NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
41 hedge funds and large institutions have $45.2M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 7 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 9
11% more capital invested
Capital invested by funds: $40.8M → $45.2M (+$4.4M)
7% less funds holding
Funds holding: 44 → 41 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$3.41M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.86M |
| 3 |
AGM
Alpine Global Management
New York
|
+$619K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$380K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$371K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.49M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$495K |
| 3 |
Millennium Management
New York
|
-$256K |
| 4 |
Squarepoint
New York
|
-$223K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$210K |
NEV Hedge Fund Activity: Q1 2017 in Review
41 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q1 2017, worth a combined $45.2M — up 11% from $40.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NEV and 4 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 19 added.
The largest buyer was Laurion Capital Management, adding an estimated $3.41M. The largest seller was Bank of America, cutting an estimated $2.49M.
- 41 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q1 2017, down from 44 in Q4 2016.
- Funds reported $45.2M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q1 2017, up 11% quarter-over-quarter.
- 4 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q1 2017 and 7 closed out, a net change of -3 holders.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q1 2017 was Laurion Capital Management, an estimated $3.41M added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q1 2017 was Bank of America, an estimated $2.49M sold.
Based on aggregated 13F filings for Q1 2017.