NUVEEN MUNI ADVANTAGE FUND
NMA
NMA was delisted on the 8th of April, 2016.
75 hedge funds and large institutions have $123M invested in NUVEEN MUNI ADVANTAGE FUND in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
4% more funds holding
Funds holding: 72 → 75 (+3)
1% more capital invested
Capital invested by funds: $121M → $123M (+$1.19M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$3.31M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.27M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.54M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.42M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$7.13M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.2M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.92M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$924K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$840K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MGAM
76
McGowan Group Asset Management
Dallas,
Texas
| – | -$7.13M | -514,805 | Closed |
|
|
NPC
77
National Planning Corporation
El Segundo,
California
| – | -$840K | -59,206 | Closed |
|
|
AA
78
AQR Arbitrage
Greenwich,
Connecticut
| – | -$792K | -57,163 | Closed |
|
79
SG Americas Securities
New York
| – | -$491K | -35,479 | Closed |
|
|
SIA
80
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$143K | -10,300 | Closed |
|
|
AFP
81
Ausdal Financial Partners
Davenport,
Iowa
| – | -$15K | -1,085 | Closed |
|
|
MA
82
MUFG Americas
New York
| – | -$5K | -350 | Closed |
|
NMA Hedge Fund Activity: Q1 2016 in Review
75 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in NUVEEN MUNI ADVANTAGE FUND (NMA) for Q1 2016, worth a combined $123M — up 0.98% from $121M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NMA positions and 7 closed out — a net gain of 3 holders — while 24 added to existing stakes and 19 trimmed.
The largest buyer was Yorktown Management & Research Company, opening a new position worth an estimated $3.31M. The largest seller was McGowan Group Asset Management, exiting entirely with an estimated $7.13M sold.
- 75 institutional investors held NUVEEN MUNI ADVANTAGE FUND (NMA) as of Q1 2016, up from 72 in Q4 2015.
- Funds reported $123M of NUVEEN MUNI ADVANTAGE FUND stock for Q1 2016, up 0.98% quarter-over-quarter.
- 10 funds opened new NUVEEN MUNI ADVANTAGE FUND positions in Q1 2016 and 7 closed out, a net change of +3 holders.
- The largest NUVEEN MUNI ADVANTAGE FUND buyer in Q1 2016 was Yorktown Management & Research Company, an estimated $3.31M added.
- The largest NUVEEN MUNI ADVANTAGE FUND seller in Q1 2016 was McGowan Group Asset Management, an estimated $7.13M sold.
Based on aggregated 13F filings for Q1 2016.