Nuveen California Quality Municipal Income Fund
107 hedge funds and large institutions have $236M invested in Nuveen California Quality Municipal Income Fund in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 33 reducing their positions, and 23 closing their positions.
0.14% more ownership
Funds ownership: 13.09% → 13.23% (+0.14%)
3% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 33
5% less capital invested
Capital invested by funds: $248M → $236M (-$12.8M)
9% less funds holding
Funds holding: 118 → 107 (-11)
43% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 23
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$6.94M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.71M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.09M |
| 4 |
Morgan Stanley
New York
|
+$2.55M |
| 5 |
HPWA
Hall Private Wealth Advisors
Waxhaw,
North Carolina
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWSG
Pacific Wealth Strategies Group
Santa Barbara,
California
|
-$6.81M |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$3.6M |
| 3 |
RCG
Regatta Capital Group
El Segundo,
California
|
-$1.97M |
| 4 |
MCA
Magnolia Capital Advisors
Jackson,
Mississippi
|
-$1.28M |
| 5 |
WT
Whittier Trust
South Pasadena,
California
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCC
126
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$13K | -1,016 | Closed |
|
|
MPWT
127
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$8K | -628 | Closed |
|
128
Koshinski Asset Management
Decatur,
Illinois
| – | -$5.25K | -400 | Closed |
|
|
UWM
129
Urban Wealth Management
El Segundo,
California
| – | +$12 | +1 | New |
|
NAC Hedge Fund Activity: Q2 2022 in Review
107 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q2 2022, worth a combined $236M — down 5.2% from $248M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of NAC and 13 opened new positions — a net loss of 10 holders — while 33 trimmed existing stakes and 32 added.
The largest buyer was Mariner Independent Advisor Network, adding an estimated $6.94M. The largest seller was Pacific Wealth Strategies Group, cutting an estimated $6.81M.
- 107 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q2 2022, down from 118 in Q1 2022.
- Funds reported $236M of Nuveen California Quality Municipal Income Fund stock for Q2 2022, down 5.2% quarter-over-quarter.
- 13 funds opened new Nuveen California Quality Municipal Income Fund positions in Q2 2022 and 23 closed out, a net change of -10 holders.
- The largest Nuveen California Quality Municipal Income Fund buyer in Q2 2022 was Mariner Independent Advisor Network, an estimated $6.94M added.
- The largest Nuveen California Quality Municipal Income Fund seller in Q2 2022 was Pacific Wealth Strategies Group, an estimated $6.81M sold.
Based on aggregated 13F filings for Q2 2022.