NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
25 hedge funds and large institutions have $25.8M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
14% more funds holding
Funds holding: 22 → 25 (+3)
13% less capital invested
Capital invested by funds: $29.6M → $25.8M (-$3.82M)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$773K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$503K |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$342K |
| 4 |
Morgan Stanley
New York
|
+$279K |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.79M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.13M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.13M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$641K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$360K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAAS
26
First Allied Advisory Services
San Diego,
California
| – | -$190K | -13,800 | Closed |
|
27
Ameriprise
Minneapolis,
Minnesota
| – | -$39K | -2,911 | Closed |
|
NEV Hedge Fund Activity: Q4 2013 in Review
25 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q4 2013, worth a combined $25.8M — down 13% from $29.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NEV positions and 2 closed out — a net gain of 3 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Mariner Investment Group, opening a new position worth an estimated $773K. The largest seller was Guggenheim Capital, cutting an estimated $1.79M.
- 25 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q4 2013, up from 22 in Q3 2013.
- Funds reported $25.8M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q4 2013, down 13% quarter-over-quarter.
- 5 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q4 2013 and 2 closed out, a net change of +3 holders.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q4 2013 was Mariner Investment Group, an estimated $773K added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q4 2013 was Guggenheim Capital, an estimated $1.79M sold.
Based on aggregated 13F filings for Q4 2013.