Nuveen AMT-Free Municipal Value Fund
NUW
30 hedge funds and large institutions have $18.4M invested in Nuveen AMT-Free Municipal Value Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 4 closing their positions.
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2.03% less ownership
Funds ownership: 9.11% → 7.08% (-2%)
3% less funds holding
Funds holding: 31 → 30 (-1)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
13% less capital invested
Capital invested by funds: $21.2M → $18.4M (-$2.85M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$191K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$156K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$109K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$88.8K |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
+$82.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.6M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$493K |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$265K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$114K |
| 5 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$75K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $18K | +$17.3K | +1,050 | New |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $13K | – | – | – |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $12K | – | – | – |
|
|
AF
29
Advisornet Financial
Minnetonka,
Minnesota
| $7K | – | – | – |
|
|
FIA
30
FNY Investment Advisers
New York
| $2K | +$330 | +20 | +14% |
|
|
1CP
31
1607 Capital Partners
Richmond,
Virginia
| – | -$4.6M | -287,783 | Closed |
|
|
RFC
32
Regions Financial Corp
Birmingham,
Alabama
| – | -$75K | -4,687 | Closed |
|
33
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$12K | -757 | Closed |
|
|
FHB
34
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$5K | -325 | Closed |
|
NUW Hedge Fund Activity: Q2 2019 in Review
30 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q2 2019, worth a combined $18.4M — down 13% from $21.2M a quarter earlier.
Fund positioning in NUW was balanced in Q2 2019: 4 funds opened new positions, 4 closed out, 8 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $191K. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $4.6M sold.
- 30 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q2 2019, down from 31 in Q1 2019.
- Funds reported $18.4M of Nuveen AMT-Free Municipal Value Fund stock for Q2 2019, down 13% quarter-over-quarter.
- 4 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q2 2019 and 4 closed out, a net change of 0 holders.
- The largest Nuveen AMT-Free Municipal Value Fund buyer in Q2 2019 was Morgan Stanley, an estimated $191K added.
- The largest Nuveen AMT-Free Municipal Value Fund seller in Q2 2019 was 1607 Capital Partners, an estimated $4.6M sold.
Based on aggregated 13F filings for Q2 2019.