Nuveen Municipal Value Fund
151 hedge funds and large institutions have $245M invested in Nuveen Municipal Value Fund in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 46 reducing their positions, and 26 closing their positions.
5% more capital invested
Capital invested by funds: $234M → $245M (+$11.4M)
0.5% more ownership
Funds ownership: 11.89% → 12.39% (+0.5%)
6% less funds holding
Funds holding: 161 → 151 (-10)
17% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 46
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$5.94M |
| 2 |
RVPG
Relative Value Partners Group
|
+$5.67M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$1.94M |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$1.78M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.83M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1.68M |
| 3 |
Millennium Management
New York
|
-$815K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$785K |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$590K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KF
176
Krilogy Financial
St. Louis,
Missouri
| – | -$23K | -2,480 | Closed |
|
|
VCM
177
Vigilant Capital Management
Portland,
Maine
| – | -$23K | -2,426 | Closed |
|
|
IWM
178
IHT Wealth Management
Chicago,
Illinois
| – | -$12K | -1,249 | Closed |
|
179
Bessemer Group
Woodbridge,
New Jersey
| – | -$6K | -625 | Closed |
|
|
HR
180
Howe & Rusling
Rochester,
New York
| – | -$1K | -108 | Closed |
|
NUV Hedge Fund Activity: Q2 2018 in Review
151 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Value Fund (NUV) for Q2 2018, worth a combined $245M — up 4.9% from $234M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of NUV and 18 opened new positions — a net loss of 8 holders — while 46 trimmed existing stakes and 38 added.
The largest buyer was Baird Financial Group, adding an estimated $5.94M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.83M sold.
- 151 institutional investors held Nuveen Municipal Value Fund (NUV) as of Q2 2018, down from 161 in Q1 2018.
- Funds reported $245M of Nuveen Municipal Value Fund stock for Q2 2018, up 4.9% quarter-over-quarter.
- 18 funds opened new Nuveen Municipal Value Fund positions in Q2 2018 and 26 closed out, a net change of -8 holders.
- The largest Nuveen Municipal Value Fund buyer in Q2 2018 was Baird Financial Group, an estimated $5.94M added.
- The largest Nuveen Municipal Value Fund seller in Q2 2018 was Rivernorth Capital Management, an estimated $3.83M sold.
Based on aggregated 13F filings for Q2 2018.