Nuveen California Quality Municipal Income Fund
129 hedge funds and large institutions have $281M invested in Nuveen California Quality Municipal Income Fund in 2026 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 21 reducing their positions, and 10 closing their positions.
148% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 21
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
6% more capital invested
Capital invested by funds: $266M → $281M (+$15.1M)
3% more funds holding
Funds holding: 125 → 129 (+4)
0.21% more ownership
Funds ownership: 15.32% → 15.53% (+0.21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.2M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.9M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.56M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.16M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$896K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.26M |
| 2 |
Jane Street
New York
|
-$2.18M |
| 3 |
DTC
Davidson Trust Company
Seattle,
Washington
|
-$1.75M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.42M |
| 5 |
IC
IEQ Capital
Foster City,
California
|
-$765K |
NAC Hedge Fund Activity: Q1 2026 in Review
129 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Quality Municipal Income Fund (NAC) for Q1 2026, worth a combined $281M — up 5.7% from $266M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NAC positions and 10 closed out — a net gain of 8 holders — while 52 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.2M. The largest seller was Wells Fargo, cutting an estimated $2.26M.
- 129 institutional investors held Nuveen California Quality Municipal Income Fund (NAC) as of Q1 2026, up from 125 in Q4 2025.
- Funds reported $281M of Nuveen California Quality Municipal Income Fund stock for Q1 2026, up 5.7% quarter-over-quarter.
- 18 funds opened new Nuveen California Quality Municipal Income Fund positions in Q1 2026 and 10 closed out, a net change of +8 holders.
- The largest Nuveen California Quality Municipal Income Fund buyer in Q1 2026 was Morgan Stanley, an estimated $10.2M added.
- The largest Nuveen California Quality Municipal Income Fund seller in Q1 2026 was Wells Fargo, an estimated $2.26M sold.
Based on aggregated 13F filings for Q1 2026.