NUVEEN PREMIUM INCM MUNI FD II
NPM
NPM was delisted on the 9th of September, 2016.
83 hedge funds and large institutions have $117M invested in NUVEEN PREMIUM INCM MUNI FD II in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
2% more funds holding
Funds holding: 81 → 83 (+2)
1.83% less ownership
Funds ownership: 12.49% → 10.67% (-1.8%)
11% less capital invested
Capital invested by funds: $131M → $117M (-$14.1M)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$4.41M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.04M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$861K |
| 4 |
Morgan Stanley
New York
|
+$823K |
| 5 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$742K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$15.2M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.56M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$2.56M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.34M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.93M |
NPM Hedge Fund Activity: Q2 2016 in Review
83 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in NUVEEN PREMIUM INCM MUNI FD II (NPM) for Q2 2016, worth a combined $117M — down 11% from $131M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NPM positions and 14 closed out — a net gain of 3 holders — while 19 added to existing stakes and 22 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $4.41M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $15.2M sold.
- 83 institutional investors held NUVEEN PREMIUM INCM MUNI FD II (NPM) as of Q2 2016, up from 81 in Q1 2016.
- Funds reported $117M of NUVEEN PREMIUM INCM MUNI FD II stock for Q2 2016, down 11% quarter-over-quarter.
- 17 funds opened new NUVEEN PREMIUM INCM MUNI FD II positions in Q2 2016 and 14 closed out, a net change of +3 holders.
- The largest NUVEEN PREMIUM INCM MUNI FD II buyer in Q2 2016 was Robinson Capital Management, an estimated $4.41M added.
- The largest NUVEEN PREMIUM INCM MUNI FD II seller in Q2 2016 was Parametric Portfolio Associates, an estimated $15.2M sold.
Based on aggregated 13F filings for Q2 2016.