NUVEEN (PA)PREM INCM MUNI FD-2
NPY
NPY was delisted on the 7th of February, 2014.
32 hedge funds and large institutions have $12.4M invested in NUVEEN (PA)PREM INCM MUNI FD-2 in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 5 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
26% more capital invested
Capital invested by funds: $9.85M → $12.4M (+$2.52M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 31 → 32 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HS
HighVista Strategies
Boston,
Massachusetts
|
+$902K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$610K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$604K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$433K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$418K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$260K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$225K |
| 3 |
Morgan Stanley
New York
|
-$185K |
| 4 |
CAG
Crestwood Advisors Group
Boston,
Massachusetts
|
-$132K |
| 5 |
Bank of New York Mellon
New York
|
-$128K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARMC
26
American Research & Management Company
Marion,
Massachusetts
| $28K | – | – | – |
|
27
US Bancorp
Minneapolis,
Minnesota
| $27K | – | – | – |
|
|
AIG
28
American International Group
New York
| $26.2K | – | – | – |
|
|
LFR
29
Lehman Financial Resources
Media,
Pennsylvania
| $18K | – | – | – |
|
30
Citigroup
New York
| $15K | +$15.1K | +1,258 | New |
|
|
U
31
UBS
Zurich,
Switzerland
| $12K | +$11.7K | +974 | New |
|
|
RJA
32
Raymond James & Associates
St Petersburg,
Florida
| – | -$225K | -18,336 | Closed |
|
|
CAG
33
Crestwood Advisors Group
Boston,
Massachusetts
| – | -$132K | -10,781 | Closed |
|
|
34
Bank of New York Mellon
New York
| – | -$128K | -10,441 | Closed |
|
|
PP
35
Palladium Partners
Norfolk,
Virginia
| – | -$9K | -700 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$2K | -172 | Closed |
|
NPY Hedge Fund Activity: Q4 2013 in Review
32 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in NUVEEN (PA)PREM INCM MUNI FD-2 (NPY) for Q4 2013, worth a combined $12.4M — up 26% from $9.85M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NPY positions and 5 closed out — a net gain of 1 holder — while 11 added to existing stakes and 7 trimmed.
The largest buyer was HighVista Strategies, opening a new position worth an estimated $902K. The largest seller was Deutsche Bank, cutting an estimated $260K.
- 32 institutional investors held NUVEEN (PA)PREM INCM MUNI FD-2 (NPY) as of Q4 2013, up from 31 in Q3 2013.
- Funds reported $12.4M of NUVEEN (PA)PREM INCM MUNI FD-2 stock for Q4 2013, up 26% quarter-over-quarter.
- 6 funds opened new NUVEEN (PA)PREM INCM MUNI FD-2 positions in Q4 2013 and 5 closed out, a net change of +1 holder.
- The largest NUVEEN (PA)PREM INCM MUNI FD-2 buyer in Q4 2013 was HighVista Strategies, an estimated $902K added.
- The largest NUVEEN (PA)PREM INCM MUNI FD-2 seller in Q4 2013 was Deutsche Bank, an estimated $260K sold.
Based on aggregated 13F filings for Q4 2013.