We are live on ! Find out more
NAC icon

Nuveen California Quality Municipal Income Fund

104 hedge funds and large institutions have $208M invested in Nuveen California Quality Municipal Income Fund in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 7

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

11% more capital invested

Capital invested by funds: $187M → $208M (+$21.4M)

11% more funds holding

Funds holding: 94104 (+10)

0.42% more ownership

Funds ownership: 9.23%9.65% (+0.42%)

7% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 28

Holders
104
Holders Change
+10
Holders Change %
+10.64%
% of All Funds
2.05%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
18
Increased
26
Reduced
28
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$31.4M -$267K -17,988 -0.8%
Morgan Stanley
2
Morgan Stanley
New York
$26.3M +$908K +61,096 +4%
GC
3
Guggenheim Capital
Illinois
$23.2M +$174K +11,696 +0.8%
Wells Fargo
4
Wells Fargo
California
$9.33M +$952K +64,109 +11%
RCM
5
Rivernorth Capital Management
Florida
$9.33M -$4.66M -313,437 -33%
WT
6
Whittier Trust
California
$9.27M +$210K +14,149 +2%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$7.14M +$2.58M +173,568 +57%
PWSG
8
Pacific Wealth Strategies Group
California
$6.78M +$22.4K +1,510 +0.3%
FFA
9
First Foundation Advisors
California
$5.86M +$179K +12,067 +3%
Rockefeller Capital Management
10
Rockefeller Capital Management
New York
$5.7M +$5.69M +383,000 New
IC
11
IEQ Capital
California
$4.8M +$4.79M +322,064 New
SIA
12
Sit Investment Associates
Minnesota
$4.18M +$149K +10,000 +4%
Bank of America
13
Bank of America
North Carolina
$3.93M +$1.12M +75,701 +40%
22CM
14
20/20 Capital Management
California
$3.74M +$3.6M +242,552 New
DTC
15
Davidson Trust Company
Washington
$3.6M +$3.59M +241,826 New
LTFS
16
Ladenburg Thalmann Financial Services
Florida
$2.92M -$39.2K -2,641 -1%
DADC
17
D.A. Davidson & Co
Montana
$2.83M +$889K +59,815 +46%
RCM
18
Robinson Capital Management
Michigan
$2.73M -$2.89M -194,500 -51%
Invesco
19
Invesco
Georgia
$2.58M -$336K -22,587 -12%
WS
20
Wedbush Securities
California
$2.42M -$591K -39,767 -20%
GKWIM
21
Gerber Kawasaki Wealth & Investment Management
California
$2.25M +$308K +20,741 +16%
AAM
22
Advisors Asset Management
Colorado
$1.96M -$134K -9,007 -6%
OIA
23
OneDigital Investment Advisors
Kansas
$1.91M +$42.2K +2,843 +2%
AA
24
Apriem Advisors
California
$1.85M -$262K -17,614 -12%
C
25
Certuity
Florida
$1.53M +$1.52M +102,494 New

NAC Hedge Fund Activity: Q4 2019 in Review

104 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q4 2019, worth a combined $208M — up 11% from $187M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new NAC positions and 7 closed out — a net gain of 11 holders — while 26 added to existing stakes and 28 trimmed.

The largest buyer was Rockefeller Capital Management, opening a new position worth an estimated $5.69M. The largest seller was Karpus Investment Management, cutting an estimated $6.18M.

  • 104 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q4 2019, up from 94 in Q3 2019.
  • Funds reported $208M of Nuveen California Quality Municipal Income Fund stock for Q4 2019, up 11% quarter-over-quarter.
  • 18 funds opened new Nuveen California Quality Municipal Income Fund positions in Q4 2019 and 7 closed out, a net change of +11 holders.
  • The largest Nuveen California Quality Municipal Income Fund buyer in Q4 2019 was Rockefeller Capital Management, an estimated $5.69M added.
  • The largest Nuveen California Quality Municipal Income Fund seller in Q4 2019 was Karpus Investment Management, an estimated $6.18M sold.

Based on aggregated 13F filings for Q4 2019.