Nuveen California Municipal Value Fund 2
NCB was delisted on the 5th of March, 2021.
12 hedge funds and large institutions have $4.2M invested in Nuveen California Municipal Value Fund 2 in 2014 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 1 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
6% less capital invested
Capital invested by funds: $4.47M → $4.2M (-$268K)
8% less funds holding
Funds holding: 13 → 12 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$95.9K |
| 2 |
LPL Financial
San Diego,
California
|
+$94.5K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$65.5K |
| 4 |
Citigroup
New York
|
+$26.6K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$4.92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$571K |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$73.7K |
| 3 |
Morgan Stanley
New York
|
-$31.3K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
1
Tortoise Investment Management
White Plains,
New York
| $1.41M | +$65.5K | +4,000 | +5% |
|
|
2
Morgan Stanley
New York
| $658K | -$31.3K | -1,911 | -5% |
|
|
AAM
3
Advisors Asset Management
Monument,
Colorado
| $562K | -$571K | -34,836 | -51% |
|
|
4
Bank of America
Charlotte,
North Carolina
| $422K | +$95.9K | +5,850 | +30% |
|
|
5
LPL Financial
San Diego,
California
| $312K | +$94.5K | +5,769 | +45% |
|
|
EAM
6
Evanson Asset Management
Carmel,
California
| $306K | – | – | – |
|
|
JMPWA
7
JP Morgan Private Wealth Advisors
San Francisco,
California
| $282K | -$73.7K | -4,500 | -21% |
|
|
EMA
8
Efficient Market Advisors
San Diego,
California
| $98K | – | – | – |
|
9
Wells Fargo
San Francisco,
California
| $95K | – | – | – |
|
|
10
Citigroup
New York
| $52K | +$26.6K | +1,626 | +107% |
|
|
NPC
11
National Planning Corporation
El Segundo,
California
| $5.09K | +$4.92K | +300 | New |
|
12
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | – | – | – |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
NCB Hedge Fund Activity: Q4 2014 in Review
12 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund 2 (NCB) for Q4 2014, worth a combined $4.2M — down 6% from $4.47M a quarter earlier.
Fund positioning in NCB was balanced in Q4 2014: 1 fund opened new positions, 1 closed out, 4 added to existing stakes and 3 trimmed.
The largest buyer was Bank of America, adding an estimated $95.9K. The largest seller was Advisors Asset Management, cutting an estimated $571K.
- 12 institutional investors held Nuveen California Municipal Value Fund 2 (NCB) as of Q4 2014, down from 13 in Q3 2014.
- Funds reported $4.2M of Nuveen California Municipal Value Fund 2 stock for Q4 2014, down 6% quarter-over-quarter.
- 1 fund opened new Nuveen California Municipal Value Fund 2 positions in Q4 2014 and 1 closed out, a net change of 0 holders.
- The largest Nuveen California Municipal Value Fund 2 buyer in Q4 2014 was Bank of America, an estimated $95.9K added.
- The largest Nuveen California Municipal Value Fund 2 seller in Q4 2014 was Advisors Asset Management, an estimated $571K sold.
Based on aggregated 13F filings for Q4 2014.