Nuveen California Municipal Value Fund
NCA
26 hedge funds and large institutions have $15.7M invested in Nuveen California Municipal Value Fund in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 3 closing their positions.
21% more capital invested
Capital invested by funds: $13M → $15.7M (+$2.72M)
1.14% more ownership
Funds ownership: 5.62% → 6.76% (+1.1%)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
4% less funds holding
Funds holding: 27 → 26 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
+$2.57M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$707K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$153K |
| 4 |
SG Americas Securities
New York
|
+$121K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$83.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$796K |
| 2 |
FAT
First American Trust
Santa Ana,
California
|
-$217K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$39.5K |
| 4 |
Citigroup
New York
|
-$31.1K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$22.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
26
New England Securities
New York
| $1K | – | – | – |
|
|
FAT
27
First American Trust
Santa Ana,
California
| – | -$217K | -23,747 | Closed |
|
|
PAS
28
Partnervest Advisory Services
Santa Barbara,
California
| – | -$15K | -1,692 | Closed |
|
29
Creative Planning
Overland Park,
Kansas
| – | -$3K | -370 | Closed |
|
NCA Hedge Fund Activity: Q4 2013 in Review
26 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q4 2013, worth a combined $15.7M — up 21% from $13M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NCA and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 7 added.
The largest buyer was First Foundation Advisors, adding an estimated $2.57M. The largest seller was UBS, cutting an estimated $796K.
- 26 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q4 2013, down from 27 in Q3 2013.
- Funds reported $15.7M of Nuveen California Municipal Value Fund stock for Q4 2013, up 21% quarter-over-quarter.
- 2 funds opened new Nuveen California Municipal Value Fund positions in Q4 2013 and 3 closed out, a net change of -1 holder.
- The largest Nuveen California Municipal Value Fund buyer in Q4 2013 was First Foundation Advisors, an estimated $2.57M added.
- The largest Nuveen California Municipal Value Fund seller in Q4 2013 was UBS, an estimated $796K sold.
Based on aggregated 13F filings for Q4 2013.