Nuveen California Municipal Value Fund
NCA
25 hedge funds and large institutions have $17.4M invested in Nuveen California Municipal Value Fund in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
24% more capital invested
Capital invested by funds: $14.1M → $17.4M (+$3.34M)
9% more funds holding
Funds holding: 23 → 25 (+2)
1.11% more ownership
Funds ownership: 5.72% → 6.83% (+1.1%)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
+$3.31M |
| 2 |
CNB
City National Bank
Beverly Hills,
California
|
+$295K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$210K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$205K |
| 5 |
Morgan Stanley
New York
|
+$76.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$646K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$213K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$204K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$173K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$129K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
First Trust Advisors
Wheaton,
Illinois
| – | -$173K | -17,716 | Closed |
|
NCA Hedge Fund Activity: Q2 2014 in Review
25 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q2 2014, worth a combined $17.4M — up 24% from $14.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NCA positions and 1 closed out — a net gain of 2 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was First Foundation Advisors, opening a new position worth an estimated $3.31M. The largest seller was Wells Fargo, cutting an estimated $646K.
- 25 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q2 2014, up from 23 in Q1 2014.
- Funds reported $17.4M of Nuveen California Municipal Value Fund stock for Q2 2014, up 24% quarter-over-quarter.
- 3 funds opened new Nuveen California Municipal Value Fund positions in Q2 2014 and 1 closed out, a net change of +2 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q2 2014 was First Foundation Advisors, an estimated $3.31M added.
- The largest Nuveen California Municipal Value Fund seller in Q2 2014 was Wells Fargo, an estimated $646K sold.
Based on aggregated 13F filings for Q2 2014.