We are live on ! Find out more
NAC icon

Nuveen California Quality Municipal Income Fund

23 hedge funds and large institutions have $18.8M invested in Nuveen California Quality Municipal Income Fund in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 6

2% more capital invested

Capital invested by funds: $18.4M → $18.8M (+$366K)

0.34% less ownership

Funds ownership: 6.09%5.75% (-0.34%)

12% less funds holding

Funds holding: 2623 (-3)

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

Holders
23
Holders Change
-3
Holders Change %
-11.54%
% of All Funds
0.66%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
8
Reduced
6
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$4.25M -$256K -18,870 -6%
Invesco
2
Invesco
Georgia
$2.35M +$230K +16,970 +11%
WAM
3
Weiss Asset Management
Massachusetts
$2.03M +$123K +9,089 +7%
AAM
4
Advisors Asset Management
Colorado
$1.68M +$197K +14,510 +14%
U
5
UBS
Switzerland
$1.49M +$292K +21,513 +25%
Wells Fargo
6
Wells Fargo
California
$1.34M -$311K -22,916 -19%
Morgan Stanley
7
Morgan Stanley
New York
$1.1M -$118K -8,697 -10%
Goldman Sachs
8
Goldman Sachs
New York
$843K -$84.6K -6,233 -9%
LPL Financial
9
LPL Financial
California
$813K +$28.8K +2,122 +4%
AA
10
Apriem Advisors
California
$769K
First Trust Advisors
11
First Trust Advisors
Illinois
$384K +$114K +8,360 +43%
Bank of America
12
Bank of America
North Carolina
$304K -$55.6K -4,096 -16%
AQR Capital Management
13
AQR Capital Management
Connecticut
$289K -$6.94K -511 -2%
TCM
14
Tradewinds Capital Management
Washington
$272K
HCM
15
Hollencrest Capital Management
California
$258K
CCM
16
Coe Capital Management
Illinois
$225K +$30K +2,210 +16%
FAAS
17
First Allied Advisory Services
California
$164K +$11.1K +821 +7%
WT
18
Whittier Trust
California
$139K
TFO
19
Tarbox Family Office
California
$41K
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$17K
EMA
21
Efficient Market Advisors
California
$14K
DADC
22
D.A. Davidson & Co
Montana
$13K
ECM
23
ETrade Capital Management
Virginia
$10K +$9.8K +722 New
SIA
24
Sit Investment Associates
Minnesota
-$675K -52,558 Closed
SG Americas Securities
25
SG Americas Securities
New York
-$204K -15,841 Closed

NAC Hedge Fund Activity: Q1 2014 in Review

23 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q1 2014, worth a combined $18.8M — up 2% from $18.4M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of NAC and 1 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 8 added.

The largest buyer was UBS, adding an estimated $292K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $675K sold.

  • 23 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q1 2014, down from 26 in Q4 2013.
  • Funds reported $18.8M of Nuveen California Quality Municipal Income Fund stock for Q1 2014, up 2% quarter-over-quarter.
  • 1 fund opened new Nuveen California Quality Municipal Income Fund positions in Q1 2014 and 4 closed out, a net change of -3 holders.
  • The largest Nuveen California Quality Municipal Income Fund buyer in Q1 2014 was UBS, an estimated $292K added.
  • The largest Nuveen California Quality Municipal Income Fund seller in Q1 2014 was Sit Investment Associates, an estimated $675K sold.

Based on aggregated 13F filings for Q1 2014.