Nuveen AMT-Free Municipal Value Fund
NUW
24 hedge funds and large institutions have $14.9M invested in Nuveen AMT-Free Municipal Value Fund in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 5 closing their positions.
0.45% less ownership
Funds ownership: 6.53% → 6.08% (-0.45%)
10% less capital invested
Capital invested by funds: $16.5M → $14.9M (-$1.6M)
11% less funds holding
Funds holding: 27 → 24 (-3)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$451K |
| 2 |
SG Americas Securities
New York
|
+$258K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$91.5K |
| 4 |
Morgan Stanley
New York
|
+$66.5K |
| 5 |
IFAM
Institutional & Family Asset Management
Fort Collins,
Colorado
|
+$50.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$348K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$304K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$177K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
-$173K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$153K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
26
Raymond James & Associates
St Petersburg,
Florida
| – | -$177K | -10,246 | Closed |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| – | -$173K | -10,000 | Closed |
|
28
SEI Investments
Oaks,
Pennsylvania
| – | -$32K | -1,825 | Closed |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| – | -$28K | -1,650 | Closed |
|
NUW Hedge Fund Activity: Q1 2018 in Review
24 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q1 2018, worth a combined $14.9M — down 9.7% from $16.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NUW and 2 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Laurion Capital Management, adding an estimated $451K. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $348K sold.
- 24 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q1 2018, down from 27 in Q4 2017.
- Funds reported $14.9M of Nuveen AMT-Free Municipal Value Fund stock for Q1 2018, down 9.7% quarter-over-quarter.
- 2 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q1 2018 and 5 closed out, a net change of -3 holders.
- The largest Nuveen AMT-Free Municipal Value Fund buyer in Q1 2018 was Laurion Capital Management, an estimated $451K added.
- The largest Nuveen AMT-Free Municipal Value Fund seller in Q1 2018 was Raymond James Financial Services Advisors, an estimated $348K sold.
Based on aggregated 13F filings for Q1 2018.