Nuveen California Quality Municipal Income Fund
52 hedge funds and large institutions have $79.4M invested in Nuveen California Quality Municipal Income Fund in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 6 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0.04% more ownership
Funds ownership: 4.46% → 4.5% (+0.04%)
0% more funds holding
Funds holding: 52 → 52 (0)
2% less capital invested
Capital invested by funds: $81.3M → $79.4M (-$1.85M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.66M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$875K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$500K |
| 4 |
CWM
Concert Wealth Management
San Jose,
California
|
+$463K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$422K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
-$2.65M |
| 2 |
WT
Whittier Trust
South Pasadena,
California
|
-$1.19M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$590K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$349K |
| 5 |
MBT
Montecito Bank & Trust
Santa Barbara,
California
|
-$199K |
NAC Hedge Fund Activity: Q3 2016 in Review
52 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q3 2016, worth a combined $79.4M — down 2.3% from $81.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NAC positions and 6 closed out — a net gain of 1 holder — while 19 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.66M. The largest seller was Van Hulzen Asset Management, exiting entirely with an estimated $2.65M sold.
- 52 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $79.4M of Nuveen California Quality Municipal Income Fund stock for Q3 2016, down 2.3% quarter-over-quarter.
- 7 funds opened new Nuveen California Quality Municipal Income Fund positions in Q3 2016 and 6 closed out, a net change of +1 holder.
- The largest Nuveen California Quality Municipal Income Fund buyer in Q3 2016 was Morgan Stanley, an estimated $1.66M added.
- The largest Nuveen California Quality Municipal Income Fund seller in Q3 2016 was Van Hulzen Asset Management, an estimated $2.65M sold.
Based on aggregated 13F filings for Q3 2016.