Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest
NJV was delisted on the 5th of March, 2021.
11 hedge funds and large institutions have $1.7M invested in Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 4 closing their positions.
19% less capital invested
Capital invested by funds: $2.1M → $1.7M (-$404K)
21% less funds holding
Funds holding: 14 → 11 (-3)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$123K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$33.1K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$391 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$326K |
| 2 |
SCM
Saba Capital Management
New York
|
-$130K |
| 3 |
Morgan Stanley
New York
|
-$21.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$17.5K |
| 5 |
WQ
Wealth Quarterback
Toms River,
New Jersey
|
-$16.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $674K | -$21.3K | -1,693 | -3% |
|
|
MC
2
Matisse Capital
Portland,
Oregon
| $425K | +$33.1K | +2,627 | +8% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $206K | +$391 | +31 | +0.2% |
|
|
WAM
4
Wolverine Asset Management
Chicago,
Illinois
| $121K | +$123K | +9,739 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $98K | -$17.5K | -1,391 | -15% |
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $87K | – | – | – |
|
7
Citigroup
New York
| $44K | – | – | – |
|
8
Osaic Holdings
Scottsdale,
Arizona
| $18K | – | – | – |
|
9
Wells Fargo
San Francisco,
California
| $13K | – | – | – |
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $9K | -$6.53K | -518 | -43% |
|
11
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $4K | – | – | – |
|
|
GC
12
Guggenheim Capital
Chicago,
Illinois
| – | -$326K | -25,521 | Closed |
|
|
SCM
13
Saba Capital Management
New York
| – | -$130K | -10,169 | Closed |
|
|
WQ
14
Wealth Quarterback
Toms River,
New Jersey
| – | -$16.1K | -1,256 | Closed |
|
|
SPIA
15
Steward Partners Investment Advisory
New York
| – | -$6K | -490 | Closed |
|
NJV Hedge Fund Activity: Q2 2020 in Review
11 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest (NJV) for Q2 2020, worth a combined $1.7M — down 19% from $2.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NJV and 1 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $123K. The largest seller was Guggenheim Capital, exiting entirely with an estimated $326K sold.
- 11 institutional investors held Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest (NJV) as of Q2 2020, down from 14 in Q1 2020.
- Funds reported $1.7M of Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest stock for Q2 2020, down 19% quarter-over-quarter.
- 1 fund opened new Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest positions in Q2 2020 and 4 closed out, a net change of -3 holders.
- The largest Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest buyer in Q2 2020 was Wolverine Asset Management, an estimated $123K added.
- The largest Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest seller in Q2 2020 was Guggenheim Capital, an estimated $326K sold.
Based on aggregated 13F filings for Q2 2020.