NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
26 hedge funds and large institutions have $40.6M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 2 reducing their positions, and 5 closing their positions.
550% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 2
0% more capital invested
Capital invested by funds: $40.5M → $40.6M (+$113K)
4% less funds holding
Funds holding: 27 → 26 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.01M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$930K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$874K |
| 4 |
Morgan Stanley
New York
|
+$596K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$370K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.27M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.01M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$677K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$441K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$219K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $15K | +$16K | +971 | New |
|
|
RCM
27
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$1.27M | -77,644 | Closed |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| – | -$1.01M | -61,500 | Closed |
|
|
CRC
29
Curi RMB Capital
Chicago,
Illinois
| – | -$677K | -41,317 | Closed |
|
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$441K | -26,951 | Closed |
|
|
MFS
31
MSI Financial Services
Springfield,
Massachusetts
| – | -$33K | -2,000 | Closed |
|
NEV Hedge Fund Activity: Q3 2016 in Review
26 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q3 2016, worth a combined $40.6M — up 0.28% from $40.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NEV and 4 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 13 added.
The largest buyer was Bank of America, adding an estimated $1.01M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.27M sold.
- 26 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q3 2016, down from 27 in Q2 2016.
- Funds reported $40.6M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q3 2016, up 0.28% quarter-over-quarter.
- 4 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q3 2016 and 5 closed out, a net change of -1 holder.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q3 2016 was Bank of America, an estimated $1.01M added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q3 2016 was Robinson Capital Management, an estimated $1.27M sold.
Based on aggregated 13F filings for Q3 2016.