sellers
| 1 |
MSL
Mackay Shields LLC
New York
|
-$18.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.52M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.94M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.37M |
| 5 |
Corient Private Wealth
Miami,
Florida
|
-$607K |
NAC Hedge Fund Activity: Q3 2025 in Review
115 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q3 2025, worth a combined $223M — down 0.89% from $225M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NAC and 9 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 50 added.
The largest buyer was Guggenheim Capital, adding an estimated $5.33M. The largest seller was Mackay Shields LLC, cutting an estimated $18.4M.
- 115 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q3 2025, down from 119 in Q2 2025.
- Funds reported $223M of Nuveen California Quality Municipal Income Fund stock for Q3 2025, down 0.89% quarter-over-quarter.
- 9 funds opened new Nuveen California Quality Municipal Income Fund positions in Q3 2025 and 10 closed out, a net change of -1 holder.
- The largest Nuveen California Quality Municipal Income Fund buyer in Q3 2025 was Guggenheim Capital, an estimated $5.33M added.
- The largest Nuveen California Quality Municipal Income Fund seller in Q3 2025 was Mackay Shields LLC, an estimated $18.4M sold.
Based on aggregated 13F filings for Q3 2025.