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Nuveen California Municipal Value Fund

54 hedge funds and large institutions have $48.8M invested in Nuveen California Municipal Value Fund in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 12

0.49% more ownership

Funds ownership: 17.41%17.9% (+0.49%)

2% less capital invested

Capital invested by funds: $49.9M → $48.8M (-$1.14M)

10% less funds holding

Funds holding: 6054 (-6)

80% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 5

Holders
54
Holders Change
-6
Holders Change %
-10%
% of All Funds
0.93%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
18
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$8.1M +$1.15M +129,937 +15%
1CP
2
1607 Capital Partners
Virginia
$4.93M +$5.33K +600 +0.1%
GC
3
Guggenheim Capital
Illinois
$4.69M +$175K +19,710 +4%
RCM
4
Rivernorth Capital Management
Florida
$4.67M -$270K -30,414 -5%
Wells Fargo
5
Wells Fargo
California
$3.82M -$243K -27,380 -6%
UBS Group
6
UBS Group
Switzerland
$3.12M +$137K +15,427 +4%
Allspring Global Investments
7
Allspring Global Investments
North Carolina
$2.9M +$69.2K +7,800 +2%
AAM
8
Advisors Asset Management
Colorado
$2.64M +$544K +61,237 +24%
Fiera Capital (Canada)
9
Fiera Capital (Canada)
Quebec, Canada
$2.24M -$17.3K -1,950 -0.7%
TIM
10
Tortoise Investment Management
New York
$1.87M -$35.5K -4,000 -2%
LPL Financial
11
LPL Financial
California
$1.05M +$138K +15,528 +14%
HWAM
12
Hennion & Walsh Asset Management
New Jersey
$812K +$591K +66,615 +210%
FFA
13
First Foundation Advisors
California
$732K +$26.6K +3,000 +4%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$636K -$13.7K -1,545 -2%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$566K -$142K -15,966 -19%
MA
16
Mutual Advisors
Nebraska
$523K +$14.7K +1,656 +3%
MIAN
17
Mariner Independent Advisor Network
Kansas
$416K +$208K +23,482 +87%
OPCM
18
Osborne Partners Capital Management
California
$413K -$15.1K -1,700 -3%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$353K +$18.4K +2,075 +5%
Osaic Holdings
20
Osaic Holdings
Arizona
$339K -$49.9K -5,617 -12%
SIA
21
Schechter Investment Advisors
Michigan
$330K
AA
22
AQR Arbitrage
Connecticut
$278K -$38.6K -4,348 -11%
DADC
23
D.A. Davidson & Co
Montana
$276K +$15.5K +1,750 +6%
RCM
24
RB Capital Management
Nevada
$263K -$7.28K -820 -3%
BRWA
25
B. Riley Wealth Advisors
Florida
$236K +$253K +28,487 New

NCA Hedge Fund Activity: Q3 2022 in Review

54 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q3 2022, worth a combined $48.8M — down 2.3% from $49.9M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of NCA and 1 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 18 added.

The largest buyer was Morgan Stanley, adding an estimated $1.15M. The largest seller was Rivernorth Capital Management, cutting an estimated $270K.

  • 54 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q3 2022, down from 60 in Q2 2022.
  • Funds reported $48.8M of Nuveen California Municipal Value Fund stock for Q3 2022, down 2.3% quarter-over-quarter.
  • 1 fund opened new Nuveen California Municipal Value Fund positions in Q3 2022 and 5 closed out, a net change of -4 holders.
  • The largest Nuveen California Municipal Value Fund buyer in Q3 2022 was Morgan Stanley, an estimated $1.15M added.
  • The largest Nuveen California Municipal Value Fund seller in Q3 2022 was Rivernorth Capital Management, an estimated $270K sold.

Based on aggregated 13F filings for Q3 2022.