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Nuveen New York Municipal Value Fund

32 hedge funds and large institutions have $30.8M invested in Nuveen New York Municipal Value Fund in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 7

25% more capital invested

Capital invested by funds: $24.6M → $30.8M (+$6.21M)

2.95% more ownership

Funds ownership: 15.72%18.67% (+2.9%)

16% less funds holding

Funds holding: 3832 (-6)

67% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 9

Holders
32
Holders Change
-6
Holders Change %
-15.79%
% of All Funds
0.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
13
Reduced
7
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$6.18M +$1.41M +165,800 +31%
TIM
2
Tortoise Investment Management
New York
$4.89M +$1.54M +181,481 +48%
UBS Group
3
UBS Group
Switzerland
$3.36M +$391K +46,005 +14%
GC
4
Guggenheim Capital
Illinois
$3.22M +$556K +65,379 +22%
Morgan Stanley
5
Morgan Stanley
New York
$2.87M +$12.3K +1,443 +0.4%
RCM
6
Rivernorth Capital Management
Florida
$2.39M +$2.33M +273,844 New
PM
7
Penbrook Management
New York
$1.86M
HWAM
8
Hennion & Walsh Asset Management
New Jersey
$1.48M +$576K +67,723 +67%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$538K +$1.24K +146 +0.2%
Wells Fargo
10
Wells Fargo
California
$504K -$46.8K -5,502 -9%
Stifel Financial
11
Stifel Financial
Missouri
$399K -$11.8K -1,390 -3%
RJA
12
Raymond James & Associates
Florida
$370K +$43.4K +5,100 +14%
LPL Financial
13
LPL Financial
California
$352K +$20K +2,352 +6%
MWM
14
Melfa Wealth Management
Massachusetts
$274K
RIA
15
Realta Investment Advisors
Delaware
$245K
WANY
16
Wealthspire Advisors (New York)
New York
$222K -$46.8K -5,500 -18%
HA
17
Herold Advisors
New York
$216K +$459 +54 +0.2%
Bank of America
18
Bank of America
North Carolina
$199K +$25.3K +2,973 +15%
WP
19
Woodline Partners
California
$197K -$234K -27,550 -55%
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$182K -$16.1K -1,898 -8%
SPIA
21
Steward Partners Investment Advisory
New York
$179K -$17K -2,000 -9%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$148K -$14K -1,650 -9%
CL
23
CIM LLC
New York
$123K
Osaic Holdings
24
Osaic Holdings
Arizona
$116K +$3.94K +463 +4%
OWA
25
Opal Wealth Advisors
New York
$88.3K

NNY Hedge Fund Activity: Q1 2023 in Review

32 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Nuveen New York Municipal Value Fund (NNY) for Q1 2023, worth a combined $30.8M — up 25% from $24.6M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of NNY and 3 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 13 added.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $2.33M. The largest seller was Tocqueville Asset Management, exiting entirely with an estimated $408K sold.

  • 32 institutional investors held Nuveen New York Municipal Value Fund (NNY) as of Q1 2023, down from 38 in Q4 2022.
  • Funds reported $30.8M of Nuveen New York Municipal Value Fund stock for Q1 2023, up 25% quarter-over-quarter.
  • 3 funds opened new Nuveen New York Municipal Value Fund positions in Q1 2023 and 9 closed out, a net change of -6 holders.
  • The largest Nuveen New York Municipal Value Fund buyer in Q1 2023 was Rivernorth Capital Management, an estimated $2.33M added.
  • The largest Nuveen New York Municipal Value Fund seller in Q1 2023 was Tocqueville Asset Management, an estimated $408K sold.

Based on aggregated 13F filings for Q1 2023.