Nuveen California Quality Municipal Income Fund
119 hedge funds and large institutions have $277M invested in Nuveen California Quality Municipal Income Fund in 2021 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 36 increasing their positions, 20 reducing their positions, and 12 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 20
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
7% more funds holding
Funds holding: 111 → 119 (+8)
5% more capital invested
Capital invested by funds: $264M → $277M (+$12.6M)
0.61% more ownership
Funds ownership: 11.64% → 12.25% (+0.61%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
+$2.84M |
| 2 |
Morgan Stanley
New York
|
+$2.45M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.49M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.3M |
| 5 |
PWSG
Pacific Wealth Strategies Group
Santa Barbara,
California
|
+$687K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
C
Certuity
North Palm Beach,
Florida
|
-$1.92M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.64M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.41M |
| 4 |
JP Morgan Chase
New York
|
-$763K |
| 5 |
TFO
Tarbox Family Office
Newport Beach,
California
|
-$650K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAN
126
Cetera Advisor Networks
El Segundo,
California
| – | -$183K | -11,668 | Closed |
|
|
DY
127
Dowling & Yahnke
San Diego,
California
| – | -$182K | -11,588 | Closed |
|
|
WCMNY
128
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$49K | -3,139 | Closed |
|
|
FIA
129
FNY Investment Advisers
New York
| – | -$39K | -2,500 | Closed |
|
|
LWM
130
Liberty Wealth Management
Oakland,
California
| – | -$19K | -1,199 | Closed |
|
131
Koshinski Asset Management
Decatur,
Illinois
| – | -$6.28K | -400 | Closed |
|
NAC Hedge Fund Activity: Q4 2021 in Review
119 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q4 2021, worth a combined $277M — up 4.8% from $264M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NAC positions and 12 closed out — a net gain of 9 holders — while 36 added to existing stakes and 20 trimmed.
The largest buyer was Gerber Kawasaki Wealth & Investment Management, adding an estimated $2.84M. The largest seller was Certuity, exiting entirely with an estimated $1.92M sold.
- 119 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q4 2021, up from 111 in Q3 2021.
- Funds reported $277M of Nuveen California Quality Municipal Income Fund stock for Q4 2021, up 4.8% quarter-over-quarter.
- 21 funds opened new Nuveen California Quality Municipal Income Fund positions in Q4 2021 and 12 closed out, a net change of +9 holders.
- The largest Nuveen California Quality Municipal Income Fund buyer in Q4 2021 was Gerber Kawasaki Wealth & Investment Management, an estimated $2.84M added.
- The largest Nuveen California Quality Municipal Income Fund seller in Q4 2021 was Certuity, an estimated $1.92M sold.
Based on aggregated 13F filings for Q4 2021.