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NMA

NUVEEN MUNI ADVANTAGE FUND
NMA

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 6671 (+5)

Holders
71
Holders Change
+5
Holders Change %
+7.58%
% of All Funds
1.89%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
20
Reduced
15
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$19.5M -$3.34M -245,294 -15%
RCM
2
Rivernorth Capital Management
Florida
$12M
MGAM
3
McGowan Group Asset Management
Texas
$7.57M +$7.55M +554,435 New
1CP
4
1607 Capital Partners
Virginia
$6.96M +$5.08M +372,787 +273%
GC
5
Guggenheim Capital
Illinois
$5.75M +$302K +22,188 +6%
Invesco
6
Invesco
Georgia
$5.29M -$1.41M -103,850 -21%
OHA
7
Oak Hill Advisors
New York
$4.37M
B
8
Baird
Wisconsin
$3.48M +$542K +39,809 +19%
Morgan Stanley
9
Morgan Stanley
New York
$3.34M -$495K -36,352 -13%
PPA
10
Parametric Portfolio Associates
Washington
$3.08M +$303K +22,226 +11%
PAM
11
PT Asset Management
Illinois
$3.01M +$3M +220,239 New
GEM
12
Global Endowment Management
North Carolina
$2.47M
WA
13
Whitebox Advisors
Minnesota
$2.16M +$25.3K +1,859 +1%
PNC Financial Services Group
14
PNC Financial Services Group
Pennsylvania
$1.94M
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.9M +$156K +11,486 +9%
Wells Fargo
16
Wells Fargo
California
$1.7M +$39.9K +2,930 +2%
WKWM
17
Walter & Keenan Wealth Management
Indiana
$1.7M +$261K +19,177 +18%
Goldman Sachs
18
Goldman Sachs
New York
$1.52M +$323K +23,678 +27%
AAM
19
Advisors Asset Management
Colorado
$1.43M -$837K -61,400 -37%
NCM
20
Narwhal Capital Management
Georgia
$1.21M -$352K -25,842 -23%
UBS Group
21
UBS Group
Switzerland
$1.16M +$1.15M +84,732 New
AQR Capital Management
22
AQR Capital Management
Connecticut
$1.03M +$280K +20,579 +37%
Bank of America
23
Bank of America
North Carolina
$766K -$71.1K -5,216 -9%
JWA
24
JFS Wealth Advisors
Pennsylvania
$751K +$749K +55,000 New
VanEck Associates
25
VanEck Associates
New York
$626K +$55.1K +4,041 +10%

NMA Hedge Fund Activity: Q4 2014 in Review

71 of the 3,751 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.