NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
21 hedge funds and large institutions have $27.7M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 3 closing their positions.
18% more capital invested
Capital invested by funds: $23.4M → $27.7M (+$4.23M)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
5% less funds holding
Funds holding: 22 → 21 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.2M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$495K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$259K |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$201K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$198K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$344K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$275K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$234K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$116K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$36K |
NEV Hedge Fund Activity: Q1 2015 in Review
21 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q1 2015, worth a combined $27.7M — up 18% from $23.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NEV and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.
The largest buyer was Bank of America, adding an estimated $3.2M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $344K sold.
- 21 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q1 2015, down from 22 in Q4 2014.
- Funds reported $27.7M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q1 2015, up 18% quarter-over-quarter.
- 2 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q1 2015 and 3 closed out, a net change of -1 holder.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q1 2015 was Bank of America, an estimated $3.2M added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q1 2015 was Virtu KCG Holdings, an estimated $344K sold.
Based on aggregated 13F filings for Q1 2015.