Nuveen California Municipal Value Fund
NCA
62 hedge funds and large institutions have $64.9M invested in Nuveen California Municipal Value Fund in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 6 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
2% less funds holding
Funds holding: 63 → 62 (-1)
3.62% less ownership
Funds ownership: 25.44% → 21.82% (-3.6%)
14% less capital invested
Capital invested by funds: $75.5M → $64.9M (-$10.5M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$1.15M |
| 2 |
LPL Financial
San Diego,
California
|
+$842K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$757K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$553K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.81M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.79M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.21M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$765K |
| 5 |
SGWM
Sterling Group Wealth Management
Pasadena,
California
|
-$484K |
NCA Hedge Fund Activity: Q1 2024 in Review
62 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q1 2024, worth a combined $64.9M — down 14% from $75.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NCA and 5 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 17 added.
The largest buyer was Bank of New York Mellon, opening a new position worth an estimated $1.15M. The largest seller was Morgan Stanley, cutting an estimated $9.81M.
- 62 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q1 2024, down from 63 in Q4 2023.
- Funds reported $64.9M of Nuveen California Municipal Value Fund stock for Q1 2024, down 14% quarter-over-quarter.
- 5 funds opened new Nuveen California Municipal Value Fund positions in Q1 2024 and 6 closed out, a net change of -1 holder.
- The largest Nuveen California Municipal Value Fund buyer in Q1 2024 was Bank of New York Mellon, an estimated $1.15M added.
- The largest Nuveen California Municipal Value Fund seller in Q1 2024 was Morgan Stanley, an estimated $9.81M sold.
Based on aggregated 13F filings for Q1 2024.