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Nuveen AMT-Free Municipal Value Fund

21 hedge funds and large institutions have $16.5M invested in Nuveen AMT-Free Municipal Value Fund in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 3

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

28% more capital invested

Capital invested by funds: $12.8M → $16.5M (+$3.65M)

24% more funds holding

Funds holding: 1721 (+4)

1.72% more ownership

Funds ownership: 3.44%5.16% (+1.7%)

Holders
21
Holders Change
+4
Holders Change %
+23.53%
% of All Funds
0.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
8
Reduced
3
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BTS
1
BB&T Securities
Virginia
$6.81M +$30K +2,000 +5%
Morgan Stanley
2
Morgan Stanley
New York
$3.21M +$1.44M +96,357 +84%
U
3
UBS
Switzerland
$1.39M +$47K +3,140 +4%
Bank of America
4
Bank of America
North Carolina
$1.24M +$619K +41,295 +103%
LPL Financial
5
LPL Financial
California
$705K -$209K -13,967 -23%
GC
6
Guggenheim Capital
Illinois
$516K +$509K +33,945 New
Jane Street
7
Jane Street
New York
$442K +$436K +29,085 New
Wells Fargo
8
Wells Fargo
California
$393K +$129K +8,589 +50%
DADC
9
D.A. Davidson & Co
Montana
$391K +$63.7K +4,250 +20%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$383K +$18.9K +1,260 +5%
PP
11
Prudential plc
United Kingdom
$371K +$365K +24,380 New
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$230K +$2.83K +189 +1%
PPA
13
Parametric Portfolio Associates
Washington
$174K -$6.67K -445 -4%
VanEck Associates
14
VanEck Associates
New York
$129K -$16.7K -1,117 -12%
CFN
15
Cordasco Financial Network
Florida
$26K +$25.6K +1,708 New
LTFS
16
Ladenburg Thalmann Financial Services
Florida
$25K
US Bancorp
17
US Bancorp
Minnesota
$21K
Citigroup
18
Citigroup
New York
$11K +$10.6K +705 New
WT
19
Whittier Trust
California
$7K +$6.67K +445 New
MFS
20
MSI Financial Services
Massachusetts
$5K +$5.24K +350 New
DSC
21
Duncker Streett & Co
Missouri
$4K +$4.41K +294 New
AIG
22
American International Group
New York
-$34.5K -2,253 Closed
Ameriprise
23
Ameriprise
Minnesota
-$27K -1,750 Closed
PFO
24
Pathstone Family Office
New Jersey
-$19K -1,100 Closed
Nomura Holdings
25
Nomura Holdings
Japan
-$1K -64 Closed

NUW Hedge Fund Activity: Q4 2013 in Review

21 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q4 2013, worth a combined $16.5M — up 28% from $12.8M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new NUW positions and 4 closed out — a net gain of 4 holders — while 8 added to existing stakes and 3 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.44M. The largest seller was LPL Financial, cutting an estimated $209K.

  • 21 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q4 2013, up from 17 in Q3 2013.
  • Funds reported $16.5M of Nuveen AMT-Free Municipal Value Fund stock for Q4 2013, up 28% quarter-over-quarter.
  • 8 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q4 2013 and 4 closed out, a net change of +4 holders.
  • The largest Nuveen AMT-Free Municipal Value Fund buyer in Q4 2013 was Morgan Stanley, an estimated $1.44M added.
  • The largest Nuveen AMT-Free Municipal Value Fund seller in Q4 2013 was LPL Financial, an estimated $209K sold.

Based on aggregated 13F filings for Q4 2013.