NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2
NVY
NVY was delisted on the 7th of February, 2014.
17 hedge funds and large institutions have $3.51M invested in NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 in 2013 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 1 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
7% more capital invested
Capital invested by funds: $3.28M → $3.51M (+$226K)
6% less funds holding
Funds holding: 18 → 17 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$638K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$85.7K |
| 3 |
Morgan Stanley
New York
|
+$75.9K |
| 4 |
Citigroup
New York
|
+$24K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$8.85K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WB
WesBanco Bank
Wheeling,
West Virginia
|
-$249K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$117K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$24.2K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$9.68K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$2.42K |
NVY Hedge Fund Activity: Q3 2013 in Review
17 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 (NVY) for Q3 2013, worth a combined $3.51M — up 6.9% from $3.28M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of NVY and 0 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 7 added.
The largest buyer was Karpus Investment Management, adding an estimated $638K. The largest seller was WesBanco Bank, exiting entirely with an estimated $249K sold.
- 17 institutional investors held NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 (NVY) as of Q3 2013, down from 18 in Q2 2013.
- Funds reported $3.51M of NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 stock for Q3 2013, up 6.9% quarter-over-quarter.
- 0 funds opened new NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 positions in Q3 2013 and 1 closed out, a net change of -1 holder.
- The largest NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 buyer in Q3 2013 was Karpus Investment Management, an estimated $638K added.
- The largest NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 seller in Q3 2013 was WesBanco Bank, an estimated $249K sold.
Based on aggregated 13F filings for Q3 2013.