NUVEEN (NJ)PREM INCM MUNI FUND
NNJ
NNJ was delisted on the 7th of November, 2014.
26 hedge funds and large institutions have $13.4M invested in NUVEEN (NJ)PREM INCM MUNI FUND in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
8% more funds holding
Funds holding: 24 → 26 (+2)
5% more capital invested
Capital invested by funds: $12.8M → $13.4M (+$618K)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$362K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$294K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$206K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$197K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$266K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$176K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$108K |
| 4 |
Morgan Stanley
New York
|
-$73K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$63.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $4K | -$8.79K | -637 | -69% |
|
|
27
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$176K | -12,428 | Closed |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$22K | -1,555 | Closed |
|
NNJ Hedge Fund Activity: Q3 2014 in Review
26 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in NUVEEN (NJ)PREM INCM MUNI FUND (NNJ) for Q3 2014, worth a combined $13.4M — up 4.8% from $12.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NNJ positions and 2 closed out — a net gain of 2 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Doliver Advisors, adding an estimated $362K. The largest seller was B. Riley Wealth Advisors, cutting an estimated $266K.
- 26 institutional investors held NUVEEN (NJ)PREM INCM MUNI FUND (NNJ) as of Q3 2014, up from 24 in Q2 2014.
- Funds reported $13.4M of NUVEEN (NJ)PREM INCM MUNI FUND stock for Q3 2014, up 4.8% quarter-over-quarter.
- 4 funds opened new NUVEEN (NJ)PREM INCM MUNI FUND positions in Q3 2014 and 2 closed out, a net change of +2 holders.
- The largest NUVEEN (NJ)PREM INCM MUNI FUND buyer in Q3 2014 was Doliver Advisors, an estimated $362K added.
- The largest NUVEEN (NJ)PREM INCM MUNI FUND seller in Q3 2014 was B. Riley Wealth Advisors, an estimated $266K sold.
Based on aggregated 13F filings for Q3 2014.