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Nuveen California Municipal Value Fund

48 hedge funds and large institutions have $26M invested in Nuveen California Municipal Value Fund in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

17% more funds holding

Funds holding: 4148 (+7)

7% more capital invested

Capital invested by funds: $24.2M → $26M (+$1.78M)

0.5% more ownership

Funds ownership: 9.22%9.72% (+0.5%)

10% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 10

Holders
48
Holders Change
+7
Holders Change %
+17.07%
% of All Funds
1.1%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
9
Reduced
10
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$4.61M -$166K -17,664 -4%
UBS Group
2
UBS Group
Switzerland
$4.49M +$181K +19,287 +4%
FFA
3
First Foundation Advisors
California
$4.32M +$1.48M +157,119 +53%
Wells Fargo
4
Wells Fargo
California
$1.94M +$243K +25,823 +14%
RCM
5
Rivernorth Capital Management
Florida
$1.72M +$1.71M +181,586 New
TIM
6
Tortoise Investment Management
New York
$1.06M +$658K +69,958 +166%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$553K
IA
8
IFP Advisors
Florida
$462K +$14.9K +1,589 +3%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$448K
CAN
10
Cetera Advisor Networks
California
$426K +$424K +45,075 New
LCM
11
Landscape Capital Management
New Jersey
$412K -$66.1K -7,031 -14%
MA
12
Mutual Advisors
Nebraska
$383K +$380K +40,356 New
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$355K +$1.88K +200 +0.5%
Bank of America
14
Bank of America
North Carolina
$322K -$124K -13,193 -28%
GC
15
Guggenheim Capital
Illinois
$302K -$579K -61,596 -66%
M&T Bank
16
M&T Bank
New York
$299K +$296K +31,500 New
Invesco
17
Invesco
Georgia
$283K -$344K -36,614 -55%
WS
18
Wedbush Securities
California
$247K +$132 +14 +0.1%
LPL Financial
19
LPL Financial
California
$240K -$1.5M -159,031 -86%
SWP
20
Stratos Wealth Partners
Ohio
$233K +$13.2K +1,400 +6%
WAM
21
Wolverine Asset Management
Illinois
$218K -$872K -92,708 -80%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$205K
WA
23
Winfield Associates
Ohio
$190K +$188K +20,000 New
AAM
24
Advisors Asset Management
Colorado
$178K +$177K +18,797 New
RJA
25
Raymond James & Associates
Florida
$167K

NCA Hedge Fund Activity: Q2 2018 in Review

48 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q2 2018, worth a combined $26M — up 7.4% from $24.2M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new NCA positions and 6 closed out — a net gain of 7 holders — while 9 added to existing stakes and 10 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.71M. The largest seller was LPL Financial, cutting an estimated $1.5M.

  • 48 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q2 2018, up from 41 in Q1 2018.
  • Funds reported $26M of Nuveen California Municipal Value Fund stock for Q2 2018, up 7.4% quarter-over-quarter.
  • 13 funds opened new Nuveen California Municipal Value Fund positions in Q2 2018 and 6 closed out, a net change of +7 holders.
  • The largest Nuveen California Municipal Value Fund buyer in Q2 2018 was Rivernorth Capital Management, an estimated $1.71M added.
  • The largest Nuveen California Municipal Value Fund seller in Q2 2018 was LPL Financial, an estimated $1.5M sold.

Based on aggregated 13F filings for Q2 2018.