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Nuveen AMT-Free Municipal Value Fund

47 hedge funds and large institutions have $90.2M invested in Nuveen AMT-Free Municipal Value Fund in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 19 increasing their positions, 16 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 16

4.73% less ownership

Funds ownership: 41.95%37.21% (-4.7%)

10% less funds holding

Funds holding: 5247 (-5)

12% less capital invested

Capital invested by funds: $103M → $90.2M (-$12.5M)

83% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 6

Holders
47
Holders Change
-5
Holders Change %
-9.62%
% of All Funds
0.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
19
Reduced
16
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$13.7M -$7.07M -515,280 -34%
TIM
2
Tortoise Investment Management
New York
$13.6M +$2.55M +186,160 +23%
KIM
3
Karpus Investment Management
New York
$13.6M -$966K -70,465 -7%
Morgan Stanley
4
Morgan Stanley
New York
$7.32M -$7.47M -544,628 -50%
RCM
5
Rivernorth Capital Management
Florida
$6.91M -$42K -3,062 -0.6%
GC
6
Guggenheim Capital
Illinois
$5.99M -$105K -7,675 -2%
HWAM
7
Hennion & Walsh Asset Management
New Jersey
$5.24M -$84.6K -6,167 -2%
UBS Group
8
UBS Group
Switzerland
$2.95M -$48.7K -3,550 -2%
Bank of America
9
Bank of America
North Carolina
$2.58M +$598K +43,609 +30%
Wells Fargo
10
Wells Fargo
California
$2.3M +$30.1K +2,196 +1%
VanEck Associates
11
VanEck Associates
New York
$1.56M -$225K -16,407 -12%
CAPTRUST Financial Advisors
12
CAPTRUST Financial Advisors
North Carolina
$1.39M +$767K +55,942 +119%
AIM
13
AHL Investment Management
Florida
$1.27M +$1.06M +77,615 +476%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$1.22M -$24.1K -1,756 -2%
RJA
15
Raymond James & Associates
Florida
$1.2M +$211K +15,356 +21%
LPL Financial
16
LPL Financial
California
$1.1M -$41.2K -3,002 -4%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$769K +$2.5K +182 +0.3%
LCM
18
Landscape Capital Management
New Jersey
$603K -$33.1K -2,412 -5%
KAS
19
Kestra Advisory Services
Texas
$598K +$357 +26 +0.1%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$523K +$2.88K +210 +0.5%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$520K +$101K +7,360 +24%
WAM
22
Wolverine Asset Management
Illinois
$476K +$69.9K +5,096 +17%
MWM
23
Melfa Wealth Management
Massachusetts
$472K +$69 +5 +0%
PWM
24
Palumbo Wealth Management
New York
$426K
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$421K +$255K +18,589 +148%

NUW Hedge Fund Activity: Q1 2024 in Review

47 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Value Fund (NUW) for Q1 2024, worth a combined $90.2M — down 12% from $103M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of NUW and 1 opened new positions — a net loss of 5 holders — while 16 trimmed existing stakes and 19 added.

The largest buyer was Tortoise Investment Management, adding an estimated $2.55M. The largest seller was Morgan Stanley, cutting an estimated $7.47M.

  • 47 institutional investors held Nuveen AMT-Free Municipal Value Fund (NUW) as of Q1 2024, down from 52 in Q4 2023.
  • Funds reported $90.2M of Nuveen AMT-Free Municipal Value Fund stock for Q1 2024, down 12% quarter-over-quarter.
  • 1 fund opened new Nuveen AMT-Free Municipal Value Fund positions in Q1 2024 and 6 closed out, a net change of -5 holders.
  • The largest Nuveen AMT-Free Municipal Value Fund buyer in Q1 2024 was Tortoise Investment Management, an estimated $2.55M added.
  • The largest Nuveen AMT-Free Municipal Value Fund seller in Q1 2024 was Morgan Stanley, an estimated $7.47M sold.

Based on aggregated 13F filings for Q1 2024.