NUVEEN PERFORMANCE+MUN FUND
NPP
NPP was delisted on the 9th of September, 2016.
72 hedge funds and large institutions have $109M invested in NUVEEN PERFORMANCE+MUN FUND in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
11% more capital invested
Capital invested by funds: $98.2M → $109M (+$10.9M)
0% more funds holding
Funds holding: 72 → 72 (0)
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$9.65M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.17M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$692K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$651K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$500K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.99M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.21M |
| 3 |
LPL Financial
San Diego,
California
|
-$1,000K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$637K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$625K |
NPP Hedge Fund Activity: Q2 2016 in Review
72 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in NUVEEN PERFORMANCE+MUN FUND (NPP) for Q2 2016, worth a combined $109M — up 11% from $98.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NPP positions and 8 closed out — a net gain of 1 holder — while 15 added to existing stakes and 19 trimmed.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $9.65M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $3.99M sold.
- 72 institutional investors held NUVEEN PERFORMANCE+MUN FUND (NPP) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $109M of NUVEEN PERFORMANCE+MUN FUND stock for Q2 2016, up 11% quarter-over-quarter.
- 9 funds opened new NUVEEN PERFORMANCE+MUN FUND positions in Q2 2016 and 8 closed out, a net change of +1 holder.
- The largest NUVEEN PERFORMANCE+MUN FUND buyer in Q2 2016 was Mackay Shields LLC, an estimated $9.65M added.
- The largest NUVEEN PERFORMANCE+MUN FUND seller in Q2 2016 was Parametric Portfolio Associates, an estimated $3.99M sold.
Based on aggregated 13F filings for Q2 2016.