Nuveen California Municipal Value Fund
NCA
27 hedge funds and large institutions have $19.7M invested in Nuveen California Municipal Value Fund in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 26 → 27 (+1)
0.33% less ownership
Funds ownership: 7.88% → 7.55% (-0.33%)
7% less capital invested
Capital invested by funds: $21.2M → $19.7M (-$1.58M)
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$276K |
| 2 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
+$155K |
| 3 |
Goldman Sachs
New York
|
+$125K |
| 4 |
Morgan Stanley
New York
|
+$59.9K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$20.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$438K |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$370K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$209K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$183K |
| 5 |
LPL Financial
San Diego,
California
|
-$143K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $18K | +$18.1K | +1,732 | New |
|
27
Citigroup
New York
| $15K | -$607 | -58 | -4% |
|
28
Creative Planning
Overland Park,
Kansas
| – | -$36K | -3,400 | Closed |
|
|
AIG
29
American International Group
New York
| – | -$22.1K | -2,075 | Closed |
|
|
IWMPD
30
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$12K | -1,187 | Closed |
|
NCA Hedge Fund Activity: Q2 2015 in Review
27 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q2 2015, worth a combined $19.7M — down 7.4% from $21.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NCA positions and 3 closed out — a net gain of 1 holder — while 2 added to existing stakes and 11 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $276K. The largest seller was Guggenheim Capital, cutting an estimated $438K.
- 27 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q2 2015, up from 26 in Q1 2015.
- Funds reported $19.7M of Nuveen California Municipal Value Fund stock for Q2 2015, down 7.4% quarter-over-quarter.
- 4 funds opened new Nuveen California Municipal Value Fund positions in Q2 2015 and 3 closed out, a net change of +1 holder.
- The largest Nuveen California Municipal Value Fund buyer in Q2 2015 was Raymond James Financial Services Advisors, an estimated $276K added.
- The largest Nuveen California Municipal Value Fund seller in Q2 2015 was Guggenheim Capital, an estimated $438K sold.
Based on aggregated 13F filings for Q2 2015.