Nuveen Municipal Value Fund
155 hedge funds and large institutions have $203M invested in Nuveen Municipal Value Fund in 2016 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 41 increasing their positions, 37 reducing their positions, and 20 closing their positions.
70% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 20
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
8% more funds holding
Funds holding: 144 → 155 (+11)
0.19% more ownership
Funds ownership: 10.16% → 10.35% (+0.19%)
8% less capital invested
Capital invested by funds: $221M → $203M (-$18.2M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.85M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.47M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.39M |
| 4 |
Cohen & Steers
New York
|
+$1.26M |
| 5 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.71M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.73M |
| 3 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
-$2.37M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$1.78M |
| 5 |
VanEck Associates
New York
|
-$1.33M |
NUV Hedge Fund Activity: Q4 2016 in Review
155 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Value Fund (NUV) for Q4 2016, worth a combined $203M — down 8.2% from $221M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new NUV positions and 20 closed out — a net gain of 14 holders — while 41 added to existing stakes and 37 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $4.85M. The largest seller was UBS Group, cutting an estimated $4.71M.
- 155 institutional investors held Nuveen Municipal Value Fund (NUV) as of Q4 2016, up from 144 in Q3 2016.
- Funds reported $203M of Nuveen Municipal Value Fund stock for Q4 2016, down 8.2% quarter-over-quarter.
- 34 funds opened new Nuveen Municipal Value Fund positions in Q4 2016 and 20 closed out, a net change of +14 holders.
- The largest Nuveen Municipal Value Fund buyer in Q4 2016 was Rivernorth Capital Management, an estimated $4.85M added.
- The largest Nuveen Municipal Value Fund seller in Q4 2016 was UBS Group, an estimated $4.71M sold.
Based on aggregated 13F filings for Q4 2016.