Nuveen California Municipal Value Fund
NCA
54 hedge funds and large institutions have $47.5M invested in Nuveen California Municipal Value Fund in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 9 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
7% more capital invested
Capital invested by funds: $44.5M → $47.5M (+$2.92M)
0.24% more ownership
Funds ownership: 13.16% → 13.39% (+0.24%)
10% less funds holding
Funds holding: 60 → 54 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$829K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$607K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$602K |
| 4 |
LPL Financial
San Diego,
California
|
+$231K |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$514K |
| 2 |
EAM
Evanson Asset Management
Carmel,
California
|
-$381K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$229K |
| 4 |
M&T Bank
Buffalo,
New York
|
-$220K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$208K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $29K | -$5.11K | -490 | -15% |
|
52
Citigroup
New York
| $25K | – | – | – |
|
|
PO
53
Private Ocean
San Rafael,
California
| $21K | – | – | – |
|
54
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
EAM
55
Evanson Asset Management
Carmel,
California
| – | -$381K | -37,265 | Closed |
|
|
56
M&T Bank
Buffalo,
New York
| – | -$220K | -21,500 | Closed |
|
|
LCM
57
Landscape Capital Management
Englewood,
New Jersey
| – | -$208K | -20,386 | Closed |
|
|
CP
58
Camelot Portfolios
Maumee,
Ohio
| – | -$155K | -15,172 | Closed |
|
|
SIA
59
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$126K | -12,289 | Closed |
|
|
DADC
60
D.A. Davidson & Co
Great Falls,
Montana
| – | -$118K | -11,502 | Closed |
|
|
IC
61
Intersect Capital
San Ramon,
California
| – | -$108K | -10,559 | Closed |
|
|
WAP
62
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$87K | -8,503 | Closed |
|
|
HI
63
Harbour Investments
Madison,
Wisconsin
| – | -$31K | -3,034 | Closed |
|
NCA Hedge Fund Activity: Q2 2021 in Review
54 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q2 2021, worth a combined $47.5M — up 6.6% from $44.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NCA and 3 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 21 added.
The largest buyer was Morgan Stanley, adding an estimated $829K. The largest seller was First Foundation Advisors, cutting an estimated $514K.
- 54 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q2 2021, down from 60 in Q1 2021.
- Funds reported $47.5M of Nuveen California Municipal Value Fund stock for Q2 2021, up 6.6% quarter-over-quarter.
- 3 funds opened new Nuveen California Municipal Value Fund positions in Q2 2021 and 9 closed out, a net change of -6 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q2 2021 was Morgan Stanley, an estimated $829K added.
- The largest Nuveen California Municipal Value Fund seller in Q2 2021 was First Foundation Advisors, an estimated $514K sold.
Based on aggregated 13F filings for Q2 2021.