Nuveen Municipal Value Fund
197 hedge funds and large institutions have $293M invested in Nuveen Municipal Value Fund in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 59 increasing their positions, 44 reducing their positions, and 27 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 44
8% more capital invested
Capital invested by funds: $271M → $293M (+$21.5M)
0.46% more ownership
Funds ownership: 13.42% → 13.88% (+0.46%)
3% less funds holding
Funds holding: 204 → 197 (-7)
22% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 27
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
+$11.5M |
| 2 |
Morgan Stanley
New York
|
+$2.22M |
| 3 |
Rockefeller Capital Management
New York
|
+$2.03M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1.13M |
| 5 |
VanEck Associates
New York
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.86M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$3.2M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.03M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.4M |
| 5 |
V
Veritable
Wilmington,
Delaware
|
-$530K |
NUV Hedge Fund Activity: Q2 2020 in Review
197 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Value Fund (NUV) for Q2 2020, worth a combined $293M — up 7.9% from $271M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of NUV and 21 opened new positions — a net loss of 6 holders — while 44 trimmed existing stakes and 59 added.
The largest buyer was Johnson Financial Group Inc (Wisconsin), opening a new position worth an estimated $11.5M. The largest seller was Bank of America, cutting an estimated $4.86M.
- 197 institutional investors held Nuveen Municipal Value Fund (NUV) as of Q2 2020, down from 204 in Q1 2020.
- Funds reported $293M of Nuveen Municipal Value Fund stock for Q2 2020, up 7.9% quarter-over-quarter.
- 21 funds opened new Nuveen Municipal Value Fund positions in Q2 2020 and 27 closed out, a net change of -6 holders.
- The largest Nuveen Municipal Value Fund buyer in Q2 2020 was Johnson Financial Group Inc (Wisconsin), an estimated $11.5M added.
- The largest Nuveen Municipal Value Fund seller in Q2 2020 was Bank of America, an estimated $4.86M sold.
Based on aggregated 13F filings for Q2 2020.