Nuveen California Municipal Value Fund
NCA
24 hedge funds and large institutions have $19.3M invested in Nuveen California Municipal Value Fund in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
11% more capital invested
Capital invested by funds: $17.4M → $19.3M (+$1.88M)
0.56% more ownership
Funds ownership: 6.83% → 7.39% (+0.56%)
4% less funds holding
Funds holding: 25 → 24 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$439K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$350K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$316K |
| 4 |
Morgan Stanley
New York
|
+$303K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$283K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$198K |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$172K |
| 3 |
Citigroup
New York
|
-$10K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$10K |
| 5 |
MA
MUFG Americas
New York
|
-$4.07K |
NCA Hedge Fund Activity: Q3 2014 in Review
24 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q3 2014, worth a combined $19.3M — up 11% from $17.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NCA and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 8 added.
The largest buyer was Invesco, adding an estimated $439K. The largest seller was Wells Fargo, cutting an estimated $198K.
- 24 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q3 2014, down from 25 in Q2 2014.
- Funds reported $19.3M of Nuveen California Municipal Value Fund stock for Q3 2014, up 11% quarter-over-quarter.
- 1 fund opened new Nuveen California Municipal Value Fund positions in Q3 2014 and 2 closed out, a net change of -1 holder.
- The largest Nuveen California Municipal Value Fund buyer in Q3 2014 was Invesco, an estimated $439K added.
- The largest Nuveen California Municipal Value Fund seller in Q3 2014 was Wells Fargo, an estimated $198K sold.
Based on aggregated 13F filings for Q3 2014.