NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
23 hedge funds and large institutions have $22M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
2% less capital invested
Capital invested by funds: $22.4M → $22M (-$456K)
4% less funds holding
Funds holding: 24 → 23 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$624K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$350K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$336K |
| 4 |
Morgan Stanley
New York
|
+$300K |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.28M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$425K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$355K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$164K |
| 5 |
VanEck Associates
New York
|
-$21.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
26
Credit Suisse
Zurich,
Switzerland
| – | -$355K | -23,840 | Closed |
|
|
FAAS
27
First Allied Advisory Services
San Diego,
California
| – | -$164K | -11,000 | Closed |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$15K | -1,000 | Closed |
|
NEV Hedge Fund Activity: Q3 2014 in Review
23 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q3 2014, worth a combined $22M — down 2% from $22.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NEV and 4 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 10 added.
The largest buyer was Guggenheim Capital, adding an estimated $624K. The largest seller was Advisors Asset Management, exiting entirely with an estimated $1.28M sold.
- 23 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q3 2014, down from 24 in Q2 2014.
- Funds reported $22M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q3 2014, down 2% quarter-over-quarter.
- 4 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q3 2014 and 5 closed out, a net change of -1 holder.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q3 2014 was Guggenheim Capital, an estimated $624K added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q3 2014 was Advisors Asset Management, an estimated $1.28M sold.
Based on aggregated 13F filings for Q3 2014.