NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
64 hedge funds and large institutions have $69.1M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2022 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 3 closing their positions.
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
19% more funds holding
Funds holding: 54 → 64 (+10)
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
10% less capital invested
Capital invested by funds: $77M → $69.1M (-$7.92M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.89M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.41M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.23M |
| 4 |
PAS
Park Avenue Securities
New York
|
+$1.19M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$984K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$3.44M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$870K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$608K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$374K |
| 5 |
Morgan Stanley
New York
|
-$371K |
NEV Hedge Fund Activity: Q1 2022 in Review
64 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q1 2022, worth a combined $69.1M — down 10% from $77M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NEV positions and 3 closed out — a net gain of 13 holders — while 20 added to existing stakes and 17 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $2.89M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $3.44M.
- 64 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q1 2022, up from 54 in Q4 2021.
- Funds reported $69.1M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q1 2022, down 10% quarter-over-quarter.
- 16 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q1 2022 and 3 closed out, a net change of +13 holders.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q1 2022 was Rivernorth Capital Management, an estimated $2.89M added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q1 2022 was Hennion & Walsh Asset Management, an estimated $3.44M sold.
Based on aggregated 13F filings for Q1 2022.