Nuveen California Municipal Value Fund
NCA
58 hedge funds and large institutions have $42.9M invested in Nuveen California Municipal Value Fund in 2021 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
18% more funds holding
Funds holding: 49 → 58 (+9)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
0.21% more ownership
Funds ownership: 12.6% → 12.81% (+0.21%)
3% less capital invested
Capital invested by funds: $44M → $42.9M (-$1.11M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.68M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$888K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$769K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$697K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$632K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$3.97M |
| 2 |
Morgan Stanley
New York
|
-$926K |
| 3 |
C
Certuity
North Palm Beach,
Florida
|
-$400K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$352K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$159K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Allspring Global Investments
Charlotte,
North Carolina
| $61K | +$62.4K | +6,101 | New |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $47K | +$20.6K | +2,017 | +75% |
|
|
HCP
53
Hexagon Capital Partners
Rogers,
Arkansas
| $37K | – | – | – |
|
|
PO
54
Private Ocean
San Rafael,
California
| $20K | – | – | – |
|
55
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
UB
56
UMB Bank
Kansas City,
Missouri
| $5K | +$4.69K | +458 | New |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| $1K | +$1.22K | +119 | New |
|
|
FFG
58
Ford Financial Group
Fresno,
California
| $40 | -$125K | -12,237 | -75% |
|
|
C
59
Certuity
North Palm Beach,
Florida
| – | -$400K | -37,931 | Closed |
|
|
KAS
60
Kestra Advisory Services
Austin,
Texas
| – | -$352K | -33,395 | Closed |
|
|
TW
61
Towerpoint Wealth
Sacramento,
California
| – | -$130K | -12,275 | Closed |
|
NCA Hedge Fund Activity: Q4 2021 in Review
58 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q4 2021, worth a combined $42.9M — down 2.5% from $44M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NCA positions and 3 closed out — a net gain of 9 holders — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.68M. The largest seller was First Foundation Advisors, cutting an estimated $3.97M.
- 58 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q4 2021, up from 49 in Q3 2021.
- Funds reported $42.9M of Nuveen California Municipal Value Fund stock for Q4 2021, down 2.5% quarter-over-quarter.
- 12 funds opened new Nuveen California Municipal Value Fund positions in Q4 2021 and 3 closed out, a net change of +9 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q4 2021 was Rivernorth Capital Management, an estimated $1.68M added.
- The largest Nuveen California Municipal Value Fund seller in Q4 2021 was First Foundation Advisors, an estimated $3.97M sold.
Based on aggregated 13F filings for Q4 2021.