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Nuveen AMT-Free Municipal Value Fund

21 hedge funds and large institutions have $17.9M invested in Nuveen AMT-Free Municipal Value Fund in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 4

9% more capital invested

Capital invested by funds: $16.5M → $17.9M (+$1.43M)

0.48% more ownership

Funds ownership: 5.16%5.64% (+0.48%)

0% more funds holding

Funds holding: 2121 (0)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

Holders
21
Holders Change
Holders Change %
0%
% of All Funds
0.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
7
Reduced
4
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BTS
1
BB&T Securities
Virginia
$6.68M -$47.4K -3,000 -7%
Morgan Stanley
2
Morgan Stanley
New York
$3.62M +$244K +15,453 +7%
Bank of America
3
Bank of America
North Carolina
$2.16M +$853K +53,936 +66%
U
4
UBS
Switzerland
$1.41M -$56.5K -3,574 -4%
GC
5
Guggenheim Capital
Illinois
$975K +$428K +27,034 +80%
LPL Financial
6
LPL Financial
California
$956K +$212K +13,432 +29%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$489K +$85K +5,372 +21%
Wells Fargo
8
Wells Fargo
California
$439K +$25.2K +1,594 +6%
DADC
9
D.A. Davidson & Co
Montana
$411K
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$314K +$70.7K +4,467 +29%
Jane Street
11
Jane Street
New York
$160K -$301K -19,060 -66%
VanEck Associates
12
VanEck Associates
New York
$125K -$11.2K -709 -8%
CFN
13
Cordasco Financial Network
Florida
$27K
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$26K
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$26K +$25.3K +1,600 New
US Bancorp
16
US Bancorp
Minnesota
$22K
Northwestern Mutual Wealth Management
17
Northwestern Mutual Wealth Management
Wisconsin
$20K +$19.3K +1,220 New
FCCM
18
First City Capital Management
Georgia
$14.2K +$23.7K +1,500 New
NSIM
19
North Star Investment Management
Illinois
$14K +$14.2K +900 New
Deutsche Bank
20
Deutsche Bank
Germany
$9K +$9.79K +619 New
WT
21
Whittier Trust
California
$7K
PP
22
Prudential plc
United Kingdom
-$371K -24,380 Closed
PPA
23
Parametric Portfolio Associates
Washington
-$174K -11,460 Closed
Citigroup
24
Citigroup
New York
-$11K -705 Closed
MFS
25
MSI Financial Services
Massachusetts
-$5K -350 Closed

NUW Hedge Fund Activity: Q1 2014 in Review

21 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q1 2014, worth a combined $17.9M — up 8.7% from $16.5M a quarter earlier.

Fund positioning in NUW was balanced in Q1 2014: 5 funds opened new positions, 5 closed out, 7 added to existing stakes and 4 trimmed.

The largest buyer was Bank of America, adding an estimated $853K. The largest seller was Prudential plc, exiting entirely with an estimated $371K sold.

  • 21 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q1 2014, unchanged from Q4 2013.
  • Funds reported $17.9M of Nuveen AMT-Free Municipal Value Fund stock for Q1 2014, up 8.7% quarter-over-quarter.
  • 5 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q1 2014 and 5 closed out, a net change of 0 holders.
  • The largest Nuveen AMT-Free Municipal Value Fund buyer in Q1 2014 was Bank of America, an estimated $853K added.
  • The largest Nuveen AMT-Free Municipal Value Fund seller in Q1 2014 was Prudential plc, an estimated $371K sold.

Based on aggregated 13F filings for Q1 2014.