Nuveen California Municipal Value Fund
NCA
35 hedge funds and large institutions have $24.3M invested in Nuveen California Municipal Value Fund in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 2 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 34 → 35 (+1)
0.23% less ownership
Funds ownership: 8.55% → 8.32% (-0.23%)
5% less capital invested
Capital invested by funds: $25.4M → $24.3M (-$1.16M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$589K |
| 2 |
SG Americas Securities
New York
|
+$314K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$197K |
| 4 |
LPL Financial
San Diego,
California
|
+$190K |
| 5 |
FAT
First American Trust
Santa Ana,
California
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.22M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$816K |
| 3 |
VF
Virtu Financial
New York
|
-$123K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$114K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$106K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
First Trust Advisors
Wheaton,
Illinois
| $111K | -$1.02K | -97 | -0.9% |
|
|
VF
27
Virtu Financial
New York
| $109K | -$123K | -11,719 | -52% |
|
28
Stifel Financial
St. Louis,
Missouri
| $107K | – | – | – |
|
|
JIR
29
James Investment Research
Alpha,
Ohio
| $103K | – | – | – |
|
|
BA
30
Boston Advisors
Boston,
Massachusetts
| $102K | – | – | – |
|
|
PCMC
31
Paragon Capital Management (Colorado)
Denver,
Colorado
| $102K | – | – | – |
|
|
AA
32
AlphaMark Advisors
Ft. Wright,
Kentucky
| $71K | +$73.3K | +7,000 | New |
|
|
PA
33
Parallel Advisors
San Francisco,
California
| $61K | – | – | – |
|
|
WT
34
Whittier Trust
South Pasadena,
California
| $49K | – | – | – |
|
|
GAM
35
Gemmer Asset Management
Walnut Creek,
California
| $48K | – | – | – |
|
|
GRP
36
Global Retirement Partners
San Rafael,
California
| $41K | – | – | – |
|
|
WAS
37
WESPAC Advisors SoCal
Pasadena,
California
| $10K | – | – | – |
|
38
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
DA
39
Doliver Advisors
Houston,
Texas
| – | -$106K | -10,042 | Closed |
|
|
GS
40
Girard Securities
San Diego,
California
| – | -$106K | -10,000 | Closed |
|
NCA Hedge Fund Activity: Q4 2017 in Review
35 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q4 2017, worth a combined $24.3M — down 4.6% from $25.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NCA positions and 2 closed out — a net gain of 1 holder — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $589K. The largest seller was Guggenheim Capital, cutting an estimated $1.22M.
- 35 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q4 2017, up from 34 in Q3 2017.
- Funds reported $24.3M of Nuveen California Municipal Value Fund stock for Q4 2017, down 4.6% quarter-over-quarter.
- 3 funds opened new Nuveen California Municipal Value Fund positions in Q4 2017 and 2 closed out, a net change of +1 holder.
- The largest Nuveen California Municipal Value Fund buyer in Q4 2017 was Morgan Stanley, an estimated $589K added.
- The largest Nuveen California Municipal Value Fund seller in Q4 2017 was Guggenheim Capital, an estimated $1.22M sold.
Based on aggregated 13F filings for Q4 2017.