Nuveen Municipal 2021 Target Term Fund
NHA was delisted on the 23rd of February, 2021.
13 hedge funds and large institutions have $5.7M invested in Nuveen Municipal 2021 Target Term Fund in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
35% more capital invested
Capital invested by funds: $4.23M → $5.7M (+$1.47M)
8% more funds holding
Funds holding: 12 → 13 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$613K |
| 2 |
Morgan Stanley
New York
|
+$482K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$265K |
| 4 |
Comerica Bank
Dallas,
Texas
|
+$203K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$171K |
| 2 |
TSS
Two Sigma Securities
New York
|
-$157K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$15.2K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $2.36M | +$482K | +47,563 | +25% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $915K | +$613K | +60,483 | +198% |
|
3
Wells Fargo
San Francisco,
California
| $832K | +$37.5K | +3,701 | +5% |
|
|
VKH
4
Virtu KCG Holdings
New York
| $263K | +$265K | +26,163 | New |
|
5
First Trust Advisors
Wheaton,
Illinois
| $252K | +$46.8K | +4,621 | +23% |
|
6
LPL Financial
San Diego,
California
| $206K | +$73.5K | +7,250 | +55% |
|
|
7
Comerica Bank
Dallas,
Texas
| $202K | +$203K | +20,000 | New |
|
|
IA
8
IFP Advisors
Tampa,
Florida
| $201K | – | – | – |
|
|
9
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $141K | -$15.2K | -1,500 | -10% |
|
|
10
Citadel Advisors
Miami,
Florida
| $134K | +$135K | +13,301 | New |
|
|
SWP
11
Stratos Wealth Partners
Beachwood,
Ohio
| $100K | – | – | – |
|
|
12
UBS Group
Zurich,
Switzerland
| $53K | -$171K | -16,896 | -76% |
|
|
ASN
13
Advisory Services Network
Atlanta,
Georgia
| $38K | +$37.6K | +3,711 | +4,170% |
|
|
TSS
14
Two Sigma Securities
New York
| – | -$157K | -15,391 | Closed |
|
|
TRCT
15
Tower Research Capital (TRC)
New York
| – | -$3K | -255 | Closed |
|
NHA Hedge Fund Activity: Q3 2016 in Review
13 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal 2021 Target Term Fund (NHA) for Q3 2016, worth a combined $5.7M — up 35% from $4.23M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NHA positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Bank of America, adding an estimated $613K. The largest seller was UBS Group, cutting an estimated $171K.
- 13 institutional investors held Nuveen Municipal 2021 Target Term Fund (NHA) as of Q3 2016, up from 12 in Q2 2016.
- Funds reported $5.7M of Nuveen Municipal 2021 Target Term Fund stock for Q3 2016, up 35% quarter-over-quarter.
- 3 funds opened new Nuveen Municipal 2021 Target Term Fund positions in Q3 2016 and 2 closed out, a net change of +1 holder.
- The largest Nuveen Municipal 2021 Target Term Fund buyer in Q3 2016 was Bank of America, an estimated $613K added.
- The largest Nuveen Municipal 2021 Target Term Fund seller in Q3 2016 was UBS Group, an estimated $171K sold.
Based on aggregated 13F filings for Q3 2016.