NUVEEN PERFORMANCE+MUN FUND
NPP
NPP was delisted on the 9th of September, 2016.
69 hedge funds and large institutions have $114M invested in NUVEEN PERFORMANCE+MUN FUND in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 20 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
7% more capital invested
Capital invested by funds: $106M → $114M (+$7.97M)
5% more funds holding
Funds holding: 66 → 69 (+3)
5% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
V
Veritable
Wilmington,
Delaware
|
+$8.22M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$3.03M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
+$2.45M |
| 4 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$1.75M |
| 5 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.16M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.35M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.32M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$885K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$855K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$54K | -4,000 | Closed |
|
77
Ameriprise
Minneapolis,
Minnesota
| – | -$20K | -1,500 | Closed |
|
|
AIG
78
American International Group
New York
| – | -$5.05K | -374 | Closed |
|
NPP Hedge Fund Activity: Q4 2013 in Review
69 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in NUVEEN PERFORMANCE+MUN FUND (NPP) for Q4 2013, worth a combined $114M — up 7.5% from $106M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NPP positions and 10 closed out — a net gain of 5 holders — while 19 added to existing stakes and 20 trimmed.
The largest buyer was Veritable, adding an estimated $8.22M. The largest seller was Morgan Stanley, cutting an estimated $7.16M.
- 69 institutional investors held NUVEEN PERFORMANCE+MUN FUND (NPP) as of Q4 2013, up from 66 in Q3 2013.
- Funds reported $114M of NUVEEN PERFORMANCE+MUN FUND stock for Q4 2013, up 7.5% quarter-over-quarter.
- 15 funds opened new NUVEEN PERFORMANCE+MUN FUND positions in Q4 2013 and 10 closed out, a net change of +5 holders.
- The largest NUVEEN PERFORMANCE+MUN FUND buyer in Q4 2013 was Veritable, an estimated $8.22M added.
- The largest NUVEEN PERFORMANCE+MUN FUND seller in Q4 2013 was Morgan Stanley, an estimated $7.16M sold.
Based on aggregated 13F filings for Q4 2013.