Nuveen California Municipal Value Fund
NCA
49 hedge funds and large institutions have $44M invested in Nuveen California Municipal Value Fund in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
0.8% less ownership
Funds ownership: 13.39% → 12.6% (-0.8%)
7% less capital invested
Capital invested by funds: $47.5M → $44M (-$3.46M)
9% less funds holding
Funds holding: 54 → 49 (-5)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$656K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$558K |
| 3 |
Morgan Stanley
New York
|
+$352K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$228K |
| 5 |
CCM
Covington Capital Management
Los Angeles,
California
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.04M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$944K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$797K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$471K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$322K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GJIC
51
Gamble Jones Investment Counsel
Pasadena,
California
| – | -$148K | -13,818 | Closed |
|
|
HWAM
52
Hennion & Walsh Asset Management
Parsippany,
New Jersey
| – | -$147K | -13,749 | Closed |
|
|
WS
53
Wedbush Securities
Los Angeles,
California
| – | -$109K | -10,188 | Closed |
|
|
WT
54
Whittier Trust
South Pasadena,
California
| – | -$51K | -4,800 | Closed |
|
|
GAM
55
Gemmer Asset Management
Walnut Creek,
California
| – | -$50K | -4,688 | Closed |
|
56
Citigroup
New York
| – | -$25K | -2,300 | Closed |
|
NCA Hedge Fund Activity: Q3 2021 in Review
49 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q3 2021, worth a combined $44M — down 7.3% from $47.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NCA and 3 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 14 added.
The largest buyer was Guggenheim Capital, adding an estimated $656K. The largest seller was First Foundation Advisors, cutting an estimated $1.04M.
- 49 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q3 2021, down from 54 in Q2 2021.
- Funds reported $44M of Nuveen California Municipal Value Fund stock for Q3 2021, down 7.3% quarter-over-quarter.
- 3 funds opened new Nuveen California Municipal Value Fund positions in Q3 2021 and 7 closed out, a net change of -4 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q3 2021 was Guggenheim Capital, an estimated $656K added.
- The largest Nuveen California Municipal Value Fund seller in Q3 2021 was First Foundation Advisors, an estimated $1.04M sold.
Based on aggregated 13F filings for Q3 2021.