NUVEEN MUNI ADVANTAGE FUND
NMA
NMA was delisted on the 8th of April, 2016.
71 hedge funds and large institutions have $103M invested in NUVEEN MUNI ADVANTAGE FUND in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
10% more capital invested
Capital invested by funds: $94.2M → $103M (+$9.15M)
8% more funds holding
Funds holding: 66 → 71 (+5)
1.33% more ownership
Funds ownership: 16.02% → 17.36% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$5.08M |
| 2 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$749K |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
+$542K |
| 4 |
AIM
Allen Investment Management
New York
|
+$359K |
| 5 |
SG Americas Securities
New York
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.34M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.82M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.41M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$1.32M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$943K |
NMA Hedge Fund Activity: Q4 2014 in Review
71 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in NUVEEN MUNI ADVANTAGE FUND (NMA) for Q4 2014, worth a combined $103M — up 9.7% from $94.2M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NMA positions and 7 closed out — a net gain of 7 holders — while 20 added to existing stakes and 15 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $5.08M. The largest seller was Karpus Investment Management, cutting an estimated $3.34M.
- 71 institutional investors held NUVEEN MUNI ADVANTAGE FUND (NMA) as of Q4 2014, up from 66 in Q3 2014.
- Funds reported $103M of NUVEEN MUNI ADVANTAGE FUND stock for Q4 2014, up 9.7% quarter-over-quarter.
- 14 funds opened new NUVEEN MUNI ADVANTAGE FUND positions in Q4 2014 and 7 closed out, a net change of +7 holders.
- The largest NUVEEN MUNI ADVANTAGE FUND buyer in Q4 2014 was 1607 Capital Partners, an estimated $5.08M added.
- The largest NUVEEN MUNI ADVANTAGE FUND seller in Q4 2014 was Karpus Investment Management, an estimated $3.34M sold.
Based on aggregated 13F filings for Q4 2014.