Nuveen Municipal Value Fund
170 hedge funds and large institutions have $259M invested in Nuveen Municipal Value Fund in 2018 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 44 increasing their positions, 46 reducing their positions, and 24 closing their positions.
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
4% more funds holding
Funds holding: 163 → 170 (+7)
0.59% more ownership
Funds ownership: 12.88% → 13.47% (+0.59%)
4% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 46
28% less capital invested
Capital invested by funds: $361M → $259M (-$103M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$9.04M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$8.51M |
| 3 |
RVPG
Relative Value Partners Group
|
+$6.91M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.9M |
| 5 |
V
Veritable
Wilmington,
Delaware
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$11.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.88M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$2.28M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.9M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$1.86M |
NUV Hedge Fund Activity: Q4 2018 in Review
170 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Value Fund (NUV) for Q4 2018, worth a combined $259M — down 28% from $361M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new NUV positions and 24 closed out — a net gain of 9 holders — while 44 added to existing stakes and 46 trimmed.
The largest buyer was UBS Group, adding an estimated $9.04M. The largest seller was Johnson Financial Group Inc (Wisconsin), exiting entirely with an estimated $11.2M sold.
- 170 institutional investors held Nuveen Municipal Value Fund (NUV) as of Q4 2018, up from 163 in Q3 2018.
- Funds reported $259M of Nuveen Municipal Value Fund stock for Q4 2018, down 28% quarter-over-quarter.
- 33 funds opened new Nuveen Municipal Value Fund positions in Q4 2018 and 24 closed out, a net change of +9 holders.
- The largest Nuveen Municipal Value Fund buyer in Q4 2018 was UBS Group, an estimated $9.04M added.
- The largest Nuveen Municipal Value Fund seller in Q4 2018 was Johnson Financial Group Inc (Wisconsin), an estimated $11.2M sold.
Based on aggregated 13F filings for Q4 2018.