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NMA

NUVEEN MUNI ADVANTAGE FUND
NMA

Delisted

NMA was delisted on the 8th of April, 2016.

68 hedge funds and large institutions have $107M invested in NUVEEN MUNI ADVANTAGE FUND in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $102M → $107M (+$5.13M)

3% less funds holding

Funds holding: 7068 (-2)

10% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 20

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
68
Holders Change
-2
Holders Change %
-2.86%
% of All Funds
1.9%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
8
Increased
18
Reduced
20
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$17.9M +$3.09M +234,765 +21%
1CP
2
1607 Capital Partners
Virginia
$15.9M +$1.81M +137,700 +13%
RCM
3
Rivernorth Capital Management
Florida
$11.3M +$9.22K +700 +0.1%
MGAM
4
McGowan Group Asset Management
Texas
$7.12M -$174K -13,213 -2%
MSL
5
Mackay Shields LLC
New York
$5.29M
GC
6
Guggenheim Capital
Illinois
$4.44M -$254K -19,253 -5%
Morgan Stanley
7
Morgan Stanley
New York
$4.19M +$21.5K +1,630 +0.5%
OHA
8
Oak Hill Advisors
New York
$3.87M
SCA
9
Samson Capital Advisors
New York
$3.87M +$3.83M +290,518 New
PPA
10
Parametric Portfolio Associates
Washington
$3.86M +$248K +18,789 +7%
Baird Financial Group
11
Baird Financial Group
Wisconsin
$3.4M -$242K -18,343 -7%
Wells Fargo
12
Wells Fargo
California
$3.21M +$1.49M +113,353 +88%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$2.17M +$177K +13,460 +9%
JWA
14
JFS Wealth Advisors
Pennsylvania
$1.59M +$23.3K +1,768 +1%
WKWM
15
Walter & Keenan Wealth Management
Indiana
$1.53M +$52.7K +4,000 +4%
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$1.48M
UBS Group
17
UBS Group
Switzerland
$1.45M -$251K -19,024 -15%
NCM
18
Narwhal Capital Management
Georgia
$1.17M -$1.87K -142 -0.2%
AA
19
AQR Arbitrage
Connecticut
$884K -$76.3K -5,789 -8%
Invesco
20
Invesco
Georgia
$870K -$1.23M -93,645 -59%
VanEck Associates
21
VanEck Associates
New York
$838K +$57K +4,330 +7%
Bank of America
22
Bank of America
North Carolina
$836K -$38.6K -2,933 -4%
NPC
23
National Planning Corporation
California
$801K
LSA
24
Liberty Street Advisors
New York
$799K +$356K +26,993 +82%
GEM
25
Global Endowment Management
North Carolina
$673K -$1.7M -128,746 -72%

NMA Hedge Fund Activity: Q3 2015 in Review

68 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in NUVEEN MUNI ADVANTAGE FUND (NMA) for Q3 2015, worth a combined $107M — up 5% from $102M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of NMA and 8 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 18 added.

The largest buyer was Samson Capital Advisors, opening a new position worth an estimated $3.83M. The largest seller was PT Asset Management, exiting entirely with an estimated $3.29M sold.

  • 68 institutional investors held NUVEEN MUNI ADVANTAGE FUND (NMA) as of Q3 2015, down from 70 in Q2 2015.
  • Funds reported $107M of NUVEEN MUNI ADVANTAGE FUND stock for Q3 2015, up 5% quarter-over-quarter.
  • 8 funds opened new NUVEEN MUNI ADVANTAGE FUND positions in Q3 2015 and 10 closed out, a net change of -2 holders.
  • The largest NUVEEN MUNI ADVANTAGE FUND buyer in Q3 2015 was Samson Capital Advisors, an estimated $3.83M added.
  • The largest NUVEEN MUNI ADVANTAGE FUND seller in Q3 2015 was PT Asset Management, an estimated $3.29M sold.

Based on aggregated 13F filings for Q3 2015.