Nuveen AMT-Free Municipal Value Fund
NUW
42 hedge funds and large institutions have $85.5M invested in Nuveen AMT-Free Municipal Value Fund in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 6 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
1.22% more ownership
Funds ownership: 34.3% → 35.52% (+1.2%)
1% more capital invested
Capital invested by funds: $84.6M → $85.5M (+$918K)
2% less funds holding
Funds holding: 43 → 42 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$1.22M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.16M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$923K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$863K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$696K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.16M |
| 2 |
MFG
Midwest Financial Group
Overland Park,
Kansas
|
-$554K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$413K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$321K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$215K |
NUW Hedge Fund Activity: Q3 2023 in Review
42 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q3 2023, worth a combined $85.5M — up 1.1% from $84.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NUW and 5 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 18 added.
The largest buyer was Tortoise Investment Management, adding an estimated $1.22M. The largest seller was Morgan Stanley, cutting an estimated $2.16M.
- 42 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q3 2023, down from 43 in Q2 2023.
- Funds reported $85.5M of Nuveen AMT-Free Municipal Value Fund stock for Q3 2023, up 1.1% quarter-over-quarter.
- 5 funds opened new Nuveen AMT-Free Municipal Value Fund positions in Q3 2023 and 6 closed out, a net change of -1 holder.
- The largest Nuveen AMT-Free Municipal Value Fund buyer in Q3 2023 was Tortoise Investment Management, an estimated $1.22M added.
- The largest Nuveen AMT-Free Municipal Value Fund seller in Q3 2023 was Morgan Stanley, an estimated $2.16M sold.
Based on aggregated 13F filings for Q3 2023.