Nuveen California Quality Municipal Income Fund
104 hedge funds and large institutions have $212M invested in Nuveen California Quality Municipal Income Fund in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 24 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
46% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 24
0.09% more ownership
Funds ownership: 13.23% → 13.32% (+0.09%)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
3% less funds holding
Funds holding: 107 → 104 (-3)
10% less capital invested
Capital invested by funds: $236M → $212M (-$23.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Regatta Capital Group
El Segundo,
California
|
+$2.15M |
| 2 |
AWS
Atria Wealth Solutions
New York
|
+$1.13M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.1M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$876K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$872K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.4M |
| 2 |
LGWM
Litman Gregory Wealth Management
Larkspur,
California
|
-$915K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$894K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$540K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$539K |
NAC Hedge Fund Activity: Q3 2022 in Review
104 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q3 2022, worth a combined $212M — down 9.9% from $236M a quarter earlier.
Fund positioning in NAC was balanced in Q3 2022: 11 funds opened new positions, 11 closed out, 35 added to existing stakes and 24 trimmed.
The largest buyer was Regatta Capital Group, adding an estimated $2.15M. The largest seller was Rivernorth Capital Management, cutting an estimated $4.4M.
- 104 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q3 2022, down from 107 in Q2 2022.
- Funds reported $212M of Nuveen California Quality Municipal Income Fund stock for Q3 2022, down 9.9% quarter-over-quarter.
- 11 funds opened new Nuveen California Quality Municipal Income Fund positions in Q3 2022 and 11 closed out, a net change of 0 holders.
- The largest Nuveen California Quality Municipal Income Fund buyer in Q3 2022 was Regatta Capital Group, an estimated $2.15M added.
- The largest Nuveen California Quality Municipal Income Fund seller in Q3 2022 was Rivernorth Capital Management, an estimated $4.4M sold.
Based on aggregated 13F filings for Q3 2022.