NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
44 hedge funds and large institutions have $53.7M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 6 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
13% more capital invested
Capital invested by funds: $47.4M → $53.7M (+$6.35M)
2% more funds holding
Funds holding: 43 → 44 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.57M |
| 2 |
Rockefeller Capital Management
New York
|
+$408K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$245K |
| 4 |
Morgan Stanley
New York
|
+$238K |
| 5 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$175K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$983K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$639K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$300K |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
-$287K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$223K |
NEV Hedge Fund Activity: Q4 2020 in Review
44 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q4 2020, worth a combined $53.7M — up 13% from $47.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NEV positions and 6 closed out — a net gain of 1 holder — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Kestra Advisory Services, adding an estimated $2.57M. The largest seller was Cohen & Steers, cutting an estimated $983K.
- 44 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q4 2020, up from 43 in Q3 2020.
- Funds reported $53.7M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q4 2020, up 13% quarter-over-quarter.
- 7 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q4 2020 and 6 closed out, a net change of +1 holder.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q4 2020 was Kestra Advisory Services, an estimated $2.57M added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q4 2020 was Cohen & Steers, an estimated $983K sold.
Based on aggregated 13F filings for Q4 2020.