Nuveen California Municipal Value Fund 2
NCB was delisted on the 5th of March, 2021.
12 hedge funds and large institutions have $2.1M invested in Nuveen California Municipal Value Fund 2 in 2016 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
20% less funds holding
Funds holding: 15 → 12 (-3)
20% less capital invested
Capital invested by funds: $2.64M → $2.1M (-$536K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$115K |
| 2 |
LPL Financial
San Diego,
California
|
+$101K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$89.9K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.38K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.05K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$307K |
| 2 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
-$193K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$19K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$10K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$168 |
NCB Hedge Fund Activity: Q4 2016 in Review
12 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund 2 (NCB) for Q4 2016, worth a combined $2.1M — down 20% from $2.64M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NCB and 0 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was Morgan Stanley, adding an estimated $115K. The largest seller was Cetera Advisor Networks, exiting entirely with an estimated $307K sold.
- 12 institutional investors held Nuveen California Municipal Value Fund 2 (NCB) as of Q4 2016, down from 15 in Q3 2016.
- Funds reported $2.1M of Nuveen California Municipal Value Fund 2 stock for Q4 2016, down 20% quarter-over-quarter.
- 0 funds opened new Nuveen California Municipal Value Fund 2 positions in Q4 2016 and 3 closed out, a net change of -3 holders.
- The largest Nuveen California Municipal Value Fund 2 buyer in Q4 2016 was Morgan Stanley, an estimated $115K added.
- The largest Nuveen California Municipal Value Fund 2 seller in Q4 2016 was Cetera Advisor Networks, an estimated $307K sold.
Based on aggregated 13F filings for Q4 2016.