NUVEEN PREMIUM INCM MUNI FD II
NPM
NPM was delisted on the 9th of September, 2016.
71 hedge funds and large institutions have $136M invested in NUVEEN PREMIUM INCM MUNI FD II in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 16 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
8% more capital invested
Capital invested by funds: $127M → $136M (+$9.64M)
11% less funds holding
Funds holding: 80 → 71 (-9)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.79M |
| 2 |
OHA
Oak Hill Advisors
New York
|
+$2.44M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.3M |
| 4 |
Cohen & Steers
New York
|
+$1.87M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.57M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$2.04M |
| 3 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$1.66M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$1.56M |
| 5 |
Barclays
London,
United Kingdom
|
-$1.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SG Americas Securities
New York
| – | -$716K | -57,046 | Closed |
|
|
PRCM
77
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$516K | -41,157 | Closed |
|
|
VKH
78
Virtu KCG Holdings
New York
| – | -$346K | -27,546 | Closed |
|
|
WAM
79
Weiss Asset Management
Boston,
Massachusetts
| – | -$232K | -18,523 | Closed |
|
80
Verition Fund Management
Greenwich,
Connecticut
| – | -$222K | -17,662 | Closed |
|
|
OC
81
Oppenheimer & Co
New York
| – | -$207K | -16,512 | Closed |
|
|
BCM
82
Brookstone Capital Management
Wheaton,
Illinois
| – | -$165K | -13,171 | Closed |
|
|
BTS
83
BB&T Securities
Richmond,
Virginia
| – | -$1.56M | -12,421 | Closed |
|
84
Jane Street
New York
| – | -$130K | -10,370 | Closed |
|
|
NPC
85
National Planning Corporation
El Segundo,
California
| – | -$127K | -10,130 | Closed |
|
|
PCM
86
Prelude Capital Management
New York
| – | -$66.4K | -4,999 | -100% |
|
|
PTCG
87
Pring Turner Capital Group
Alamo,
California
| – | -$60K | -4,800 | Closed |
|
|
TRCT
88
Tower Research Capital (TRC)
New York
| – | -$6K | -472 | Closed |
|
NPM Hedge Fund Activity: Q1 2014 in Review
71 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in NUVEEN PREMIUM INCM MUNI FD II (NPM) for Q1 2014, worth a combined $136M — up 7.6% from $127M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NPM and 7 opened new positions — a net loss of 9 holders — while 15 trimmed existing stakes and 24 added.
The largest buyer was Karpus Investment Management, adding an estimated $2.79M. The largest seller was LPL Financial, cutting an estimated $2.57M.
- 71 institutional investors held NUVEEN PREMIUM INCM MUNI FD II (NPM) as of Q1 2014, down from 80 in Q4 2013.
- Funds reported $136M of NUVEEN PREMIUM INCM MUNI FD II stock for Q1 2014, up 7.6% quarter-over-quarter.
- 7 funds opened new NUVEEN PREMIUM INCM MUNI FD II positions in Q1 2014 and 16 closed out, a net change of -9 holders.
- The largest NUVEEN PREMIUM INCM MUNI FD II buyer in Q1 2014 was Karpus Investment Management, an estimated $2.79M added.
- The largest NUVEEN PREMIUM INCM MUNI FD II seller in Q1 2014 was LPL Financial, an estimated $2.57M sold.
Based on aggregated 13F filings for Q1 2014.