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Nuveen Municipal Value Fund

212 hedge funds and large institutions have $339M invested in Nuveen Municipal Value Fund in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 65 increasing their positions, 60 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 60

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.82% less ownership

Funds ownership: 19.53%18.71% (-0.82%)

3% less capital invested

Capital invested by funds: $349M → $339M (-$9.64M)

11% less funds holding

Funds holding: 237212 (-25)

51% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 37

Holders
212
Holders Change
-25
Holders Change %
-10.55%
% of All Funds
3.38%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
18
Increased
65
Reduced
60
Closed
37
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$41.2M +$1.82M +204,767 +5%
RCM
2
Rivernorth Capital Management
Florida
$35.1M -$6.32M -710,868 -15%
UBS Group
3
UBS Group
Switzerland
$32.3M +$3.03M +341,423 +10%
1CP
4
1607 Capital Partners
Virginia
$26.5M -$823K -92,567 -3%
RJA
5
Raymond James & Associates
Florida
$24M +$2.15M +241,541 +10%
Bank of America
6
Bank of America
North Carolina
$11.2M +$702K +79,048 +7%
BHWM
7
Bar Harbor Wealth Management
New Hampshire
$8.14M +$120K +13,500 +1%
VanEck Associates
8
VanEck Associates
New York
$8.12M +$350K +39,399 +4%
GCM
9
Granby Capital Management
Florida
$7.52M +$889K +100,000 +13%
LPL Financial
10
LPL Financial
California
$7.37M -$262K -29,475 -3%
Wells Fargo
11
Wells Fargo
California
$7M -$342K -38,435 -5%
TA
12
Tiedemann Advisors
New York
$6.82M -$71K -7,990 -1%
GC
13
Guggenheim Capital
Illinois
$6.48M +$1.16M +129,986 +21%
Stifel Financial
14
Stifel Financial
Missouri
$6.27M +$287K +32,324 +5%
CPIG
15
Chicago Partners Investment Group
Illinois
$5.83M +$352K +39,631 +6%
JFGIW
16
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$5.74M -$231K -26,000 -4%
UCFA
17
United Capital Financial Advisors
Texas
$5.72M -$1.29M -145,359 -18%
Cohen & Steers
18
Cohen & Steers
New York
$5.18M +$475K +53,511 +10%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$4.88M -$553K -62,271 -10%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$4.01M +$200K +22,485 +5%
TIM
21
Tortoise Investment Management
New York
$4M -$360K -40,458 -8%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$3.77M +$121K +13,593 +3%
HWAM
23
Hennion & Walsh Asset Management
New Jersey
$3.73M -$61.4K -6,915 -2%
AAM
24
Advisors Asset Management
Colorado
$3.42M +$635K +71,434 +23%
BlackRock
25
BlackRock
New York
$3.37M

NUV Hedge Fund Activity: Q1 2023 in Review

212 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Value Fund (NUV) for Q1 2023, worth a combined $339M — down 2.8% from $349M a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of NUV and 18 opened new positions — a net loss of 19 holders — while 60 trimmed existing stakes and 65 added.

The largest buyer was UBS Group, adding an estimated $3.03M. The largest seller was Rivernorth Capital Management, cutting an estimated $6.32M.

  • 212 institutional investors held Nuveen Municipal Value Fund (NUV) as of Q1 2023, down from 237 in Q4 2022.
  • Funds reported $339M of Nuveen Municipal Value Fund stock for Q1 2023, down 2.8% quarter-over-quarter.
  • 18 funds opened new Nuveen Municipal Value Fund positions in Q1 2023 and 37 closed out, a net change of -19 holders.
  • The largest Nuveen Municipal Value Fund buyer in Q1 2023 was UBS Group, an estimated $3.03M added.
  • The largest Nuveen Municipal Value Fund seller in Q1 2023 was Rivernorth Capital Management, an estimated $6.32M sold.

Based on aggregated 13F filings for Q1 2023.