NUVEEN MUNI ADVANTAGE FUND
NMA
NMA was delisted on the 8th of April, 2016.
63 hedge funds and large institutions have $103M invested in NUVEEN MUNI ADVANTAGE FUND in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 7 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
21% more capital invested
Capital invested by funds: $84.7M → $103M (+$18M)
2% less funds holding
Funds holding: 64 → 63 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$8.33M |
| 2 |
OHA
Oak Hill Advisors
New York
|
+$3.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.5M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.13M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$871K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$1.01M |
| 2 |
GCM
Gruss Capital Management
New York
|
-$1M |
| 3 |
Morgan Stanley
New York
|
-$695K |
| 4 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$480K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$390K |
NMA Hedge Fund Activity: Q2 2014 in Review
63 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in NUVEEN MUNI ADVANTAGE FUND (NMA) for Q2 2014, worth a combined $103M — up 21% from $84.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NMA and 6 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 24 added.
The largest buyer was Karpus Investment Management, adding an estimated $8.33M. The largest seller was Newgate Capital Management, exiting entirely with an estimated $1.01M sold.
- 63 institutional investors held NUVEEN MUNI ADVANTAGE FUND (NMA) as of Q2 2014, down from 64 in Q1 2014.
- Funds reported $103M of NUVEEN MUNI ADVANTAGE FUND stock for Q2 2014, up 21% quarter-over-quarter.
- 6 funds opened new NUVEEN MUNI ADVANTAGE FUND positions in Q2 2014 and 7 closed out, a net change of -1 holder.
- The largest NUVEEN MUNI ADVANTAGE FUND buyer in Q2 2014 was Karpus Investment Management, an estimated $8.33M added.
- The largest NUVEEN MUNI ADVANTAGE FUND seller in Q2 2014 was Newgate Capital Management, an estimated $1.01M sold.
Based on aggregated 13F filings for Q2 2014.