Nuveen California Municipal Value Fund
NCA
52 hedge funds and large institutions have $35.3M invested in Nuveen California Municipal Value Fund in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
12% more capital invested
Capital invested by funds: $31.7M → $35.3M (+$3.67M)
11% more funds holding
Funds holding: 47 → 52 (+5)
0.78% more ownership
Funds ownership: 12.32% → 13.1% (+0.78%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.34M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$813K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$776K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$368K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$305K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.89M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$282K |
| 3 |
LPL Financial
San Diego,
California
|
-$158K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$142K |
| 5 |
VF
Virtu Financial
New York
|
-$120K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $7K | – | – | – |
|
52
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
FIA
53
FNY Investment Advisers
New York
| $2K | +$2.01K | +213 | New |
|
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$142K | -15,542 | Closed |
|
|
VF
55
Virtu Financial
New York
| – | -$120K | -13,225 | Closed |
|
|
GIM
56
Greenwich Investment Management
Norwalk,
Connecticut
| – | -$95K | -10,480 | Closed |
|
NCA Hedge Fund Activity: Q1 2019 in Review
52 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q1 2019, worth a combined $35.3M — up 12% from $31.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NCA positions and 3 closed out — a net gain of 5 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was First Foundation Advisors, adding an estimated $1.34M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.89M.
- 52 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q1 2019, up from 47 in Q4 2018.
- Funds reported $35.3M of Nuveen California Municipal Value Fund stock for Q1 2019, up 12% quarter-over-quarter.
- 8 funds opened new Nuveen California Municipal Value Fund positions in Q1 2019 and 3 closed out, a net change of +5 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q1 2019 was First Foundation Advisors, an estimated $1.34M added.
- The largest Nuveen California Municipal Value Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $1.89M sold.
Based on aggregated 13F filings for Q1 2019.