NUVEEN PERFORMANCE+MUN FUND
NPP
NPP was delisted on the 9th of September, 2016.
72 hedge funds and large institutions have $98.2M invested in NUVEEN PERFORMANCE+MUN FUND in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 18 reducing their positions, and 12 closing their positions.
2% more capital invested
Capital invested by funds: $96.6M → $98.2M (+$1.61M)
0% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 18
8% less funds holding
Funds holding: 78 → 72 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.48M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.87M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.09M |
| 4 |
HK
Horizon Kinetics
New York
|
+$1.07M |
| 5 |
VanEck Associates
New York
|
+$600K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$3.87M |
| 2 |
Morgan Stanley
New York
|
-$3.23M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.71M |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.52M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
76
Landscape Capital Management
Englewood,
New Jersey
| – | -$365K | -24,379 | Closed |
|
|
AA
77
AQR Arbitrage
Greenwich,
Connecticut
| – | -$200K | -13,387 | Closed |
|
|
LCM
78
Laurion Capital Management
New York
| – | -$182K | -12,185 | Closed |
|
|
IA
79
IFP Advisors
Tampa,
Florida
| – | -$176K | -11,750 | Closed |
|
|
VKH
80
Virtu KCG Holdings
New York
| – | -$154K | -10,270 | Closed |
|
81
SG Americas Securities
New York
| – | -$150K | -10,049 | Closed |
|
|
IP
82
Isthmus Partners
Madison,
Wisconsin
| – | -$4K | -265 | Closed |
|
|
AIA
83
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$3K | -197 | Closed |
|
NPP Hedge Fund Activity: Q1 2016 in Review
72 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in NUVEEN PERFORMANCE+MUN FUND (NPP) for Q1 2016, worth a combined $98.2M — up 1.7% from $96.6M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NPP and 6 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 18 added.
The largest buyer was UBS Group, adding an estimated $3.48M. The largest seller was Mackay Shields LLC, exiting entirely with an estimated $3.87M sold.
- 72 institutional investors held NUVEEN PERFORMANCE+MUN FUND (NPP) as of Q1 2016, down from 78 in Q4 2015.
- Funds reported $98.2M of NUVEEN PERFORMANCE+MUN FUND stock for Q1 2016, up 1.7% quarter-over-quarter.
- 6 funds opened new NUVEEN PERFORMANCE+MUN FUND positions in Q1 2016 and 12 closed out, a net change of -6 holders.
- The largest NUVEEN PERFORMANCE+MUN FUND buyer in Q1 2016 was UBS Group, an estimated $3.48M added.
- The largest NUVEEN PERFORMANCE+MUN FUND seller in Q1 2016 was Mackay Shields LLC, an estimated $3.87M sold.
Based on aggregated 13F filings for Q1 2016.