Nuveen AMT-Free Municipal Value Fund
NUW
23 hedge funds and large institutions have $10.9M invested in Nuveen AMT-Free Municipal Value Fund in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 6 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
0.56% less ownership
Funds ownership: 5.01% → 4.44% (-0.56%)
7% less capital invested
Capital invested by funds: $11.7M → $10.9M (-$870K)
15% less funds holding
Funds holding: 27 → 23 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$876K |
| 2 |
Morgan Stanley
New York
|
+$408K |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
+$92.6K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$77.7K |
| 5 |
VanEck Associates
New York
|
+$60.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.41M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$380K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$290K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$195K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$177K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Weiss Asset Management
Boston,
Massachusetts
| – | -$195K | -12,015 | Closed |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| – | -$113K | -6,952 | Closed |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$75K | -4,617 | Closed |
|
29
SEI Investments
Oaks,
Pennsylvania
| – | -$7K | -407 | Closed |
|
NUW Hedge Fund Activity: Q1 2017 in Review
23 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q1 2017, worth a combined $10.9M — down 7.4% from $11.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NUW and 2 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Invesco, opening a new position worth an estimated $876K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.41M sold.
- 23 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q1 2017, down from 27 in Q4 2016.
- Funds reported $10.9M of Nuveen AMT-Free Municipal Value Fund stock for Q1 2017, down 7.4% quarter-over-quarter.
- 2 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q1 2017 and 6 closed out, a net change of -4 holders.
- The largest Nuveen AMT-Free Municipal Value Fund buyer in Q1 2017 was Invesco, an estimated $876K added.
- The largest Nuveen AMT-Free Municipal Value Fund seller in Q1 2017 was Laurion Capital Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q1 2017.