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Nuveen AMT-Free Municipal Value Fund

17 hedge funds and large institutions have $12.8M invested in Nuveen AMT-Free Municipal Value Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

111% more capital invested

Capital invested by funds: $6.09M → $12.8M (+$6.74M)

0.27% more ownership

Funds ownership: 3.17%3.44% (+0.27%)

0% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 5

6% less funds holding

Funds holding: 1817 (-1)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

Holders
17
Holders Change
-1
Holders Change %
-5.56%
% of All Funds
0.55%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
5
Reduced
5
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BTS
1
BB&T Securities
Virginia
$6.56M +$159K +10,400 +32%
Morgan Stanley
2
Morgan Stanley
New York
$1.76M +$362K +23,665 +26%
U
3
UBS
Switzerland
$1.36M +$680K +44,437 +101%
LPL Financial
4
LPL Financial
California
$892K -$161K -10,503 -15%
Bank of America
5
Bank of America
North Carolina
$615K -$100K -6,542 -14%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$367K +$35.9K +2,348 +11%
DADC
7
D.A. Davidson & Co
Montana
$329K +$329K +21,500 New
Wells Fargo
8
Wells Fargo
California
$265K -$69.5K -4,541 -21%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$229K -$20.1K -1,313 -8%
PPA
10
Parametric Portfolio Associates
Washington
$183K +$182K +11,905 New
VanEck Associates
11
VanEck Associates
New York
$147K +$9.04K +591 +7%
AIG
12
American International Group
New York
$34.5K +$34.5K +2,253 New
Ameriprise
13
Ameriprise
Minnesota
$27K -$8.72K -570 -25%
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$25K
US Bancorp
15
US Bancorp
Minnesota
$21K
PFO
16
Pathstone Family Office
New Jersey
$19K +$16.8K +1,100 New
Nomura Holdings
17
Nomura Holdings
Japan
$1K +$979 +64 New
TC
18
TFS Capital
Pennsylvania
-$384K -23,926 Closed
HighTower Advisors
19
HighTower Advisors
Illinois
-$233K -14,507 Closed
RJFSA
20
Raymond James Financial Services Advisors
Florida
-$217K -13,527 Closed
WCM
21
Windsor Capital Management
Arizona
-$16K -980 Closed
TRCT
22
Tower Research Capital (TRC)
New York
-$1K -70 Closed
Citigroup
23
Citigroup
New York
-$1K -62 Closed

NUW Hedge Fund Activity: Q3 2013 in Review

17 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q3 2013, worth a combined $12.8M — up 111% from $6.09M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of NUW and 5 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 5 added.

The largest buyer was UBS, adding an estimated $680K. The largest seller was TFS Capital, exiting entirely with an estimated $384K sold.

  • 17 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q3 2013, down from 18 in Q2 2013.
  • Funds reported $12.8M of Nuveen AMT-Free Municipal Value Fund stock for Q3 2013, up 111% quarter-over-quarter.
  • 5 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q3 2013 and 6 closed out, a net change of -1 holder.
  • The largest Nuveen AMT-Free Municipal Value Fund buyer in Q3 2013 was UBS, an estimated $680K added.
  • The largest Nuveen AMT-Free Municipal Value Fund seller in Q3 2013 was TFS Capital, an estimated $384K sold.

Based on aggregated 13F filings for Q3 2013.