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Nuveen AMT-Free Municipal Value Fund

17 hedge funds and large institutions have $18.7M invested in Nuveen AMT-Free Municipal Value Fund in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 3

4% more capital invested

Capital invested by funds: $17.9M → $18.7M (+$790K)

0.02% more ownership

Funds ownership: 5.64%5.67% (+0.02%)

19% less funds holding

Funds holding: 2117 (-4)

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

Holders
17
Holders Change
-4
Holders Change %
-19.05%
% of All Funds
0.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
6
Reduced
3
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BTS
1
BB&T Securities
Virginia
$6.96M
Morgan Stanley
2
Morgan Stanley
New York
$3.81M +$43.9K +2,680 +1%
Bank of America
3
Bank of America
North Carolina
$2.33M +$77.9K +4,758 +4%
U
4
UBS
Switzerland
$1.42M -$51.8K -3,166 -4%
GC
5
Guggenheim Capital
Illinois
$1.3M +$281K +17,147 +28%
LPL Financial
6
LPL Financial
California
$895K -$98.3K -6,009 -10%
Wells Fargo
7
Wells Fargo
California
$469K +$11.5K +705 +3%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$441K -$66.2K -4,043 -13%
DADC
9
D.A. Davidson & Co
Montana
$428K
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$358K +$31.2K +1,906 +10%
VanEck Associates
11
VanEck Associates
New York
$158K +$28.1K +1,719 +22%
Bank of Montreal
12
Bank of Montreal
Ontario, Canada
$33K +$32.5K +1,985 New
CFN
13
Cordasco Financial Network
Florida
$28K
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$27K
US Bancorp
15
US Bancorp
Minnesota
$23K
Citigroup
16
Citigroup
New York
$21K +$20.3K +1,239 New
WT
17
Whittier Trust
California
$7K
Jane Street
18
Jane Street
New York
-$160K -10,025 Closed
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
-$26K -1,600 Closed
FCCM
20
First City Capital Management
Georgia
-$14.2K -1,500 Closed
Northwestern Mutual Wealth Management
21
Northwestern Mutual Wealth Management
Wisconsin
-$20K -1,220 Closed
NSIM
22
North Star Investment Management
Illinois
-$14K -900 Closed
Deutsche Bank
23
Deutsche Bank
Germany
-$9K -619 Closed

NUW Hedge Fund Activity: Q2 2014 in Review

17 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q2 2014, worth a combined $18.7M — up 4.4% from $17.9M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of NUW and 2 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 6 added.

The largest buyer was Guggenheim Capital, adding an estimated $281K. The largest seller was Jane Street, exiting entirely with an estimated $160K sold.

  • 17 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q2 2014, down from 21 in Q1 2014.
  • Funds reported $18.7M of Nuveen AMT-Free Municipal Value Fund stock for Q2 2014, up 4.4% quarter-over-quarter.
  • 2 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q2 2014 and 6 closed out, a net change of -4 holders.
  • The largest Nuveen AMT-Free Municipal Value Fund buyer in Q2 2014 was Guggenheim Capital, an estimated $281K added.
  • The largest Nuveen AMT-Free Municipal Value Fund seller in Q2 2014 was Jane Street, an estimated $160K sold.

Based on aggregated 13F filings for Q2 2014.