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Nuveen California Municipal Value Fund

42 hedge funds and large institutions have $36.3M invested in Nuveen California Municipal Value Fund in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

63% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 8

11% more funds holding

Funds holding: 3842 (+4)

6% more capital invested

Capital invested by funds: $34.4M → $36.3M (+$1.93M)

0.59% more ownership

Funds ownership: 11.54%12.13% (+0.59%)

Holders
42
Holders Change
+4
Holders Change %
+10.53%
% of All Funds
0.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
13
Reduced
8
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FFA
1
First Foundation Advisors
California
$7.42M +$126K +12,020 +2%
Morgan Stanley
2
Morgan Stanley
New York
$5.76M +$623K +59,427 +12%
UBS Group
3
UBS Group
Switzerland
$4.75M +$157K +14,994 +3%
GC
4
Guggenheim Capital
Illinois
$3.29M +$760K +72,505 +31%
Wells Fargo
5
Wells Fargo
California
$2.45M +$390K +37,189 +19%
TIM
6
Tortoise Investment Management
New York
$1.51M -$125K -11,933 -8%
1CP
7
1607 Capital Partners
Virginia
$1.35M -$1.2M -114,234 -47%
AAM
8
Advisors Asset Management
Colorado
$1.13M +$210K +20,072 +23%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$851K -$14.7K -1,401 -2%
LPL Financial
10
LPL Financial
California
$804K -$3.64K -347 -0.5%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$649K +$32.5K +3,100 +5%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$582K +$870 +83 +0.2%
WA
13
Winfield Associates
Ohio
$485K
HWA
14
HCR Wealth Advisors
California
$473K +$259K +24,679 +125%
MA
15
Mutual Advisors
Nebraska
$455K +$84 +8 +0%
MCCP
16
Mission Creek Capital Partners
California
$412K +$406K +38,700 New
M&T Bank
17
M&T Bank
New York
$336K
OIA
18
OneDigital Investment Advisors
Kansas
$292K +$17.3K +1,653 +6%
CAN
19
Cetera Advisor Networks
California
$275K -$15.7K -1,500 -6%
WS
20
Wedbush Securities
California
$267K -$10.5K -999 -4%
AAS
21
Avantax Advisory Services
Texas
$262K +$258K +24,639 New
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$243K +$70.2K +6,700 +42%
Bank of America
23
Bank of America
North Carolina
$209K +$27K +2,572 +15%
Creative Planning
24
Creative Planning
Kansas
$203K
GPA
25
Garrison Point Advisors
California
$182K

NCA Hedge Fund Activity: Q4 2019 in Review

42 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q4 2019, worth a combined $36.3M — up 5.6% from $34.4M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new NCA positions and 2 closed out — a net gain of 4 holders — while 13 added to existing stakes and 8 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $760K. The largest seller was 1607 Capital Partners, cutting an estimated $1.2M.

  • 42 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q4 2019, up from 38 in Q3 2019.
  • Funds reported $36.3M of Nuveen California Municipal Value Fund stock for Q4 2019, up 5.6% quarter-over-quarter.
  • 6 funds opened new Nuveen California Municipal Value Fund positions in Q4 2019 and 2 closed out, a net change of +4 holders.
  • The largest Nuveen California Municipal Value Fund buyer in Q4 2019 was Guggenheim Capital, an estimated $760K added.
  • The largest Nuveen California Municipal Value Fund seller in Q4 2019 was 1607 Capital Partners, an estimated $1.2M sold.

Based on aggregated 13F filings for Q4 2019.