Nuveen California Municipal Value Fund
NCA
57 hedge funds and large institutions have $60M invested in Nuveen California Municipal Value Fund in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 5 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
0.63% less ownership
Funds ownership: 21.82% → 21.19% (-0.63%)
5% less capital invested
Capital invested by funds: $63.3M → $60M (-$3.32M)
7% less funds holding
Funds holding: 61 → 57 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.44M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$479K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$474K |
| 4 |
Morgan Stanley
New York
|
+$264K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$2.17M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.32M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$782K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$276K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$222K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFP Advisors
Tampa,
Florida
| $19.7K | – | – | – |
|
|
BCWM
52
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| $16.2K | – | – | – |
|
|
BC
53
Bartlett & Co
Cincinnati,
Ohio
| $16K | – | – | – |
|
|
TJHA
54
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $9.58K | -$1.66K | -190 | -15% |
|
|
CSC
55
Caldwell Sutter Capital
Sausalito,
California
| $9.4K | – | – | – |
|
56
US Bancorp
Minneapolis,
Minnesota
| $4.28K | – | – | – |
|
|
FIA
57
FNY Investment Advisers
New York
| $4K | – | – | – |
|
|
PI
58
PFG Investments
Woodbury,
New York
| – | -$116K | -13,202 | Closed |
|
|
JIR
59
James Investment Research
Alpha,
Ohio
| – | -$73K | -8,230 | Closed |
|
|
ASN
60
Advisory Services Network
Atlanta,
Georgia
| – | -$26.7K | -3,034 | Closed |
|
|
PO
61
Private Ocean
San Rafael,
California
| – | -$17.4K | -1,972 | Closed |
|
62
JP Morgan Chase
New York
| – | -$2K | -180 | Closed |
|
NCA Hedge Fund Activity: Q2 2023 in Review
57 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q2 2023, worth a combined $60M — down 5.2% from $63.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NCA and 1 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 20 added.
The largest buyer was UBS Group, adding an estimated $1.44M. The largest seller was Allspring Global Investments, cutting an estimated $2.17M.
- 57 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q2 2023, down from 61 in Q1 2023.
- Funds reported $60M of Nuveen California Municipal Value Fund stock for Q2 2023, down 5.2% quarter-over-quarter.
- 1 fund opened new Nuveen California Municipal Value Fund positions in Q2 2023 and 5 closed out, a net change of -4 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q2 2023 was UBS Group, an estimated $1.44M added.
- The largest Nuveen California Municipal Value Fund seller in Q2 2023 was Allspring Global Investments, an estimated $2.17M sold.
Based on aggregated 13F filings for Q2 2023.