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Nuveen AMT-Free Municipal Value Fund

43 hedge funds and large institutions have $84.6M invested in Nuveen AMT-Free Municipal Value Fund in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

6% more capital invested

Capital invested by funds: $79.5M → $84.6M (+$5.07M)

5% more funds holding

Funds holding: 4143 (+2)

2.01% more ownership

Funds ownership: 32.29%34.3% (+2%)

0% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 16

Holders
43
Holders Change
+2
Holders Change %
+4.88%
% of All Funds
0.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
16
Reduced
16
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$20M +$71.6K +5,200 +0.4%
KIM
2
Karpus Investment Management
New York
$15.2M -$138K -9,994 -0.9%
Morgan Stanley
3
Morgan Stanley
New York
$8.87M -$1.18M -85,575 -12%
TIM
4
Tortoise Investment Management
New York
$8.55M +$2.5M +181,159 +41%
GC
5
Guggenheim Capital
Illinois
$5.67M +$2.19M +159,140 +63%
RCM
6
Rivernorth Capital Management
Florida
$4.77M +$628K +45,616 +15%
HWAM
7
Hennion & Walsh Asset Management
New Jersey
$4.64M +$506K +36,744 +12%
UBS Group
8
UBS Group
Switzerland
$2.65M +$1.11M +80,502 +72%
Wells Fargo
9
Wells Fargo
California
$2.27M -$148K -10,730 -6%
Bank of America
10
Bank of America
North Carolina
$1.96M -$186K -13,503 -9%
VanEck Associates
11
VanEck Associates
New York
$1.3M +$34.4K +2,499 +3%
WAM
12
Wakefield Asset Management
Colorado
$1.02M +$47.3K +3,434 +5%
Ameriprise
13
Ameriprise
Minnesota
$672K -$17.2K -1,251 -2%
LPL Financial
14
LPL Financial
California
$666K +$241K +17,501 +56%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$622K +$30.7K +2,226 +5%
KAS
16
Kestra Advisory Services
Texas
$607K +$147K +10,655 +32%
MFG
17
Midwest Financial Group
Kansas
$554K +$9.85K +715 +2%
MWM
18
Melfa Wealth Management
Massachusetts
$479K +$303 +22 +0.1%
Koshinski Asset Management
19
Koshinski Asset Management
Illinois
$378K +$380K +27,557 New
HighTower Advisors
20
HighTower Advisors
Illinois
$364K -$109K -7,891 -23%
AIM
21
AHL Investment Management
Florida
$362K -$276K -20,013 -43%
AWS
22
Atria Wealth Solutions
New York
$357K
RIA
23
Realta Investment Advisors
Delaware
$347K +$110 +8 +0%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$319K -$51.5K -3,740 -14%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$307K -$30.1K -2,188 -9%

NUW Hedge Fund Activity: Q2 2023 in Review

43 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q2 2023, worth a combined $84.6M — up 6.4% from $79.5M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new NUW positions and 2 closed out — a net gain of 2 holders — while 16 added to existing stakes and 16 trimmed.

The largest buyer was Tortoise Investment Management, adding an estimated $2.5M. The largest seller was Morgan Stanley, cutting an estimated $1.18M.

  • 43 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q2 2023, up from 41 in Q1 2023.
  • Funds reported $84.6M of Nuveen AMT-Free Municipal Value Fund stock for Q2 2023, up 6.4% quarter-over-quarter.
  • 4 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q2 2023 and 2 closed out, a net change of +2 holders.
  • The largest Nuveen AMT-Free Municipal Value Fund buyer in Q2 2023 was Tortoise Investment Management, an estimated $2.5M added.
  • The largest Nuveen AMT-Free Municipal Value Fund seller in Q2 2023 was Morgan Stanley, an estimated $1.18M sold.

Based on aggregated 13F filings for Q2 2023.