NUVEEN ENHANCED MUNICIPAL VALUE FUND
NEV
NEV was delisted on the 3rd of June, 2022.
40 hedge funds and large institutions have $40.4M invested in NUVEEN ENHANCED MUNICIPAL VALUE FUND in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 9 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
4% more capital invested
Capital invested by funds: $38.8M → $40.4M (+$1.66M)
7% less funds holding
Funds holding: 43 → 40 (-3)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$642K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$597K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$536K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$507K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$500K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.22M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$464K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$347K |
| 5 |
SGCA
Steel Grove Capital Advisors
Memphis,
Tennessee
|
-$276K |
NEV Hedge Fund Activity: Q1 2019 in Review
40 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) for Q1 2019, worth a combined $40.4M — up 4.3% from $38.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NEV and 7 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 12 added.
The largest buyer was Ackerman Capital Advisors, opening a new position worth an estimated $642K. The largest seller was Fiera Capital (Canada), cutting an estimated $1.22M.
- 40 institutional investors held NUVEEN ENHANCED MUNICIPAL VALUE FUND (NEV) as of Q1 2019, down from 43 in Q4 2018.
- Funds reported $40.4M of NUVEEN ENHANCED MUNICIPAL VALUE FUND stock for Q1 2019, up 4.3% quarter-over-quarter.
- 7 funds opened new NUVEEN ENHANCED MUNICIPAL VALUE FUND positions in Q1 2019 and 9 closed out, a net change of -2 holders.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND buyer in Q1 2019 was Ackerman Capital Advisors, an estimated $642K added.
- The largest NUVEEN ENHANCED MUNICIPAL VALUE FUND seller in Q1 2019 was Fiera Capital (Canada), an estimated $1.22M sold.
Based on aggregated 13F filings for Q1 2019.