NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
27 hedge funds and large institutions have $40.5M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
25% more capital invested
Capital invested by funds: $32.4M → $40.5M (+$8.1M)
8% more funds holding
Funds holding: 25 → 27 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.9M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.82M |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$804K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$496K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$982K |
| 2 |
LPL Financial
San Diego,
California
|
-$742K |
| 3 |
SWM
Segment Wealth Management
Houston,
Texas
|
-$214K |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$212K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$88.6K |
NEV Hedge Fund Activity: Q2 2016 in Review
27 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q2 2016, worth a combined $40.5M — up 25% from $32.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NEV positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Bank of America, adding an estimated $2.9M. The largest seller was American International Group, exiting entirely with an estimated $982K sold.
- 27 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q2 2016, up from 25 in Q1 2016.
- Funds reported $40.5M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q2 2016, up 25% quarter-over-quarter.
- 7 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q2 2016 and 4 closed out, a net change of +3 holders.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q2 2016 was Bank of America, an estimated $2.9M added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q2 2016 was American International Group, an estimated $982K sold.
Based on aggregated 13F filings for Q2 2016.