Nuveen California Municipal Value Fund
NCA
35 hedge funds and large institutions have $24.9M invested in Nuveen California Municipal Value Fund in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 3 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
1.27% less ownership
Funds ownership: 9.86% → 8.59% (-1.3%)
5% less funds holding
Funds holding: 37 → 35 (-2)
8% less capital invested
Capital invested by funds: $26.9M → $24.9M (-$2.05M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$199K |
| 2 |
Morgan Stanley
New York
|
+$138K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$133K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$121K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$890K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$541K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$437K |
| 4 |
SFSIG
San Francisco Sentry Investment Group
San Francisco,
California
|
-$315K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$232K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCMC
26
Paragon Capital Management (Colorado)
Denver,
Colorado
| $103K | – | – | – |
|
|
CRC
27
Curi RMB Capital
Chicago,
Illinois
| $103K | +$104K | +10,095 | New |
|
|
BA
28
Boston Advisors
Boston,
Massachusetts
| $102K | – | – | – |
|
|
PA
29
Parallel Advisors
San Francisco,
California
| $62K | – | – | – |
|
|
DADC
30
D.A. Davidson & Co
Great Falls,
Montana
| $51K | – | – | – |
|
|
WT
31
Whittier Trust
South Pasadena,
California
| $49K | – | – | – |
|
|
GAM
32
Gemmer Asset Management
Walnut Creek,
California
| $48K | – | – | – |
|
|
GRP
33
Global Retirement Partners
San Rafael,
California
| $41K | +$15.8K | +1,535 | +61% |
|
34
Creative Planning
Overland Park,
Kansas
| $24K | +$9.2K | +893 | +64% |
|
|
WAS
35
WESPAC Advisors SoCal
Pasadena,
California
| $10K | – | – | – |
|
36
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
KLWA
37
Kelly Lawrence W & Associates
Pasadens,
California
| – | -$13K | -1,250 | Closed |
|
|
AIM
38
Acrospire Investment Management
Chicago,
Illinois
| – | -$1K | -100 | Closed |
|
NCA Hedge Fund Activity: Q2 2017 in Review
35 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q2 2017, worth a combined $24.9M — down 7.6% from $26.9M a quarter earlier.
Fund positioning in NCA was balanced in Q2 2017: 3 funds opened new positions, 3 closed out, 13 added to existing stakes and 9 trimmed.
The largest buyer was Invesco, adding an estimated $199K. The largest seller was LPL Financial, cutting an estimated $890K.
- 35 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q2 2017, down from 37 in Q1 2017.
- Funds reported $24.9M of Nuveen California Municipal Value Fund stock for Q2 2017, down 7.6% quarter-over-quarter.
- 3 funds opened new Nuveen California Municipal Value Fund positions in Q2 2017 and 3 closed out, a net change of 0 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q2 2017 was Invesco, an estimated $199K added.
- The largest Nuveen California Municipal Value Fund seller in Q2 2017 was LPL Financial, an estimated $890K sold.
Based on aggregated 13F filings for Q2 2017.