Nuveen California Municipal Value Fund
NCA
42 hedge funds and large institutions have $35.6M invested in Nuveen California Municipal Value Fund in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 41 → 42 (+1)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0.84% less ownership
Funds ownership: 12.58% → 11.75% (-0.84%)
2% less capital invested
Capital invested by funds: $36.1M → $35.6M (-$577K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$378K |
| 2 |
FAT
First American Trust
Santa Ana,
California
|
+$146K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$122K |
| 4 |
PA
Parallel Advisors
San Francisco,
California
|
+$85.3K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$73.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.04M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$491K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$256K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$196K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$180K |
NCA Hedge Fund Activity: Q3 2020 in Review
42 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q3 2020, worth a combined $35.6M — down 1.6% from $36.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NCA positions and 3 closed out — a net gain of 1 holder — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $378K. The largest seller was UBS Group, cutting an estimated $2.04M.
- 42 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q3 2020, up from 41 in Q2 2020.
- Funds reported $35.6M of Nuveen California Municipal Value Fund stock for Q3 2020, down 1.6% quarter-over-quarter.
- 4 funds opened new Nuveen California Municipal Value Fund positions in Q3 2020 and 3 closed out, a net change of +1 holder.
- The largest Nuveen California Municipal Value Fund buyer in Q3 2020 was Guggenheim Capital, an estimated $378K added.
- The largest Nuveen California Municipal Value Fund seller in Q3 2020 was UBS Group, an estimated $2.04M sold.
Based on aggregated 13F filings for Q3 2020.