NUVEEN PERFORMANCE+MUN FUND
NPP
NPP was delisted on the 9th of September, 2016.
63 hedge funds and large institutions have $118M invested in NUVEEN PERFORMANCE+MUN FUND in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 20 reducing their positions, and 8 closing their positions.
3% more capital invested
Capital invested by funds: $114M → $118M (+$3.44M)
9% less funds holding
Funds holding: 69 → 63 (-6)
15% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 20
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.98M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.35M |
| 3 |
Cohen & Steers
New York
|
+$358K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$232K |
| 5 |
HK
Horizon Kinetics
New York
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.66M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.31M |
| 3 |
Barclays
London,
United Kingdom
|
-$993K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$903K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$682K |
NPP Hedge Fund Activity: Q1 2014 in Review
63 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in NUVEEN PERFORMANCE+MUN FUND (NPP) for Q1 2014, worth a combined $118M — up 3% from $114M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NPP and 2 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 17 added.
The largest buyer was Morgan Stanley, adding an estimated $2.98M. The largest seller was Rivernorth Capital Management, cutting an estimated $4.66M.
- 63 institutional investors held NUVEEN PERFORMANCE+MUN FUND (NPP) as of Q1 2014, down from 69 in Q4 2013.
- Funds reported $118M of NUVEEN PERFORMANCE+MUN FUND stock for Q1 2014, up 3% quarter-over-quarter.
- 2 funds opened new NUVEEN PERFORMANCE+MUN FUND positions in Q1 2014 and 8 closed out, a net change of -6 holders.
- The largest NUVEEN PERFORMANCE+MUN FUND buyer in Q1 2014 was Morgan Stanley, an estimated $2.98M added.
- The largest NUVEEN PERFORMANCE+MUN FUND seller in Q1 2014 was Rivernorth Capital Management, an estimated $4.66M sold.
Based on aggregated 13F filings for Q1 2014.