Nuveen California Municipal Value Fund
NCA
62 hedge funds and large institutions have $61.5M invested in Nuveen California Municipal Value Fund in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
26% more capital invested
Capital invested by funds: $48.8M → $61.5M (+$12.7M)
15% more funds holding
Funds holding: 54 → 62 (+8)
4.07% more ownership
Funds ownership: 17.9% → 21.97% (+4.1%)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.11M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.91M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$1.16M |
| 4 |
RCG
Regatta Capital Group
El Segundo,
California
|
+$1.15M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.24M |
| 2 |
Morgan Stanley
New York
|
-$781K |
| 3 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$371K |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$216K |
| 5 |
LPL Financial
San Diego,
California
|
-$204K |
NCA Hedge Fund Activity: Q4 2022 in Review
62 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q4 2022, worth a combined $61.5M — up 26% from $48.8M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NCA positions and 6 closed out — a net gain of 9 holders — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.11M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $2.24M sold.
- 62 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q4 2022, up from 54 in Q3 2022.
- Funds reported $61.5M of Nuveen California Municipal Value Fund stock for Q4 2022, up 26% quarter-over-quarter.
- 15 funds opened new Nuveen California Municipal Value Fund positions in Q4 2022 and 6 closed out, a net change of +9 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q4 2022 was Rivernorth Capital Management, an estimated $2.11M added.
- The largest Nuveen California Municipal Value Fund seller in Q4 2022 was Fiera Capital (Canada), an estimated $2.24M sold.
Based on aggregated 13F filings for Q4 2022.