Nuveen Municipal Value Fund
216 hedge funds and large institutions have $352M invested in Nuveen Municipal Value Fund in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 67 increasing their positions, 60 reducing their positions, and 16 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
12% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 60
1% more funds holding
Funds holding: 213 → 216 (+3)
1.27% more ownership
Funds ownership: 19.25% → 20.52% (+1.3%)
1% more capital invested
Capital invested by funds: $348M → $352M (+$3.93M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$8.98M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$6.8M |
| 3 |
Rockefeller Capital Management
New York
|
+$4.27M |
| 4 |
VanEck Associates
New York
|
+$2.89M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$1.86M |
| 2 |
BlackRock
New York
|
-$1.63M |
| 3 |
Morgan Stanley
New York
|
-$1.61M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.35M |
| 5 |
BHWM
Bar Harbor Wealth Management
Concord,
New Hampshire
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SBH
226
Segall Bryant & Hamill
Chicago,
Illinois
| – | -$92.2K | -10,600 | Closed |
|
|
CHJWM
227
Carlton Hofferkamp & Jenks Wealth Management
The Woodlands,
Texas
| – | -$90.6K | -10,500 | Closed |
|
|
RFC
228
Regions Financial Corp
Birmingham,
Alabama
| – | -$90.4K | -10,389 | Closed |
|
|
WKWM
229
Walter & Keenan Wealth Management
Souh Bend,
Indiana
| – | -$87K | -10,000 | Closed |
|
230
Jones Financial Companies
Des Peres,
Missouri
| – | -$28.4K | -3,261 | Closed |
|
231
Russell Investments Group
London,
United Kingdom
| – | -$18.7K | -2,151 | Closed |
|
|
TRCT
232
Tower Research Capital (TRC)
New York
| – | -$6.73K | -774 | Closed |
|
NUV Hedge Fund Activity: Q3 2023 in Review
216 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Value Fund (NUV) for Q3 2023, worth a combined $352M — up 1.1% from $348M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NUV positions and 16 closed out — a net gain of 6 holders — while 67 added to existing stakes and 60 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $8.98M. The largest seller was Johnson Financial Group Inc (Wisconsin), cutting an estimated $1.86M.
- 216 institutional investors held Nuveen Municipal Value Fund (NUV) as of Q3 2023, up from 213 in Q2 2023.
- Funds reported $352M of Nuveen Municipal Value Fund stock for Q3 2023, up 1.1% quarter-over-quarter.
- 22 funds opened new Nuveen Municipal Value Fund positions in Q3 2023 and 16 closed out, a net change of +6 holders.
- The largest Nuveen Municipal Value Fund buyer in Q3 2023 was Rivernorth Capital Management, an estimated $8.98M added.
- The largest Nuveen Municipal Value Fund seller in Q3 2023 was Johnson Financial Group Inc (Wisconsin), an estimated $1.86M sold.
Based on aggregated 13F filings for Q3 2023.