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Nuveen Municipal Value Fund

216 hedge funds and large institutions have $352M invested in Nuveen Municipal Value Fund in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 67 increasing their positions, 60 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

38% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 16

12% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 60

1% more funds holding

Funds holding: 213216 (+3)

1.27% more ownership

Funds ownership: 19.25%20.52% (+1.3%)

1% more capital invested

Capital invested by funds: $348M → $352M (+$3.93M)

Holders
216
Holders Change
+3
Holders Change %
+1.41%
% of All Funds
3.43%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
22
Increased
67
Reduced
60
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$41.8M +$8.98M +1,055,343 +26%
Morgan Stanley
2
Morgan Stanley
New York
$37M -$1.61M -189,052 -4%
UBS Group
3
UBS Group
Switzerland
$36.3M +$1.87M +219,299 +5%
1CP
4
1607 Capital Partners
Virginia
$26.3M +$1.48M +174,184 +6%
RJA
5
Raymond James & Associates
Florida
$21.5M -$761K -89,400 -3%
VanEck Associates
6
VanEck Associates
New York
$10.5M +$2.89M +339,999 +36%
TIM
7
Tortoise Investment Management
New York
$10.5M +$6.8M +798,941 +171%
Bank of America
8
Bank of America
North Carolina
$9.43M -$1.35M -158,184 -12%
GC
9
Guggenheim Capital
Illinois
$9.26M +$1.38M +162,026 +17%
GCM
10
Granby Capital Management
Florida
$8.67M +$425K +50,000 +5%
LPL Financial
11
LPL Financial
California
$8.41M +$521K +61,190 +6%
Wells Fargo
12
Wells Fargo
California
$7.82M +$968K +113,731 +14%
Stifel Financial
13
Stifel Financial
Missouri
$7.63M +$830K +97,507 +12%
BHWM
14
Bar Harbor Wealth Management
New Hampshire
$6.61M -$1.19M -140,250 -15%
Rockefeller Capital Management
15
Rockefeller Capital Management
New York
$6.52M +$4.27M +501,321 +174%
Cohen & Steers
16
Cohen & Steers
New York
$5.16M -$400K -47,000 -7%
CPIG
17
Chicago Partners Investment Group
Illinois
$5.03M -$356K -41,894 -6%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$5M +$334K +39,230 +7%
UCFA
19
United Capital Financial Advisors
Texas
$4.93M -$458K -53,828 -8%
TA
20
Tiedemann Advisors
New York
$4.83M +$472K +55,433 +11%
AAM
21
Advisors Asset Management
Colorado
$4.59M +$451K +52,991 +11%
HWAM
22
Hennion & Walsh Asset Management
New Jersey
$3.91M +$464K +54,486 +13%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$3.71M +$30K +3,530 +0.8%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$3.55M -$70.6K -8,298 -2%
JFGIW
25
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$3.09M -$1.86M -218,000 -37%

NUV Hedge Fund Activity: Q3 2023 in Review

216 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Value Fund (NUV) for Q3 2023, worth a combined $352M — up 1.1% from $348M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new NUV positions and 16 closed out — a net gain of 6 holders — while 67 added to existing stakes and 60 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $8.98M. The largest seller was Johnson Financial Group Inc (Wisconsin), cutting an estimated $1.86M.

  • 216 institutional investors held Nuveen Municipal Value Fund (NUV) as of Q3 2023, up from 213 in Q2 2023.
  • Funds reported $352M of Nuveen Municipal Value Fund stock for Q3 2023, up 1.1% quarter-over-quarter.
  • 22 funds opened new Nuveen Municipal Value Fund positions in Q3 2023 and 16 closed out, a net change of +6 holders.
  • The largest Nuveen Municipal Value Fund buyer in Q3 2023 was Rivernorth Capital Management, an estimated $8.98M added.
  • The largest Nuveen Municipal Value Fund seller in Q3 2023 was Johnson Financial Group Inc (Wisconsin), an estimated $1.86M sold.

Based on aggregated 13F filings for Q3 2023.