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Nuveen California Municipal Value Fund

57 hedge funds and large institutions have $45.8M invested in Nuveen California Municipal Value Fund in 2022 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $42.9M → $45.8M (+$2.89M)

2.28% more ownership

Funds ownership: 12.81%15.09% (+2.3%)

6% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 17

2% less funds holding

Funds holding: 5857 (-1)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

Holders
57
Holders Change
-1
Holders Change %
-1.72%
% of All Funds
0.9%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
18
Reduced
17
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$6.82M +$257K +26,670 +4%
RCM
2
Rivernorth Capital Management
Florida
$5.61M +$2.24M +232,534 +61%
GC
3
Guggenheim Capital
Illinois
$5.05M +$128K +13,313 +2%
Wells Fargo
4
Wells Fargo
California
$3.91M +$829K +86,196 +25%
UBS Group
5
UBS Group
Switzerland
$3.79M -$466K -48,401 -10%
1CP
6
1607 Capital Partners
Virginia
$3.1M +$1.12M +116,178 +52%
Fiera Capital (Canada)
7
Fiera Capital (Canada)
Quebec, Canada
$2.21M +$1.67M +173,511 +255%
Allspring Global Investments
8
Allspring Global Investments
North Carolina
$2.14M +$2.19M +227,144 +3,723%
TIM
9
Tortoise Investment Management
New York
$2.02M +$434K +45,077 +26%
LPL Financial
10
LPL Financial
California
$1M +$90.6K +9,413 +9%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$800K +$305K +31,687 +57%
AAM
12
Advisors Asset Management
Colorado
$762K +$516K +53,659 +182%
FFA
13
First Foundation Advisors
California
$714K -$306K -31,768 -29%
WA
14
Winfield Associates
Ohio
$493K -$2.89K -300 -0.6%
OPCM
15
Osborne Partners Capital Management
California
$492K -$19.2K -2,000 -4%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$429K -$41.5K -4,309 -8%
MA
17
Mutual Advisors
Nebraska
$411K +$53.2K +5,535 +14%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$369K -$47.6K -4,952 -11%
SIA
19
Schechter Investment Advisors
Michigan
$366K -$4.65K -483 -1%
Osaic Holdings
20
Osaic Holdings
Arizona
$337K -$77.5K -8,056 -18%
BRWM
21
B. Riley Wealth Management
Tennessee
$309K
Bank of America
22
Bank of America
North Carolina
$308K -$12.4K -1,285 -4%
RCM
23
RB Capital Management
Nevada
$298K -$30.7K -3,187 -9%
HWAM
24
Hennion & Walsh Asset Management
New Jersey
$271K +$284K +29,550 New
CAN
25
Cetera Advisor Networks
California
$236K -$43.7K -4,538 -15%

NCA Hedge Fund Activity: Q1 2022 in Review

57 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q1 2022, worth a combined $45.8M — up 6.7% from $42.9M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of NCA and 8 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 18 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $2.24M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $879K sold.

  • 57 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q1 2022, down from 58 in Q4 2021.
  • Funds reported $45.8M of Nuveen California Municipal Value Fund stock for Q1 2022, up 6.7% quarter-over-quarter.
  • 8 funds opened new Nuveen California Municipal Value Fund positions in Q1 2022 and 9 closed out, a net change of -1 holder.
  • The largest Nuveen California Municipal Value Fund buyer in Q1 2022 was Rivernorth Capital Management, an estimated $2.24M added.
  • The largest Nuveen California Municipal Value Fund seller in Q1 2022 was Mariner Investment Group, an estimated $879K sold.

Based on aggregated 13F filings for Q1 2022.