Nuveen California Municipal Value Fund
NCA
33 hedge funds and large institutions have $26.6M invested in Nuveen California Municipal Value Fund in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
14% more funds holding
Funds holding: 29 → 33 (+4)
12% more capital invested
Capital invested by funds: $23.8M → $26.6M (+$2.77M)
1.59% more ownership
Funds ownership: 7.8% → 9.39% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.83M |
| 2 |
Morgan Stanley
New York
|
+$397K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$310K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$260K |
| 5 |
MBT
Montecito Bank & Trust
Santa Barbara,
California
|
+$188K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$476K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$150K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$149K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$137K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$53.8K |
NCA Hedge Fund Activity: Q4 2016 in Review
33 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q4 2016, worth a combined $26.6M — up 12% from $23.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NCA positions and 2 closed out — a net gain of 5 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.83M. The largest seller was Guggenheim Capital, cutting an estimated $476K.
- 33 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q4 2016, up from 29 in Q3 2016.
- Funds reported $26.6M of Nuveen California Municipal Value Fund stock for Q4 2016, up 12% quarter-over-quarter.
- 7 funds opened new Nuveen California Municipal Value Fund positions in Q4 2016 and 2 closed out, a net change of +5 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q4 2016 was LPL Financial, an estimated $3.83M added.
- The largest Nuveen California Municipal Value Fund seller in Q4 2016 was Guggenheim Capital, an estimated $476K sold.
Based on aggregated 13F filings for Q4 2016.