Nuveen California Quality Municipal Income Fund
129 hedge funds and large institutions have $281M invested in Nuveen California Quality Municipal Income Fund in 2026 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 21 reducing their positions, and 9 closing their positions.
148% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 21
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
6% more capital invested
Capital invested by funds: $266M → $281M (+$14.8M)
3% more funds holding
Funds holding: 125 → 129 (+4)
0.19% more ownership
Funds ownership: 15.34% → 15.53% (+0.19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.2M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.9M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.56M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.16M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$896K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.26M |
| 2 |
Jane Street
New York
|
-$2.18M |
| 3 |
DTC
Davidson Trust Company
Seattle,
Washington
|
-$1.75M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.42M |
| 5 |
IC
IEQ Capital
Foster City,
California
|
-$765K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WOSD
126
WFA of San Diego
San Diego,
California
| $6.87K | +$534 | +45 | +8% |
|
|
BL
127
BFSG LLC
Irvine,
California
| $6.29K | – | – | – |
|
128
Fifth Third Bancorp
Cincinnati,
Ohio
| $548 | +$558 | +47 | New |
|
|
TRCT
129
Tower Research Capital (TRC)
New York
| $198 | -$427 | -36 | -68% |
|
|
DTC
130
Davidson Trust Company
Seattle,
Washington
| – | -$1.75M | -148,098 | Closed |
|
|
IC
131
IEQ Capital
Foster City,
California
| – | -$765K | -64,754 | Closed |
|
|
KPWS
132
Kestra Private Wealth Services
Austin,
Texas
| – | -$623K | -52,725 | Closed |
|
|
PA
133
ProCore Advisors
Newport Beach,
California
| – | -$395K | -33,480 | Closed |
|
|
JWCA
134
J.W. Cole Advisors
Tampa,
Florida
| – | -$254K | -21,541 | Closed |
|
|
MG
135
Marex Group
London,
| – | -$196K | -16,600 | Closed |
|
136
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$180K | -15,266 | Closed |
|
|
AFA
137
Arlington Financial Advisors
Santa Barbara,
California
| – | -$118K | -10,023 | Closed |
|
|
CJ
138
Caitlin John
Brighton,
Michigan
| – | -$9.45K | -800 | Closed |
|
NAC Hedge Fund Activity: Q1 2026 in Review
129 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q1 2026, worth a combined $281M — up 5.5% from $266M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NAC positions and 9 closed out — a net gain of 9 holders — while 52 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.2M. The largest seller was Wells Fargo, cutting an estimated $2.26M.
- 129 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q1 2026, up from 125 in Q4 2025.
- Funds reported $281M of Nuveen California Quality Municipal Income Fund stock for Q1 2026, up 5.5% quarter-over-quarter.
- 18 funds opened new Nuveen California Quality Municipal Income Fund positions in Q1 2026 and 9 closed out, a net change of +9 holders.
- The largest Nuveen California Quality Municipal Income Fund buyer in Q1 2026 was Morgan Stanley, an estimated $10.2M added.
- The largest Nuveen California Quality Municipal Income Fund seller in Q1 2026 was Wells Fargo, an estimated $2.26M sold.
Based on aggregated 13F filings for Q1 2026.