Nuveen California Municipal Value Fund
NCA
61 hedge funds and large institutions have $63.6M 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.
3% more capital invested
Capital invested by funds: $61.5M → $63.6M (+$2.11M)
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: 62 → 61 (-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: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.16M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$971K |
| 3 |
Morgan Stanley
New York
|
+$857K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$502K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$425K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGWM
Sterling Group Wealth Management
Pasadena,
California
|
-$2.78M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.25M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$1.17M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$279K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$214K |
NCA Hedge Fund Activity: Q1 2023 in Review
61 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q1 2023, worth a combined $63.6M — up 3.4% 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 $63.6M of Nuveen California Municipal Value Fund stock for Q1 2023, up 3.4% 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.