Nuveen California Municipal Value Fund
NCA
49 hedge funds and large institutions have $26.4M invested in Nuveen California Municipal Value Fund in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 5 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 48 → 49 (+1)
2% more capital invested
Capital invested by funds: $26M → $26.4M (+$446K)
0.26% more ownership
Funds ownership: 9.72% → 9.98% (+0.26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$502K |
| 2 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$250K |
| 3 |
Morgan Stanley
New York
|
+$231K |
| 4 |
SI
Scharf Investments
Los Gatos,
California
|
+$223K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$651K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$218K |
| 3 |
FAT
First American Trust
Santa Ana,
California
|
-$163K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$160K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$134K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
51
FNY Investment Advisers
New York
| $1K | +$430 | +45 | +50% |
|
|
WAM
52
Wolverine Asset Management
Chicago,
Illinois
| – | -$218K | -22,979 | Closed |
|
|
FAT
53
First American Trust
Santa Ana,
California
| – | -$163K | -17,200 | Closed |
|
54
Stifel Financial
St. Louis,
Missouri
| – | -$100K | -10,547 | Closed |
|
55
Northern Trust
Chicago,
Illinois
| – | -$1K | -10,000 | Closed |
|
|
CF
56
Centaurus Financial
Anaheim,
California
| – | -$77K | -8,135 | Closed |
|
NCA Hedge Fund Activity: Q3 2018 in Review
49 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q3 2018, worth a combined $26.4M — up 1.7% from $26M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NCA positions and 5 closed out — a net gain of 1 holder — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, adding an estimated $502K. The largest seller was Rivernorth Capital Management, cutting an estimated $651K.
- 49 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q3 2018, up from 48 in Q2 2018.
- Funds reported $26.4M of Nuveen California Municipal Value Fund stock for Q3 2018, up 1.7% quarter-over-quarter.
- 6 funds opened new Nuveen California Municipal Value Fund positions in Q3 2018 and 5 closed out, a net change of +1 holder.
- The largest Nuveen California Municipal Value Fund buyer in Q3 2018 was Wells Fargo, an estimated $502K added.
- The largest Nuveen California Municipal Value Fund seller in Q3 2018 was Rivernorth Capital Management, an estimated $651K sold.
Based on aggregated 13F filings for Q3 2018.