NUVEEN CALIFORNIA MUNI VLU F

CUSIP: 67062C107 Class: COM STK

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (4)

Stratos Wealth Partners, LTD.

Value ($000) $559 Shares 62,429

CITADEL ADVISORS LLC

Value ($000) $243 Shares 27,191

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $140 Shares 15,642

Virtu Financial LLC

Value ($000) $0 Shares 15,641

Institution	Shares	Value ($000)
Stratos Wealth Partners, LTD.	62,429	$559
CITADEL ADVISORS LLC	27,191	$243
SUSQUEHANNA INTERNATIONAL GROUP, LLP	15,642	$140
Virtu Financial LLC	15,641	$0

Increased Positions (13)

Advisors Asset Management, Inc.

Value ($000) $9,583 (+40.8%) Shares 1,070,770 (+40.0%)

Hennion & Walsh Asset Management, Inc.

Value ($000) $3,313 (+24.8%) Shares 370,139 (+24.1%)

Atlas Private Wealth Advisors

Value ($000) $766 (+7.8%) Shares 85,533 (+7.2%)

Value ($000) $16,047 (+39.6%) Shares 1,792,954 (+38.8%)

Sanctuary Advisors, LLC

Value ($000) $200 (+91.6%) Shares 22,358 (+85.1%)

OSAIC HOLDINGS, INC.

Value ($000) $446 (+31.9%) Shares 49,792 (+28.3%)

BANK OF AMERICA CORP /DE/

Value ($000) $945 (+10.6%) Shares 105,577 (+10.0%)

JONES FINANCIAL COMPANIES LLLP

Value ($000) $604 (+8.3%) Shares 67,462 (+5.5%)

IEQ CAPITAL, LLC

Value ($000) $134 (+19.6%) Shares 15,000 (+19.0%)

D.A. DAVIDSON & CO.

Value ($000) $263 (+6.6%) Shares 29,347 (+6.0%)

HighTower Advisors, LLC

Value ($000) $246 (+4.8%) Shares 27,511 (+4.2%)

PFG Investments, LLC

Value ($000) $92 (+1.9%) Shares 10,269 (+1.3%)

WEDBUSH SECURITIES INC

Value ($000) $0 (+6.7%) Shares 35,764 (+5.9%)

Institution	Prev Shares	Curr Shares	Change
Advisors Asset Management, Inc.	764,596	1,070,770	+306,174 (+40.0%)
Hennion & Walsh Asset Management, Inc.	298,195	370,139	+71,944 (+24.1%)
Atlas Private Wealth Advisors	79,783	85,533	+5,750 (+7.2%)
UBS Group AG	1,291,449	1,792,954	+501,505 (+38.8%)
Sanctuary Advisors, LLC	12,076	22,358	+10,282 (+85.1%)
OSAIC HOLDINGS, INC.	38,816	49,792	+10,976 (+28.3%)
BANK OF AMERICA CORP /DE/	95,980	105,577	+9,597 (+10.0%)
JONES FINANCIAL COMPANIES LLLP	63,962	67,462	+3,500 (+5.5%)
IEQ CAPITAL, LLC	12,610	15,000	+2,390 (+19.0%)
D.A. DAVIDSON & CO.	27,697	29,347	+1,650 (+6.0%)
HighTower Advisors, LLC	26,400	27,511	+1,111 (+4.2%)
PFG Investments, LLC	10,137	10,269	+132 (+1.3%)
WEDBUSH SECURITIES INC	33,764	35,764	+2,000 (+5.9%)

Decreased Positions (10)

SWEENEY & MICHEL, LLC

Value ($000) $663 (-2.0%) Shares 69,436 (-9.0%)

FIRST FOUNDATION ADVISORS

Value ($000) $1,085 (-23.4%) Shares 121,244 (-23.8%)

Value ($000) $15,046 (-6.7%) Shares 1,681,135 (-7.3%)

GUGGENHEIM CAPITAL LLC

Value ($000) $6,169 (-2.4%) Shares 689,260 (-3.0%)

WELLS FARGO & COMPANY/MN

Value ($000) $2,595 (-4.6%) Shares 289,906 (-5.2%)

LPL Financial LLC

Value ($000) $2,552 (-1.6%) Shares 285,143 (-2.2%)

ROYAL BANK OF CANADA

Value ($000) $1,205 (-3.5%) Shares 134,623 (-4.1%)

RAYMOND JAMES FINANCIAL INC

Value ($000) $1,220 (-2.9%) Shares 136,258 (-3.5%)

Creative Planning

Value ($000) $167 (-9.4%) Shares 18,659 (-9.9%)

Cetera Investment Advisers

Value ($000) $348 (-4.2%) Shares 38,892 (-4.7%)

Institution	Prev Shares	Curr Shares	Change
SWEENEY & MICHEL, LLC	76,262	69,436	-6,826 (-9.0%)
FIRST FOUNDATION ADVISORS	159,193	121,244	-37,949 (-23.8%)
MORGAN STANLEY	1,812,756	1,681,135	-131,621 (-7.3%)
GUGGENHEIM CAPITAL LLC	710,499	689,260	-21,239 (-3.0%)
WELLS FARGO & COMPANY/MN	305,686	289,906	-15,780 (-5.2%)
LPL Financial LLC	291,521	285,143	-6,378 (-2.2%)
ROYAL BANK OF CANADA	140,325	134,623	-5,702 (-4.1%)
RAYMOND JAMES FINANCIAL INC	141,178	136,258	-4,920 (-3.5%)
Creative Planning	20,712	18,659	-2,053 (-9.9%)
Cetera Investment Advisers	40,819	38,892	-1,927 (-4.7%)

Exited Positions (8)

1607 Capital Partners, LLC

Value ($000) $2,274 Shares 255,520

Value ($000) $187 Shares 20,955

Value ($000) $111 Shares 12,500

Allspring Global Investments Holdings, LLC

Value ($000) $702 Shares 78,905

US BANCORP \DE\

Value ($000) $230 Shares 25,867

Tortoise Investment Management, LLC

Value ($000) $34 Shares 3,830

Advisory Services Network, LLC

Value ($000) $33 Shares 3,727

FNY Investment Advisers, LLC

Value ($000) $0 Shares 500

Institution	Prev Shares	Prev Value ($000)
1607 Capital Partners, LLC	255,520	$2,274
NWAM LLC	20,955	$187
SUMMITRY LLC	12,500	$111
Allspring Global Investments Holdings, LLC	78,905	$702
US BANCORP \DE\	25,867	$230
Tortoise Investment Management, LLC	3,830	$34
Advisory Services Network, LLC	3,727	$33
FNY Investment Advisers, LLC	500	$0