Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest
NJV was delisted on the 5th of March, 2021.
13 hedge funds and large institutions have $2.38M invested in Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest in 2020 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 0 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
12% more capital invested
Capital invested by funds: $2.14M → $2.38M (+$246K)
8% more funds holding
Funds holding: 12 → 13 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$220K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$141K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$28.3K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$15K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.98K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$134K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$37K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$25.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $550K | -$134K | -9,588 | -20% |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| $415K | -$37K | -2,651 | -8% |
|
|
WAM
3
Wolverine Asset Management
Chicago,
Illinois
| $279K | +$141K | +10,097 | +102% |
|
4
Bank of America
Charlotte,
North Carolina
| $231K | +$545 | +39 | +0.2% |
|
|
KAS
5
Kestra Advisory Services
Austin,
Texas
| $221K | +$220K | +15,728 | New |
|
|
SIA
6
Sit Investment Associates
Minneapolis,
Minnesota
| $213K | -$25.2K | -1,800 | -11% |
|
|
MC
7
Matisse Capital
Portland,
Oregon
| $210K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| $117K | +$28.3K | +2,027 | +32% |
|
9
Citigroup
New York
| $49K | – | – | – |
|
10
Osaic Holdings
Scottsdale,
Arizona
| $43K | +$391 | +28 | +0.9% |
|
|
TIM
11
Tortoise Investment Management
White Plains,
New York
| $43K | +$15K | +1,070 | +54% |
|
|
12
Royal Bank of Canada
Toronto,
Ontario, Canada
| $13K | +$2.98K | +213 | +30% |
|
13
Wells Fargo
San Francisco,
California
| – | +$14 | +1 | +100% |
|
NJV Hedge Fund Activity: Q4 2020 in Review
13 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest (NJV) for Q4 2020, worth a combined $2.38M — up 12% from $2.14M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new NJV positions and 0 closed out — a net gain of 1 holder — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Kestra Advisory Services, opening a new position worth an estimated $220K. The largest seller was Morgan Stanley, cutting an estimated $134K.
- 13 institutional investors held Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest (NJV) as of Q4 2020, up from 12 in Q3 2020.
- Funds reported $2.38M of Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest stock for Q4 2020, up 12% quarter-over-quarter.
- 1 fund opened new Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest positions in Q4 2020 and 0 closed out, a net change of +1 holder.
- The largest Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest buyer in Q4 2020 was Kestra Advisory Services, an estimated $220K added.
- The largest Nuveen New Jersey Municipal Value Fund Common shares of beneficial interest seller in Q4 2020 was Morgan Stanley, an estimated $134K sold.
Based on aggregated 13F filings for Q4 2020.