NUVEEN MUNI ADVANTAGE FUND
NMA
NMA was delisted on the 8th of April, 2016.
69 hedge funds and large institutions have $105M invested in NUVEEN MUNI ADVANTAGE FUND in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 7 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
2% more capital invested
Capital invested by funds: $103M → $105M (+$1.73M)
0.16% more ownership
Funds ownership: 17.36% → 17.52% (+0.16%)
3% less funds holding
Funds holding: 71 → 69 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$5.52M |
| 2 |
PAM
PT Asset Management
Chicago,
Illinois
|
+$1.37M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.21M |
| 4 |
B
Baird
Milwaukee,
Wisconsin
|
+$851K |
| 5 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$804K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.78M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.55M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.43M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.03M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$617K |
NMA Hedge Fund Activity: Q1 2015 in Review
69 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in NUVEEN MUNI ADVANTAGE FUND (NMA) for Q1 2015, worth a combined $105M — up 1.7% from $103M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NMA and 5 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 25 added.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $5.52M. The largest seller was Karpus Investment Management, cutting an estimated $5.78M.
- 69 institutional investors held NUVEEN MUNI ADVANTAGE FUND (NMA) as of Q1 2015, down from 71 in Q4 2014.
- Funds reported $105M of NUVEEN MUNI ADVANTAGE FUND stock for Q1 2015, up 1.7% quarter-over-quarter.
- 5 funds opened new NUVEEN MUNI ADVANTAGE FUND positions in Q1 2015 and 7 closed out, a net change of -2 holders.
- The largest NUVEEN MUNI ADVANTAGE FUND buyer in Q1 2015 was Mackay Shields LLC, an estimated $5.52M added.
- The largest NUVEEN MUNI ADVANTAGE FUND seller in Q1 2015 was Karpus Investment Management, an estimated $5.78M sold.
Based on aggregated 13F filings for Q1 2015.