Nuveen Municipal Value Fund
117 hedge funds and large institutions have $133M invested in Nuveen Municipal Value Fund in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 17 closing their positions.
7% more capital invested
Capital invested by funds: $125M → $133M (+$8.59M)
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
0.71% more ownership
Funds ownership: 6.37% → 7.08% (+0.71%)
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
2% less funds holding
Funds holding: 119 → 117 (-2)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$4.29M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.66M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.59M |
| 4 |
BHTS
Bar Harbor Trust Services
Ellsworth,
Maine
|
+$2.04M |
| 5 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.75M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.11M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$770K |
| 4 |
BOTOTLSJU
Board of Trustees of The Leland Stanford Junior University
Redwood City,
California
|
-$765K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$614K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HK
126
Horizon Kinetics
New York
| – | -$115K | -12,000 | Closed |
|
|
BTS
127
BB&T Securities
Richmond,
Virginia
| – | -$1.1K | -11,503 | Closed |
|
128
Citadel Advisors
Miami,
Florida
| – | -$97K | -10,139 | Closed |
|
|
EFSCE
129
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$48K | -5,000 | Closed |
|
130
Jones Financial Companies
Des Peres,
Missouri
| – | -$24K | -2,500 | Closed |
|
|
PP
131
Palladium Partners
Norfolk,
Virginia
| – | -$19K | -1,940 | Closed |
|
|
NC
132
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$14K | -1,500 | Closed |
|
|
MFBTD
133
MB Financial Bank - Trust Department
Rosemont,
Illinois
| – | -$13K | -1,400 | Closed |
|
134
Envestnet Asset Management
Chicago,
Illinois
| – | -$7K | -700 | Closed |
|
|
TRCT
135
Tower Research Capital (TRC)
New York
| – | -$2K | -238 | Closed |
|
NUV Hedge Fund Activity: Q3 2013 in Review
117 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Value Fund (NUV) for Q3 2013, worth a combined $133M — up 6.9% from $125M a quarter earlier.
Fund positioning in NUV was balanced in Q3 2013: 17 funds opened new positions, 17 closed out, 34 added to existing stakes and 33 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $4.29M. The largest seller was Morgan Stanley, cutting an estimated $1.75M.
- 117 institutional investors held Nuveen Municipal Value Fund (NUV) as of Q3 2013, down from 119 in Q2 2013.
- Funds reported $133M of Nuveen Municipal Value Fund stock for Q3 2013, up 6.9% quarter-over-quarter.
- 17 funds opened new Nuveen Municipal Value Fund positions in Q3 2013 and 17 closed out, a net change of 0 holders.
- The largest Nuveen Municipal Value Fund buyer in Q3 2013 was Goldman Sachs, an estimated $4.29M added.
- The largest Nuveen Municipal Value Fund seller in Q3 2013 was Morgan Stanley, an estimated $1.75M sold.
Based on aggregated 13F filings for Q3 2013.