NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
33 hedge funds and large institutions have $37.7M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 9 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
9% less capital invested
Capital invested by funds: $41.3M → $37.7M (-$3.58M)
15% less funds holding
Funds holding: 39 → 33 (-6)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.42M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.3M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$539K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$417K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$157K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$5.17M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$620K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$580K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$552K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$385K |
NEV Hedge Fund Activity: Q3 2017 in Review
33 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q3 2017, worth a combined $37.7M — down 8.7% from $41.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NEV and 4 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 13 added.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $1.42M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $5.17M sold.
- 33 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q3 2017, down from 39 in Q2 2017.
- Funds reported $37.7M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q3 2017, down 8.7% quarter-over-quarter.
- 4 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q3 2017 and 9 closed out, a net change of -5 holders.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q3 2017 was Cohen & Steers, an estimated $1.42M added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q3 2017 was Laurion Capital Management, an estimated $5.17M sold.
Based on aggregated 13F filings for Q3 2017.