NUVEEN PERFORMANCE+MUN FUND
NPP
NPP was delisted on the 9th of September, 2016.
78 hedge funds and large institutions have $96.6M invested in NUVEEN PERFORMANCE+MUN FUND in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 12 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
2% more capital invested
Capital invested by funds: $94.3M → $96.6M (+$2.31M)
4% less funds holding
Funds holding: 81 → 78 (-3)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.6M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$1.84M |
| 3 |
LPL Financial
San Diego,
California
|
+$788K |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
+$648K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$587K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSA
Liberty Street Advisors
New York
|
-$2.05M |
| 2 |
Morgan Stanley
New York
|
-$1.92M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.52M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.33M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$809K |
NPP Hedge Fund Activity: Q4 2015 in Review
78 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in NUVEEN PERFORMANCE+MUN FUND (NPP) for Q4 2015, worth a combined $96.6M — up 2.4% from $94.3M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NPP and 9 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 23 added.
The largest buyer was Bank of America, adding an estimated $2.6M. The largest seller was Liberty Street Advisors, exiting entirely with an estimated $2.05M sold.
- 78 institutional investors held NUVEEN PERFORMANCE+MUN FUND (NPP) as of Q4 2015, down from 81 in Q3 2015.
- Funds reported $96.6M of NUVEEN PERFORMANCE+MUN FUND stock for Q4 2015, up 2.4% quarter-over-quarter.
- 9 funds opened new NUVEEN PERFORMANCE+MUN FUND positions in Q4 2015 and 12 closed out, a net change of -3 holders.
- The largest NUVEEN PERFORMANCE+MUN FUND buyer in Q4 2015 was Bank of America, an estimated $2.6M added.
- The largest NUVEEN PERFORMANCE+MUN FUND seller in Q4 2015 was Liberty Street Advisors, an estimated $2.05M sold.
Based on aggregated 13F filings for Q4 2015.