Nuveen Calif Div Muni
NVX
NVX was delisted on the 4th of November, 2016.
18 hedge funds and large institutions have $24.3M invested in Nuveen Calif Div Muni in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
14% more capital invested
Capital invested by funds: $21.3M → $24.3M (+$3.04M)
5% less funds holding
Funds holding: 19 → 18 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.45M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$784K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$426K |
| 4 |
Morgan Stanley
New York
|
+$98.5K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$44.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
-$624K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$289K |
| 3 |
Bank of New York Mellon
New York
|
-$179K |
| 4 |
LPL Financial
San Diego,
California
|
-$124K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$101K |
NVX Hedge Fund Activity: Q1 2016 in Review
18 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Nuveen Calif Div Muni (NVX) for Q1 2016, worth a combined $24.3M — up 14% from $21.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NVX and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 6 added.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $2.45M. The largest seller was IFP Advisors, exiting entirely with an estimated $624K sold.
- 18 institutional investors held Nuveen Calif Div Muni (NVX) as of Q1 2016, down from 19 in Q4 2015.
- Funds reported $24.3M of Nuveen Calif Div Muni stock for Q1 2016, up 14% quarter-over-quarter.
- 2 funds opened new Nuveen Calif Div Muni positions in Q1 2016 and 3 closed out, a net change of -1 holder.
- The largest Nuveen Calif Div Muni buyer in Q1 2016 was Ladenburg Thalmann Financial Services, an estimated $2.45M added.
- The largest Nuveen Calif Div Muni seller in Q1 2016 was IFP Advisors, an estimated $624K sold.
Based on aggregated 13F filings for Q1 2016.