Nuveen AMT-Free Municipal Value Fund
NUW
25 hedge funds and large institutions have $11.4M invested in Nuveen AMT-Free Municipal Value Fund in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
14% more funds holding
Funds holding: 22 → 25 (+3)
0.14% less ownership
Funds ownership: 4.37% → 4.23% (-0.14%)
4% less capital invested
Capital invested by funds: $11.9M → $11.4M (-$511K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$210K |
| 2 |
Morgan Stanley
New York
|
+$190K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$157K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
+$113K |
| 5 |
LNB
Ledyard National Bank
|
+$62.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$491K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$409K |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$132K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$86.1K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$49.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$491K | -25,809 | Closed |
|
|
EWM
27
Evercore Wealth Management
New York
| – | -$6K | -300 | Closed |
|
NUW Hedge Fund Activity: Q3 2016 in Review
25 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q3 2016, worth a combined $11.4M — down 4.3% from $11.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NUW positions and 2 closed out — a net gain of 3 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Baird Financial Group, opening a new position worth an estimated $210K. The largest seller was Northwestern Mutual Wealth Management, exiting entirely with an estimated $491K sold.
- 25 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q3 2016, up from 22 in Q2 2016.
- Funds reported $11.4M of Nuveen AMT-Free Municipal Value Fund stock for Q3 2016, down 4.3% quarter-over-quarter.
- 5 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q3 2016 and 2 closed out, a net change of +3 holders.
- The largest Nuveen AMT-Free Municipal Value Fund buyer in Q3 2016 was Baird Financial Group, an estimated $210K added.
- The largest Nuveen AMT-Free Municipal Value Fund seller in Q3 2016 was Northwestern Mutual Wealth Management, an estimated $491K sold.
Based on aggregated 13F filings for Q3 2016.