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Nuveen AMT-Free Municipal Value Fund

32 hedge funds and large institutions have $31.2M invested in Nuveen AMT-Free Municipal Value Fund in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 9

18% more capital invested

Capital invested by funds: $26.5M → $31.2M (+$4.73M)

1.94% more ownership

Funds ownership: 10.91%12.85% (+1.9%)

11% less funds holding

Funds holding: 3632 (-4)

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

Holders
32
Holders Change
-4
Holders Change %
-11.11%
% of All Funds
0.66%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
12
Reduced
9
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$11.7M +$4.51M +299,589 +66%
Ameriprise
2
Ameriprise
Minnesota
$2.62M +$133K +8,860 +6%
Wells Fargo
3
Wells Fargo
California
$2.24M +$173K +11,506 +9%
GC
4
Guggenheim Capital
Illinois
$2.19M -$528K -35,119 -20%
Morgan Stanley
5
Morgan Stanley
New York
$1.13M +$67.4K +4,481 +7%
VanEck Associates
6
VanEck Associates
New York
$1.05M +$96.6K +6,426 +11%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$1.01M +$174K +11,560 +22%
WAM
8
Wolverine Asset Management
Illinois
$850K -$170K -11,330 -17%
WAM
9
Wakefield Asset Management
Colorado
$846K -$84.2K -5,597 -9%
Koshinski Asset Management
10
Koshinski Asset Management
Illinois
$820K -$35.8K -2,379 -4%
HCIA
11
Hochman Cole Investment Advisors
Illinois
$761K +$365K +24,285 +100%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$623K +$96.8K +6,439 +19%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$620K +$24.9K +1,656 +4%
PAS
14
Park Avenue Securities
New York
$618K +$594K +39,510 New
RJFSA
15
Raymond James Financial Services Advisors
Florida
$565K +$41.3K +2,745 +8%
Bank of America
16
Bank of America
North Carolina
$524K -$38.2K -2,540 -7%
LPL Financial
17
LPL Financial
California
$500K -$10.7K -711 -2%
UBS Group
18
UBS Group
Switzerland
$368K +$109K +7,227 +44%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$362K -$30.2K -2,008 -8%
Truist Financial
20
Truist Financial
North Carolina
$349K
AA
21
AQR Arbitrage
Connecticut
$304K +$67.3K +4,474 +30%
DC
22
Davenport & Co
Virginia
$291K
JFGIW
23
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$170K
CFB
24
Cullen/Frost Bankers
Texas
$115K
BAM
25
Belpointe Asset Management
Nevada
$106K

NUW Hedge Fund Activity: Q2 2020 in Review

32 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q2 2020, worth a combined $31.2M — up 18% from $26.5M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of NUW and 2 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 12 added.

The largest buyer was 1607 Capital Partners, adding an estimated $4.51M. The largest seller was Guggenheim Capital, cutting an estimated $528K.

  • 32 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q2 2020, down from 36 in Q1 2020.
  • Funds reported $31.2M of Nuveen AMT-Free Municipal Value Fund stock for Q2 2020, up 18% quarter-over-quarter.
  • 2 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q2 2020 and 6 closed out, a net change of -4 holders.
  • The largest Nuveen AMT-Free Municipal Value Fund buyer in Q2 2020 was 1607 Capital Partners, an estimated $4.51M added.
  • The largest Nuveen AMT-Free Municipal Value Fund seller in Q2 2020 was Guggenheim Capital, an estimated $528K sold.

Based on aggregated 13F filings for Q2 2020.