Nuveen California Municipal Value Fund 2
NCB was delisted on the 5th of March, 2021.
11 hedge funds and large institutions have $2.56M invested in Nuveen California Municipal Value Fund 2 in 2017 Q1 according to their latest regulatory filings, with funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 1 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
22% more capital invested
Capital invested by funds: $2.1M → $2.56M (+$453K)
8% less funds holding
Funds holding: 12 → 11 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$273K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$40.2K |
| 3 |
LPL Financial
San Diego,
California
|
+$34.2K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$18.8K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$33 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$39.9K |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $812K | +$273K | +16,412 | +52% |
|
|
2
LPL Financial
San Diego,
California
| $626K | +$34.2K | +2,060 | +6% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $494K | +$40.2K | +2,420 | +9% |
|
|
EAM
4
Evanson Asset Management
Carmel,
California
| $309K | – | – | – |
|
|
5
Wells Fargo
San Francisco,
California
| $144K | +$18.8K | +1,132 | +15% |
|
|
6
UBS Group
Zurich,
Switzerland
| $100K | -$39.9K | -2,400 | -29% |
|
|
IA
7
IFP Advisors
Tampa,
Florida
| $29K | – | – | – |
|
8
Citigroup
New York
| $25K | – | – | – |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $8K | – | – | – |
|
|
DADC
10
D.A. Davidson & Co
Great Falls,
Montana
| $5K | – | – | – |
|
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | +$33 | +2 | +0.9% |
|
|
TIM
12
Tortoise Investment Management
White Plains,
New York
| – | -$8K | -510 | Closed |
|
NCB Hedge Fund Activity: Q1 2017 in Review
11 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund 2 (NCB) for Q1 2017, worth a combined $2.56M — up 22% from $2.1M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of NCB and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 5 added.
The largest buyer was Morgan Stanley, adding an estimated $273K. The largest seller was UBS Group, cutting an estimated $39.9K.
- 11 institutional investors held Nuveen California Municipal Value Fund 2 (NCB) as of Q1 2017, down from 12 in Q4 2016.
- Funds reported $2.56M of Nuveen California Municipal Value Fund 2 stock for Q1 2017, up 22% quarter-over-quarter.
- 0 funds opened new Nuveen California Municipal Value Fund 2 positions in Q1 2017 and 1 closed out, a net change of -1 holder.
- The largest Nuveen California Municipal Value Fund 2 buyer in Q1 2017 was Morgan Stanley, an estimated $273K added.
- The largest Nuveen California Municipal Value Fund 2 seller in Q1 2017 was UBS Group, an estimated $39.9K sold.
Based on aggregated 13F filings for Q1 2017.