Nuveen AMT-Free Municipal Value Fund
NUW
32 hedge funds and large institutions have $31.2M invested in Nuveen AMT-Free Municipal Value Fund in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 6 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
18% more capital invested
Capital invested by funds: $26.5M → $31.2M (+$4.73M)
1.94% more ownership
Funds ownership: 10.91% → 12.85% (+1.9%)
11% less funds holding
Funds holding: 36 → 32 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$4.51M |
| 2 |
PAS
Park Avenue Securities
New York
|
+$594K |
| 3 |
HCIA
Hochman Cole Investment Advisors
Deerfield,
Illinois
|
+$365K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$174K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$528K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$421K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$331K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$170K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$164K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CYG
26
Clean Yield Group
Norwich,
Vermont
| $95K | – | – | – |
|
27
Rockefeller Capital Management
New York
| $88K | +$84.5K | +5,618 | New |
|
|
SPIA
28
Steward Partners Investment Advisory
New York
| $84K | – | – | – |
|
|
TJHA
29
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $82K | – | – | – |
|
30
Osaic Holdings
Scottsdale,
Arizona
| $50K | -$45.9K | -3,050 | -49% |
|
|
ANBT
31
American National Bank & Trust
Wichita Falls,
Texas
| $14K | – | – | – |
|
32
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $12K | -$19.6K | -1,300 | -63% |
|
|
LCM
33
Landscape Capital Management
Englewood,
New Jersey
| – | -$421K | -26,873 | Closed |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$331K | -21,145 | Closed |
|
|
RCM
35
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$164K | -10,500 | Closed |
|
|
NFG
36
Next Financial Group
Houston,
Texas
| – | -$76K | -4,859 | Closed |
|
|
AIC
37
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$57K | -3,660 | Closed |
|
|
ASN
38
Advisory Services Network
Atlanta,
Georgia
| – | -$18K | -1,150 | Closed |
|
NUW Hedge Fund Activity: Q2 2020 in Review
32 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q2 2020, worth a combined $31.2M — up 18% from $26.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NUW and 2 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 12 added.
The largest buyer was 1607 Capital Partners, adding an estimated $4.51M. The largest seller was Guggenheim Capital, cutting an estimated $528K.
- 32 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q2 2020, down from 36 in Q1 2020.
- Funds reported $31.2M of Nuveen AMT-Free Municipal Value Fund stock for Q2 2020, up 18% quarter-over-quarter.
- 2 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q2 2020 and 6 closed out, a net change of -4 holders.
- The largest Nuveen AMT-Free Municipal Value Fund buyer in Q2 2020 was 1607 Capital Partners, an estimated $4.51M added.
- The largest Nuveen AMT-Free Municipal Value Fund seller in Q2 2020 was Guggenheim Capital, an estimated $528K sold.
Based on aggregated 13F filings for Q2 2020.