NUVEEN EQUITY PREMIUM ADVANTAGE FUND
JLA
JLA was delisted on the 19th of December, 2014.
40 hedge funds and large institutions have $63.7M invested in NUVEEN EQUITY PREMIUM ADVANTAGE FUND in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 6 closing their positions.
1.74% less ownership
Funds ownership: 21.3% → 19.56% (-1.7%)
7% less funds holding
Funds holding: 43 → 40 (-3)
8% less capital invested
Capital invested by funds: $69.1M → $63.7M (-$5.36M)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.11M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$748K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$542K |
| 4 |
VC
Vicus Capital
State College,
Pennsylvania
|
+$350K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.71M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.11M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$788K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$707K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$679K |
JLA Hedge Fund Activity: Q1 2014 in Review
40 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in NUVEEN EQUITY PREMIUM ADVANTAGE FUND (JLA) for Q1 2014, worth a combined $63.7M — down 7.8% from $69.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of JLA and 3 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 12 added.
The largest buyer was Shaker Financial Services, adding an estimated $1.11M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $2.71M sold.
- 40 institutional investors held NUVEEN EQUITY PREMIUM ADVANTAGE FUND (JLA) as of Q1 2014, down from 43 in Q4 2013.
- Funds reported $63.7M of NUVEEN EQUITY PREMIUM ADVANTAGE FUND stock for Q1 2014, down 7.8% quarter-over-quarter.
- 3 funds opened new NUVEEN EQUITY PREMIUM ADVANTAGE FUND positions in Q1 2014 and 6 closed out, a net change of -3 holders.
- The largest NUVEEN EQUITY PREMIUM ADVANTAGE FUND buyer in Q1 2014 was Shaker Financial Services, an estimated $1.11M added.
- The largest NUVEEN EQUITY PREMIUM ADVANTAGE FUND seller in Q1 2014 was Wolverine Asset Management, an estimated $2.71M sold.
Based on aggregated 13F filings for Q1 2014.