Nuveen California Municipal Value Fund
NCA
54 hedge funds and large institutions have $64.1M invested in Nuveen California Municipal Value Fund in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 13 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
1% more capital invested
Capital invested by funds: $63.7M → $64.1M (+$444K)
0.36% less ownership
Funds ownership: 22.75% → 22.39% (-0.36%)
11% less funds holding
Funds holding: 61 → 54 (-7)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$892K |
| 2 |
LPL Financial
San Diego,
California
|
+$791K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$532K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$495K |
| 5 |
APWA
Atlas Private Wealth Advisors
Matawan,
New Jersey
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.12M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$670K |
| 3 |
AWS
Atria Wealth Solutions
New York
|
-$533K |
| 4 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
-$477K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$342K |
NCA Hedge Fund Activity: Q1 2025 in Review
54 of the 7,463 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund (NCA) for Q1 2025, worth a combined $64.1M — up 0.7% from $63.7M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of NCA and 6 opened new positions — a net loss of 7 holders — while 13 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $892K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.12M sold.
- 54 institutional investors held Nuveen California Municipal Value Fund (NCA) as of Q1 2025, down from 61 in Q4 2024.
- Funds reported $64.1M of Nuveen California Municipal Value Fund stock for Q1 2025, up 0.7% quarter-over-quarter.
- 6 funds opened new Nuveen California Municipal Value Fund positions in Q1 2025 and 13 closed out, a net change of -7 holders.
- The largest Nuveen California Municipal Value Fund buyer in Q1 2025 was Morgan Stanley, an estimated $892K added.
- The largest Nuveen California Municipal Value Fund seller in Q1 2025 was Rivernorth Capital Management, an estimated $2.12M sold.
Based on aggregated 13F filings for Q1 2025.