NUVEEN MUNI ADVANTAGE FUND
NMA
NMA was delisted on the 8th of April, 2016.
67 hedge funds and large institutions have $65.7M invested in NUVEEN MUNI ADVANTAGE FUND in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
17% more capital invested
Capital invested by funds: $56.2M → $65.7M (+$9.42M)
3% more funds holding
Funds holding: 65 → 67 (+2)
2.43% more ownership
Funds ownership: 9.63% → 12.05% (+2.4%)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$11.3M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.57M |
| 3 |
Goldman Sachs
New York
|
+$1.54M |
| 4 |
Morgan Stanley
New York
|
+$1.54M |
| 5 |
1SB
1ST Source Bank
South Bend,
Indiana
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$4.05M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.04M |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$1.44M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$686K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$614K |
NMA Hedge Fund Activity: Q3 2013 in Review
67 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in NUVEEN MUNI ADVANTAGE FUND (NMA) for Q3 2013, worth a combined $65.7M — up 17% from $56.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NMA positions and 7 closed out — a net gain of 3 holders — while 18 added to existing stakes and 17 trimmed.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $11.3M. The largest seller was Invesco, cutting an estimated $4.05M.
- 67 institutional investors held NUVEEN MUNI ADVANTAGE FUND (NMA) as of Q3 2013, up from 65 in Q2 2013.
- Funds reported $65.7M of NUVEEN MUNI ADVANTAGE FUND stock for Q3 2013, up 17% quarter-over-quarter.
- 10 funds opened new NUVEEN MUNI ADVANTAGE FUND positions in Q3 2013 and 7 closed out, a net change of +3 holders.
- The largest NUVEEN MUNI ADVANTAGE FUND buyer in Q3 2013 was Fir Tree Capital Management, an estimated $11.3M added.
- The largest NUVEEN MUNI ADVANTAGE FUND seller in Q3 2013 was Invesco, an estimated $4.05M sold.
Based on aggregated 13F filings for Q3 2013.