Nuveen California Municipal Value Fund
NCA
29 hedge funds and large institutions have $23.8M invested in Nuveen California Municipal Value Fund in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
6% more capital invested
Capital invested by funds: $22.5M → $23.8M (+$1.31M)
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0.15% less ownership
Funds ownership: 7.95% → 7.8% (-0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$703K |
| 2 |
Morgan Stanley
New York
|
+$436K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$319K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$263K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$237K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$710K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$204K |
| 3 |
MBT
Montecito Bank & Trust
Santa Barbara,
California
|
-$201K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$167K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$44K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DADC
26
D.A. Davidson & Co
Great Falls,
Montana
| $13K | – | – | – |
|
27
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $12K | – | – | – |
|
|
WAS
28
WESPAC Advisors SoCal
Pasadena,
California
| $11.2K | – | – | – |
|
29
US Bancorp
Minneapolis,
Minnesota
| $6K | -$20.2K | -1,793 | -78% |
|
|
CRC
30
Curi RMB Capital
Chicago,
Illinois
| – | -$204K | -18,271 | Closed |
|
|
MBT
31
Montecito Bank & Trust
Santa Barbara,
California
| – | -$201K | -17,975 | Closed |
|
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$44K | -4,000 | Closed |
|
NCA Hedge Fund Activity: Q3 2016 in Review
29 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q3 2016, worth a combined $23.8M — up 5.8% from $22.5M a quarter earlier.
Fund positioning in NCA was balanced in Q3 2016: 3 funds opened new positions, 3 closed out, 9 added to existing stakes and 5 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $703K. The largest seller was First Foundation Advisors, cutting an estimated $710K.
- 29 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $23.8M of Nuveen California Municipal Value Fund stock for Q3 2016, up 5.8% quarter-over-quarter.
- 3 funds opened new Nuveen California Municipal Value Fund positions in Q3 2016 and 3 closed out, a net change of 0 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q3 2016 was Guggenheim Capital, an estimated $703K added.
- The largest Nuveen California Municipal Value Fund seller in Q3 2016 was First Foundation Advisors, an estimated $710K sold.
Based on aggregated 13F filings for Q3 2016.