NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
39 hedge funds and large institutions have $31.7M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
7% less funds holding
Funds holding: 42 → 39 (-3)
14% less capital invested
Capital invested by funds: $36.7M → $31.7M (-$4.96M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.19M |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$364K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$177K |
| 4 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$176K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$4.4M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$1.41M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.03M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$321K |
| 5 |
Mariner
Overland Park,
Kansas
|
-$196K |
NEV Hedge Fund Activity: Q2 2018 in Review
39 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q2 2018, worth a combined $31.7M — down 14% from $36.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NEV and 5 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $1.19M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $4.4M sold.
- 39 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q2 2018, down from 42 in Q1 2018.
- Funds reported $31.7M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q2 2018, down 14% quarter-over-quarter.
- 5 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q2 2018 and 7 closed out, a net change of -2 holders.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q2 2018 was Bank of America, an estimated $1.19M added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q2 2018 was Robinson Capital Management, an estimated $4.4M sold.
Based on aggregated 13F filings for Q2 2018.