Nuveen Municipal Value Fund
NUV
122 hedge funds and large institutions have $148M invested in Nuveen Municipal Value Fund in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 18 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
11% more capital invested
Capital invested by funds: $133M → $148M (+$14.7M)
0.37% more ownership
Funds ownership: 7.12% → 7.49% (+0.37%)
4% less funds holding
Funds holding: 127 → 122 (-5)
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.73M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$1.67M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.51M |
| 4 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
+$759K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$655K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$1.68M |
| 2 |
PWW
Pettyjohn Wood & White
Lynchburg,
Virginia
|
-$1.68M |
| 3 |
SG Americas Securities
New York
|
-$1.25M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$719K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$684K |
NUV Hedge Fund Activity: Q1 2014 in Review
122 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Value Fund (NUV) for Q1 2014, worth a combined $148M — up 11% from $133M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of NUV and 13 opened new positions — a net loss of 5 holders — while 26 trimmed existing stakes and 39 added.
The largest buyer was Morgan Stanley, adding an estimated $1.73M. The largest seller was Relative Value Partners, cutting an estimated $1.68M.
- 122 institutional investors held Nuveen Municipal Value Fund (NUV) as of Q1 2014, down from 127 in Q4 2013.
- Funds reported $148M of Nuveen Municipal Value Fund stock for Q1 2014, up 11% quarter-over-quarter.
- 13 funds opened new Nuveen Municipal Value Fund positions in Q1 2014 and 18 closed out, a net change of -5 holders.
- The largest Nuveen Municipal Value Fund buyer in Q1 2014 was Morgan Stanley, an estimated $1.73M added.
- The largest Nuveen Municipal Value Fund seller in Q1 2014 was Relative Value Partners, an estimated $1.68M sold.
Based on aggregated 13F filings for Q1 2014.