Nuveen Municipal Value Fund
212 hedge funds and large institutions have $342M 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.
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: 3 → 3 (0)
0.82% less ownership
Funds ownership: 19.53% → 18.71% (-0.82%)
2% less capital invested
Capital invested by funds: $349M → $342M (-$6.73M)
11% less funds holding
Funds holding: 237 → 212 (-25)
51% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.03M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.15M |
| 3 |
Morgan Stanley
New York
|
+$1.82M |
| 4 |
CA
Cresta Advisors
Laredo,
Texas
|
+$1.3M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.32M |
| 2 |
RVPG
Relative Value Partners Group
|
-$4.67M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.58M |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$1.69M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$1.29M |
NUV Hedge Fund Activity: Q1 2023 in Review
212 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Value Fund (NUV) for Q1 2023, worth a combined $342M — down 1.9% 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 $342M of Nuveen Municipal Value Fund stock for Q1 2023, down 1.9% 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.