Nuveen AMT-Free Municipal Value Fund
NUW
52 hedge funds and large institutions have $103M invested in Nuveen AMT-Free Municipal Value Fund in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 8 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
188% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 8
24% more funds holding
Funds holding: 42 → 52 (+10)
20% more capital invested
Capital invested by funds: $85.5M → $103M (+$17.2M)
6.42% more ownership
Funds ownership: 35.52% → 41.95% (+6.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.91M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$1.43M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.36M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$651K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$620K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.06M |
| 2 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$862K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$298K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$170K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$90.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $4.13K | +$53 | +4 | +1% |
|
|
SL
52
Salomon & Ludwin
Richmond,
Virginia
| $13 | – | – | – |
|
|
WAM
53
Wakefield Asset Management
Englewood,
Colorado
| – | -$862K | -64,348 | Closed |
|
|
TJHA
54
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$298K | -22,244 | Closed |
|
55
JP Morgan Chase
New York
| – | -$8.64K | -645 | Closed |
|
|
FIA
56
FNY Investment Advisers
New York
| – | -$1K | -100 | Closed |
|
NUW Hedge Fund Activity: Q4 2023 in Review
52 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q4 2023, worth a combined $103M — up 20% from $85.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NUW positions and 4 closed out — a net gain of 10 holders — while 23 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.91M. The largest seller was Bank of America, cutting an estimated $1.06M.
- 52 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q4 2023, up from 42 in Q3 2023.
- Funds reported $103M of Nuveen AMT-Free Municipal Value Fund stock for Q4 2023, up 20% quarter-over-quarter.
- 14 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q4 2023 and 4 closed out, a net change of +10 holders.
- The largest Nuveen AMT-Free Municipal Value Fund buyer in Q4 2023 was Morgan Stanley, an estimated $7.91M added.
- The largest Nuveen AMT-Free Municipal Value Fund seller in Q4 2023 was Bank of America, an estimated $1.06M sold.
Based on aggregated 13F filings for Q4 2023.