NUVEEN EQUITY PREMIUM ADVANTAGE FUND
JLA
JLA was delisted on the 19th of December, 2014.
45 hedge funds and large institutions have $67.6M invested in NUVEEN EQUITY PREMIUM ADVANTAGE FUND in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
13% more funds holding
Funds holding: 40 → 45 (+5)
6% more capital invested
Capital invested by funds: $63.7M → $67.6M (+$3.86M)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$7.16M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.36M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.31M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.03M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$995K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.48M |
| 2 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$2.7M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.9M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.27M |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$614K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| – | -$22K | -1,742 | Closed |
|
52
AllianceBernstein
Nashville,
Tennessee
| – | -$13K | -995 | Closed |
|
JLA Hedge Fund Activity: Q2 2014 in Review
45 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in NUVEEN EQUITY PREMIUM ADVANTAGE FUND (JLA) for Q2 2014, worth a combined $67.6M — up 6.1% from $63.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new JLA positions and 7 closed out — a net gain of 5 holders — while 10 added to existing stakes and 17 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $7.16M. The largest seller was Advisors Asset Management, cutting an estimated $3.48M.
- 45 institutional investors held NUVEEN EQUITY PREMIUM ADVANTAGE FUND (JLA) as of Q2 2014, up from 40 in Q1 2014.
- Funds reported $67.6M of NUVEEN EQUITY PREMIUM ADVANTAGE FUND stock for Q2 2014, up 6.1% quarter-over-quarter.
- 12 funds opened new NUVEEN EQUITY PREMIUM ADVANTAGE FUND positions in Q2 2014 and 7 closed out, a net change of +5 holders.
- The largest NUVEEN EQUITY PREMIUM ADVANTAGE FUND buyer in Q2 2014 was Sit Investment Associates, an estimated $7.16M added.
- The largest NUVEEN EQUITY PREMIUM ADVANTAGE FUND seller in Q2 2014 was Advisors Asset Management, an estimated $3.48M sold.
Based on aggregated 13F filings for Q2 2014.