NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
43 hedge funds and large institutions have $39M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 9 closing their positions.
7% less funds holding
Funds holding: 46 → 43 (-3)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
54% less capital invested
Capital invested by funds: $84.8M → $39M (-$45.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$4.27M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.21M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.07M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$999K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$508K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
-$450K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$412K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$362K |
| 4 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$355K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$279K |
NEV Hedge Fund Activity: Q4 2018 in Review
43 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q4 2018, worth a combined $39M — down 54% from $84.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NEV and 8 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 12 added.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $4.27M. The largest seller was Cetera Advisors, exiting entirely with an estimated $450K sold.
- 43 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q4 2018, down from 46 in Q3 2018.
- Funds reported $39M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q4 2018, down 54% quarter-over-quarter.
- 8 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q4 2018 and 9 closed out, a net change of -1 holder.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q4 2018 was Fiera Capital (Canada), an estimated $4.27M added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q4 2018 was Cetera Advisors, an estimated $450K sold.
Based on aggregated 13F filings for Q4 2018.