NUVEEN MUNI ADVANTAGE FUND
NMA
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.
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: 68 → 72 (+4)
3.85% more ownership
Funds ownership: 18.42% → 22.27% (+3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$4.29M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.49M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.1M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$625K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$573K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$1.32M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$870K |
| 3 |
LSA
Liberty Street Advisors
New York
|
-$799K |
| 4 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$614K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$442K |
NMA Hedge Fund Activity: Q4 2015 in Review
72 of the 3,824 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.