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Nuveen California Quality Municipal Income Fund

54 hedge funds and large institutions have $77.5M invested in Nuveen California Quality Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 12

2% more capital invested

Capital invested by funds: $76.2M → $77.5M (+$1.27M)

0.03% more ownership

Funds ownership: 4.72%4.75% (+0.03%)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

2% less funds holding

Funds holding: 5554 (-1)

Holders
54
Holders Change
-1
Holders Change %
-1.82%
% of All Funds
1.44%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
16
Reduced
12
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$16.6M +$3.81M +248,821 +30%
GC
2
Guggenheim Capital
Illinois
$12.2M -$3.89M -253,590 -24%
Morgan Stanley
3
Morgan Stanley
New York
$7.34M +$656K +42,768 +10%
Invesco
4
Invesco
Georgia
$5.5M -$331K -21,576 -6%
WT
5
Whittier Trust
California
$4.61M -$131K -8,543 -3%
LPL Financial
6
LPL Financial
California
$4.42M +$90.5K +5,907 +2%
AAM
7
Advisors Asset Management
Colorado
$4.39M -$593K -38,658 -12%
Bank of America
8
Bank of America
North Carolina
$2.84M -$390K -25,419 -12%
Wells Fargo
9
Wells Fargo
California
$2.8M +$263K +17,174 +10%
Goldman Sachs
10
Goldman Sachs
New York
$1.95M +$12.3K +800 +0.6%
CS
11
Credit Suisse
Switzerland
$1.85M +$648K +42,250 +54%
MSL
12
Mackay Shields LLC
New York
$1.13M
AA
13
Apriem Advisors
California
$956K -$90.3K -5,893 -9%
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$854K -$30.8K -2,007 -3%
TCM
15
Tradewinds Capital Management
Washington
$850K
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$844K +$9.58K +625 +1%
HCM
17
Hollencrest Capital Management
California
$818K -$66.7K -4,353 -8%
First Trust Advisors
18
First Trust Advisors
Illinois
$720K +$8.69K +567 +1%
FAAS
19
First Allied Advisory Services
California
$660K -$11.3K -739 -2%
DA
20
Doliver Advisors
Texas
$513K +$579K +37,788 New
Creative Planning
21
Creative Planning
Kansas
$507K +$15.9K +1,040 +3%
HighTower Advisors
22
HighTower Advisors
Illinois
$499K
DADC
23
D.A. Davidson & Co
Montana
$391K +$129K +8,400 +49%
FFA
24
First Foundation Advisors
California
$349K
WS
25
Wedbush Securities
California
$329K +$43K +2,802 +15%

NAC Hedge Fund Activity: Q1 2015 in Review

54 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q1 2015, worth a combined $77.5M — up 1.7% from $76.2M a quarter earlier.

Fund positioning in NAC was balanced in Q1 2015: 8 funds opened new positions, 8 closed out, 16 added to existing stakes and 12 trimmed.

The largest buyer was UBS Group, adding an estimated $3.81M. The largest seller was Guggenheim Capital, cutting an estimated $3.89M.

  • 54 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q1 2015, down from 55 in Q4 2014.
  • Funds reported $77.5M of Nuveen California Quality Municipal Income Fund stock for Q1 2015, up 1.7% quarter-over-quarter.
  • 8 funds opened new Nuveen California Quality Municipal Income Fund positions in Q1 2015 and 8 closed out, a net change of 0 holders.
  • The largest Nuveen California Quality Municipal Income Fund buyer in Q1 2015 was UBS Group, an estimated $3.81M added.
  • The largest Nuveen California Quality Municipal Income Fund seller in Q1 2015 was Guggenheim Capital, an estimated $3.89M sold.

Based on aggregated 13F filings for Q1 2015.