Nuveen California Municipal Value Fund
NCA
27 hedge funds and large institutions have $13M invested in Nuveen California Municipal Value Fund in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 4 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
14% more capital invested
Capital invested by funds: $11.4M → $13M (+$1.56M)
8% more funds holding
Funds holding: 25 → 27 (+2)
0.82% more ownership
Funds ownership: 4.8% → 5.62% (+0.82%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$608K |
| 2 |
Morgan Stanley
New York
|
+$428K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$307K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
+$252K |
| 5 |
FAT
First American Trust
Santa Ana,
California
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$261K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$172K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$148K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$145K |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$29K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $3K | +$3.38K | +370 | New |
|
|
NES
27
New England Securities
New York
| $1K | +$1.2K | +131 | New |
|
|
RJFSA
28
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$261K | -27,733 | Closed |
|
|
TC
29
TFS Capital
West Chester,
Pennsylvania
| – | -$148K | -15,692 | Closed |
|
|
DA
30
Doliver Advisors
Houston,
Texas
| – | -$145K | -15,362 | Closed |
|
|
BIM
31
BlackRock Investment Management
Wilmington,
Delaware
| – | -$29K | -3,100 | Closed |
|
NCA Hedge Fund Activity: Q3 2013 in Review
27 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q3 2013, worth a combined $13M — up 14% from $11.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NCA positions and 4 closed out — a net gain of 2 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was UBS, adding an estimated $608K. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $261K sold.
- 27 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q3 2013, up from 25 in Q2 2013.
- Funds reported $13M of Nuveen California Municipal Value Fund stock for Q3 2013, up 14% quarter-over-quarter.
- 6 funds opened new Nuveen California Municipal Value Fund positions in Q3 2013 and 4 closed out, a net change of +2 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q3 2013 was UBS, an estimated $608K added.
- The largest Nuveen California Municipal Value Fund seller in Q3 2013 was Raymond James Financial Services Advisors, an estimated $261K sold.
Based on aggregated 13F filings for Q3 2013.