NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
46 hedge funds and large institutions have $49.5M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 8 closing their positions.
3% more capital invested
Capital invested by funds: $47.8M → $49.5M (+$1.64M)
4% less funds holding
Funds holding: 48 → 46 (-2)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$592K |
| 2 |
Morgan Stanley
New York
|
+$419K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$361K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$351K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.19M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$625K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$464K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$406K |
NEV Hedge Fund Activity: Q2 2020 in Review
46 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q2 2020, worth a combined $49.5M — up 3.4% from $47.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NEV and 6 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 14 added.
The largest buyer was UBS Group, adding an estimated $592K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.19M sold.
- 46 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q2 2020, down from 48 in Q1 2020.
- Funds reported $49.5M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q2 2020, up 3.4% quarter-over-quarter.
- 6 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q2 2020 and 8 closed out, a net change of -2 holders.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q2 2020 was UBS Group, an estimated $592K added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q2 2020 was Rivernorth Capital Management, an estimated $3.19M sold.
Based on aggregated 13F filings for Q2 2020.