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Nuveen California Municipal Value Fund

61 hedge funds and large institutions have $63.3M invested in Nuveen California Municipal Value Fund in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more capital invested

Capital invested by funds: $61.5M → $63.3M (+$1.83M)

0% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 10

0.15% less ownership

Funds ownership: 21.97%21.82% (-0.15%)

2% less funds holding

Funds holding: 6261 (-1)

13% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 15

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
61
Holders Change
-1
Holders Change %
-1.61%
% of All Funds
0.97%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
10
Increased
13
Reduced
15
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$8.68M +$857K +97,487 +11%
UBS Group
2
UBS Group
Switzerland
$6.49M +$1.16M +131,616 +22%
GC
3
Guggenheim Capital
Illinois
$6.1M +$425K +48,274 +7%
RCM
4
Rivernorth Capital Management
Florida
$5.94M -$1.25M -142,623 -17%
1CP
5
1607 Capital Partners
Virginia
$5.74M -$214K -24,293 -4%
Wells Fargo
6
Wells Fargo
California
$4.9M -$194K -22,097 -4%
AAM
7
Advisors Asset Management
Colorado
$4.1M +$416K +47,285 +11%
Allspring Global Investments
8
Allspring Global Investments
North Carolina
$3.09M
HWAM
9
Hennion & Walsh Asset Management
New Jersey
$2.45M +$502K +57,113 +26%
TIM
10
Tortoise Investment Management
New York
$1.76M -$158K -18,018 -8%
Bank of America
11
Bank of America
North Carolina
$1.46M +$971K +110,452 +201%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$1.36M +$131K +14,914 +11%
FFA
13
First Foundation Advisors
California
$1.16M
RCG
14
Regatta Capital Group
California
$1.15M
SM
15
Sweeney & Michel
California
$1.07M +$1.09M +123,918 New
RJFSA
16
Raymond James Financial Services Advisors
Florida
$984K +$214K +24,327 +28%
LPL Financial
17
LPL Financial
California
$803K -$103K -11,763 -11%
MWM
18
Melfa Wealth Management
Massachusetts
$741K -$14.2K -1,613 -2%
Osaic Holdings
19
Osaic Holdings
Arizona
$508K +$144K +16,399 +40%
SGWM
20
Sterling Group Wealth Management
California
$476K -$2.78M -316,554 -85%
OPCM
21
Osborne Partners Capital Management
California
$423K
SIA
22
Schechter Investment Advisors
Michigan
$343K
FWM
23
Fortress Wealth Management
California
$308K +$308K +35,000 New
DADC
24
D.A. Davidson & Co
Montana
$275K -$18.6K -2,115 -6%
BRWA
25
B. Riley Wealth Advisors
Florida
$251K

NCA Hedge Fund Activity: Q1 2023 in Review

61 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q1 2023, worth a combined $63.3M — up 3% from $61.5M a quarter earlier.

Fund positioning in NCA was balanced in Q1 2023: 10 funds opened new positions, 10 closed out, 13 added to existing stakes and 15 trimmed.

The largest buyer was UBS Group, adding an estimated $1.16M. The largest seller was Sterling Group Wealth Management, cutting an estimated $2.78M.

  • 61 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q1 2023, down from 62 in Q4 2022.
  • Funds reported $63.3M of Nuveen California Municipal Value Fund stock for Q1 2023, up 3% quarter-over-quarter.
  • 10 funds opened new Nuveen California Municipal Value Fund positions in Q1 2023 and 10 closed out, a net change of 0 holders.
  • The largest Nuveen California Municipal Value Fund buyer in Q1 2023 was UBS Group, an estimated $1.16M added.
  • The largest Nuveen California Municipal Value Fund seller in Q1 2023 was Sterling Group Wealth Management, an estimated $2.78M sold.

Based on aggregated 13F filings for Q1 2023.