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Nuveen AMT-Free Municipal Value Fund

32 hedge funds and large institutions have $23.7M invested in Nuveen AMT-Free Municipal Value Fund in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 8

40% more capital invested

Capital invested by funds: $16.9M → $23.7M (+$6.72M)

2.95% more ownership

Funds ownership: 7.45%10.4% (+2.9%)

14% less funds holding

Funds holding: 3732 (-5)

56% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 9

Holders
32
Holders Change
-5
Holders Change %
-13.51%
% of All Funds
0.71%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
12
Reduced
8
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$6.61M +$6.37M +434,305 +3,367%
GC
2
Guggenheim Capital
Illinois
$2.94M +$438K +29,904 +18%
Ameriprise
3
Ameriprise
Minnesota
$2.71M +$1.62M +110,169 +151%
Morgan Stanley
4
Morgan Stanley
New York
$1.44M -$262K -17,851 -15%
Wells Fargo
5
Wells Fargo
California
$1.4M +$783K +53,402 +129%
Koshinski Asset Management
6
Koshinski Asset Management
Illinois
$1.25M -$336K -22,912 -21%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$1.08M +$1.07M +73,175 New
VanEck Associates
8
VanEck Associates
New York
$630K +$10.9K +745 +2%
HCIA
9
Hochman Cole Investment Advisors
Illinois
$582K +$166K +11,290 +40%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$554K -$38.8K -2,646 -7%
UBS Group
11
UBS Group
Switzerland
$510K -$274K -18,678 -35%
LPL Financial
12
LPL Financial
California
$427K +$251K +17,119 +145%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$394K +$43.3K +2,956 +12%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$383K +$160K +10,908 +73%
BTS
15
BB&T Securities
Virginia
$378K -$146K -9,957 -28%
Bank of America
16
Bank of America
North Carolina
$349K +$37.5K +2,560 +12%
LCM
17
Landscape Capital Management
New Jersey
$332K -$143K -9,721 -30%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$310K +$231K +15,728 +297%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$262K -$120K -8,169 -32%
DC
20
Davenport & Co
Virginia
$236K
MPI
21
Mairs & Power Inc
Minnesota
$192K
Fiera Capital (Canada)
22
Fiera Capital (Canada)
Quebec, Canada
$167K +$165K +11,286 New
JFGIW
23
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$160K
WT
24
Whittier Trust
California
$103K
NFG
25
Next Financial Group
Texas
$76K +$1.63K +111 +2%

NUW Hedge Fund Activity: Q4 2018 in Review

32 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q4 2018, worth a combined $23.7M — up 40% from $16.9M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of NUW and 4 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 12 added.

The largest buyer was 1607 Capital Partners, adding an estimated $6.37M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.13M sold.

  • 32 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q4 2018, down from 37 in Q3 2018.
  • Funds reported $23.7M of Nuveen AMT-Free Municipal Value Fund stock for Q4 2018, up 40% quarter-over-quarter.
  • 4 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q4 2018 and 9 closed out, a net change of -5 holders.
  • The largest Nuveen AMT-Free Municipal Value Fund buyer in Q4 2018 was 1607 Capital Partners, an estimated $6.37M added.
  • The largest Nuveen AMT-Free Municipal Value Fund seller in Q4 2018 was Laurion Capital Management, an estimated $1.13M sold.

Based on aggregated 13F filings for Q4 2018.