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NMA

NUVEEN MUNI ADVANTAGE FUND
NMA

Delisted

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

72 hedge funds and large institutions have $121M invested in NUVEEN MUNI ADVANTAGE FUND in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 13 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 13

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

14% more capital invested

Capital invested by funds: $107M → $121M (+$14.5M)

6% more funds holding

Funds holding: 6872 (+4)

Holders
72
Holders Change
+4
Holders Change %
+5.88%
% of All Funds
1.89%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
11
Increased
26
Reduced
13
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$22.3M +$3.49M +259,651 +19%
1CP
2
1607 Capital Partners
Virginia
$16.9M +$382K +28,400 +2%
RCM
3
Rivernorth Capital Management
Florida
$11.8M
MGAM
4
McGowan Group Asset Management
Texas
$7.13M -$268K -19,950 -4%
Wells Fargo
5
Wells Fargo
California
$6.54M +$3.1M +230,710 +96%
PPA
6
Parametric Portfolio Associates
Washington
$4.58M +$538K +40,019 +14%
Morgan Stanley
7
Morgan Stanley
New York
$4.46M +$96.7K +7,189 +2%
Fiera Capital (Canada)
8
Fiera Capital (Canada)
Quebec, Canada
$4.42M +$4.29M +319,083 New
GC
9
Guggenheim Capital
Illinois
$4.16M -$442K -32,883 -10%
MSL
10
Mackay Shields LLC
New York
$4.15M -$1.32M -98,067 -25%
OHA
11
Oak Hill Advisors
New York
$4.03M
Baird Financial Group
12
Baird Financial Group
Wisconsin
$3.44M -$93.3K -6,934 -3%
RCM
13
Robinson Capital Management
Michigan
$2.63M +$2.55M +189,544 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$2.29M +$28.3K +2,103 +1%
JWA
15
JFS Wealth Advisors
Pennsylvania
$1.68M +$23.8K +1,768 +1%
UBS Group
16
UBS Group
Switzerland
$1.66M +$149K +11,102 +10%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$1.54M
WKWM
18
Walter & Keenan Wealth Management
Indiana
$1.31M -$276K -20,500 -18%
LCM
19
Landscape Capital Management
New Jersey
$1.16M +$573K +42,571 +103%
NCM
20
Narwhal Capital Management
Georgia
$1.07M -$144K -10,737 -12%
VanEck Associates
21
VanEck Associates
New York
$1.06M +$186K +13,845 +22%
AAM
22
Advisors Asset Management
Colorado
$1.06M +$625K +46,453 +153%
Bank of America
23
Bank of America
North Carolina
$948K +$75.4K +5,603 +9%
NPC
24
National Planning Corporation
California
$840K
AA
25
AQR Arbitrage
Connecticut
$792K -$125K -9,269 -14%

NMA Hedge Fund Activity: Q4 2015 in Review

72 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in NUVEEN MUNI ADVANTAGE FUND (NMA) for Q4 2015, worth a combined $121M — up 14% from $107M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new NMA positions and 6 closed out — a net gain of 5 holders — while 26 added to existing stakes and 13 trimmed.

The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $4.29M. The largest seller was Mackay Shields LLC, cutting an estimated $1.32M.

  • 72 institutional investors held NUVEEN MUNI ADVANTAGE FUND (NMA) as of Q4 2015, up from 68 in Q3 2015.
  • Funds reported $121M of NUVEEN MUNI ADVANTAGE FUND stock for Q4 2015, up 14% quarter-over-quarter.
  • 11 funds opened new NUVEEN MUNI ADVANTAGE FUND positions in Q4 2015 and 6 closed out, a net change of +5 holders.
  • The largest NUVEEN MUNI ADVANTAGE FUND buyer in Q4 2015 was Fiera Capital (Canada), an estimated $4.29M added.
  • The largest NUVEEN MUNI ADVANTAGE FUND seller in Q4 2015 was Mackay Shields LLC, an estimated $1.32M sold.

Based on aggregated 13F filings for Q4 2015.