NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
50 hedge funds and large institutions have $72.8M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
36% more capital invested
Capital invested by funds: $53.7M → $72.8M (+$19.1M)
14% more funds holding
Funds holding: 44 → 50 (+6)
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$410K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$398K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$249K |
| 4 |
TC
Telemus Capital
Southfield,
Michigan
|
+$209K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$2.17M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$860K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$673K |
| 4 |
Cohen & Steers
New York
|
-$485K |
| 5 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
-$187K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Cohen & Steers
New York
| – | -$485K | -29,716 | Closed |
|
|
AWM
52
Apollon Wealth Management
Mount Pleasant,
South Carolina
| – | -$187K | -11,492 | Closed |
|
|
AWG
53
Altus Wealth Group
Colorado Springs,
Colorado
| – | -$86K | -5,275 | Closed |
|
|
PAM
54
Panagora Asset Management
Boston,
Massachusetts
| – | +$434 | +27 | New |
|
NEV Hedge Fund Activity: Q1 2021 in Review
50 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q1 2021, worth a combined $72.8M — up 36% from $53.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NEV positions and 4 closed out — a net gain of 6 holders — while 15 added to existing stakes and 15 trimmed.
The largest buyer was D.A. Davidson & Co, adding an estimated $410K. The largest seller was Kestra Advisory Services, cutting an estimated $2.17M.
- 50 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q1 2021, up from 44 in Q4 2020.
- Funds reported $72.8M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q1 2021, up 36% quarter-over-quarter.
- 10 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q1 2021 and 4 closed out, a net change of +6 holders.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q1 2021 was D.A. Davidson & Co, an estimated $410K added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q1 2021 was Kestra Advisory Services, an estimated $2.17M sold.
Based on aggregated 13F filings for Q1 2021.