Nuveen California Municipal Value Fund 2
NCB was delisted on the 5th of March, 2021.
13 hedge funds and large institutions have $3.33M invested in Nuveen California Municipal Value Fund 2 in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
3% more capital invested
Capital invested by funds: $3.23M → $3.33M (+$103K)
7% less funds holding
Funds holding: 14 → 13 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$393K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$25.4K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$10.5K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$7.75K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$279 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$148K |
| 2 |
Morgan Stanley
New York
|
-$69.5K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$19.6K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.09K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $933K | -$69.5K | -4,480 | -7% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $483K | -$2.09K | -135 | -0.4% |
|
3
LPL Financial
San Diego,
California
| $420K | – | – | – |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $386K | +$393K | +25,311 | New |
|
|
BRWM
5
B. Riley Wealth Management
Memphis,
Tennessee
| $357K | – | – | – |
|
|
6
Wells Fargo
San Francisco,
California
| $281K | +$10.5K | +680 | +4% |
|
|
EAM
7
Evanson Asset Management
Carmel,
California
| $279K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| $83K | -$19.6K | -1,267 | -19% |
|
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $31K | +$25.4K | +1,635 | +436% |
|
|
IA
10
IFP Advisors
Tampa,
Florida
| $27K | +$279 | +18 | +1% |
|
11
Citigroup
New York
| $23K | – | – | – |
|
|
LTFS
12
Ladenburg Thalmann Financial Services
Miami,
Florida
| $15K | +$7.75K | +500 | +100% |
|
|
JIR
13
James Investment Research
Alpha,
Ohio
| $14K | – | – | – |
|
|
SWP
14
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$148K | -9,415 | Closed |
|
NCB Hedge Fund Activity: Q4 2018 in Review
13 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Nuveen California Municipal Value Fund 2 (NCB) for Q4 2018, worth a combined $3.33M — up 3.2% from $3.23M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NCB and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $393K. The largest seller was Stratos Wealth Partners, exiting entirely with an estimated $148K sold.
- 13 institutional investors held Nuveen California Municipal Value Fund 2 (NCB) as of Q4 2018, down from 14 in Q3 2018.
- Funds reported $3.33M of Nuveen California Municipal Value Fund 2 stock for Q4 2018, up 3.2% quarter-over-quarter.
- 1 fund opened new Nuveen California Municipal Value Fund 2 positions in Q4 2018 and 2 closed out, a net change of -1 holder.
- The largest Nuveen California Municipal Value Fund 2 buyer in Q4 2018 was Susquehanna International Group, an estimated $393K added.
- The largest Nuveen California Municipal Value Fund 2 seller in Q4 2018 was Stratos Wealth Partners, an estimated $148K sold.
Based on aggregated 13F filings for Q4 2018.