Nuveen California Quality Municipal Income Fund
50 hedge funds and large institutions have $76.7M invested in Nuveen California Quality Municipal Income Fund in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 5 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
10% more capital invested
Capital invested by funds: $69.7M → $76.7M (+$6.98M)
6% more funds holding
Funds holding: 47 → 50 (+3)
0.26% more ownership
Funds ownership: 4.51% → 4.77% (+0.26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$7.52M |
| 2 |
WT
Whittier Trust
South Pasadena,
California
|
+$1.31M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$315K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$299K |
| 5 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
-$2.09M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.4M |
| 3 |
Morgan Stanley
New York
|
-$772K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$473K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$418K |
NAC Hedge Fund Activity: Q3 2015 in Review
50 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q3 2015, worth a combined $76.7M — up 10% from $69.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NAC positions and 5 closed out — a net gain of 3 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was CIBC Private Wealth Group, opening a new position worth an estimated $7.52M. The largest seller was Van Hulzen Asset Management, exiting entirely with an estimated $2.09M sold.
- 50 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q3 2015, up from 47 in Q2 2015.
- Funds reported $76.7M of Nuveen California Quality Municipal Income Fund stock for Q3 2015, up 10% quarter-over-quarter.
- 8 funds opened new Nuveen California Quality Municipal Income Fund positions in Q3 2015 and 5 closed out, a net change of +3 holders.
- The largest Nuveen California Quality Municipal Income Fund buyer in Q3 2015 was CIBC Private Wealth Group, an estimated $7.52M added.
- The largest Nuveen California Quality Municipal Income Fund seller in Q3 2015 was Van Hulzen Asset Management, an estimated $2.09M sold.
Based on aggregated 13F filings for Q3 2015.