Nuveen California Municipal Value Fund
NCA
49 hedge funds and large institutions have $34.3M invested in Nuveen California Municipal Value Fund in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 7 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0.84% less ownership
Funds ownership: 13.1% → 12.25% (-0.84%)
3% less capital invested
Capital invested by funds: $35.3M → $34.3M (-$1.07M)
6% less funds holding
Funds holding: 52 → 49 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$692K |
| 2 |
LPL Financial
San Diego,
California
|
+$281K |
| 3 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$251K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$244K |
| 5 |
GJIC
Gamble Jones Investment Counsel
Pasadena,
California
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.66M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$827K |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$537K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$372K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$320K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
51
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$153K | -16,000 | Closed |
|
|
AA
52
AQR Arbitrage
Greenwich,
Connecticut
| – | -$141K | -14,712 | Closed |
|
|
LWAC
53
Laurel Wealth Advisors (California)
Solana Beach,
California
| – | -$136K | -14,180 | Closed |
|
|
BA
54
Boston Advisors
Boston,
Massachusetts
| – | -$96K | -10,000 | Closed |
|
55
Citigroup
New York
| – | -$40K | -4,200 | Closed |
|
|
WAS
56
WESPAC Advisors SoCal
Pasadena,
California
| – | -$9K | -990 | Closed |
|
NCA Hedge Fund Activity: Q2 2019 in Review
49 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q2 2019, worth a combined $34.3M — down 3% from $35.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NCA and 5 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 12 added.
The largest buyer was Guggenheim Capital, adding an estimated $692K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.66M.
- 49 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q2 2019, down from 52 in Q1 2019.
- Funds reported $34.3M of Nuveen California Municipal Value Fund stock for Q2 2019, down 3% quarter-over-quarter.
- 5 funds opened new Nuveen California Municipal Value Fund positions in Q2 2019 and 7 closed out, a net change of -2 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q2 2019 was Guggenheim Capital, an estimated $692K added.
- The largest Nuveen California Municipal Value Fund seller in Q2 2019 was Rivernorth Capital Management, an estimated $1.66M sold.
Based on aggregated 13F filings for Q2 2019.