NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
49 hedge funds and large institutions have $50.5M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 7 reducing their positions, and 8 closing their positions.
171% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 7
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
7% more capital invested
Capital invested by funds: $47.2M → $50.5M (+$3.32M)
2% more funds holding
Funds holding: 48 → 49 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.3M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$693K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$555K |
| 4 |
Cohen & Steers
New York
|
+$365K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$329K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.15M |
| 2 |
TP
Tranquility Partners
Brentwood,
Tennessee
|
-$423K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$370K |
| 4 |
PAS
Park Avenue Securities
New York
|
-$369K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$360K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TP
51
Tranquility Partners
Brentwood,
Tennessee
| – | -$423K | -29,513 | Closed |
|
|
52
Envestnet Asset Management
Chicago,
Illinois
| – | -$370K | -25,776 | Closed |
|
|
PAS
53
Park Avenue Securities
New York
| – | -$369K | -25,711 | Closed |
|
|
ACA
54
Ackerman Capital Advisors
Dallas,
Texas
| – | -$278K | -19,365 | Closed |
|
|
WAM
55
Wolverine Asset Management
Chicago,
Illinois
| – | -$64K | -4,532 | Closed |
|
|
EW
56
Evoke Wealth
Los Angeles,
California
| – | -$2.17K | -151 | Closed |
|
|
GI
57
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -100 | Closed |
|
NEV Hedge Fund Activity: Q4 2019 in Review
49 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q4 2019, worth a combined $50.5M — up 7% from $47.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NEV positions and 8 closed out — a net gain of 1 holder — while 19 added to existing stakes and 7 trimmed.
The largest buyer was Bank of America, adding an estimated $1.3M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.15M sold.
- 49 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q4 2019, up from 48 in Q3 2019.
- Funds reported $50.5M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q4 2019, up 7% quarter-over-quarter.
- 9 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q4 2019 and 8 closed out, a net change of +1 holder.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q4 2019 was Bank of America, an estimated $1.3M added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q4 2019 was Robinson Capital Management, an estimated $1.15M sold.
Based on aggregated 13F filings for Q4 2019.