NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2
NVY
NVY was delisted on the 7th of February, 2014.
18 hedge funds and large institutions have $3.89M invested in NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
11% more capital invested
Capital invested by funds: $3.51M → $3.89M (+$379K)
6% more funds holding
Funds holding: 17 → 18 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$281K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$232K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$124K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$109K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$98K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$440K |
| 2 |
CIA
Covington Investment Advisors
Ligonier,
Pennsylvania
|
-$121K |
| 3 |
M&T Bank
Buffalo,
New York
|
-$36K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$32.1K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.9K |
NVY Hedge Fund Activity: Q4 2013 in Review
18 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 (NVY) for Q4 2013, worth a combined $3.89M — up 11% from $3.51M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NVY positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 5 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $281K. The largest seller was Morgan Stanley, cutting an estimated $440K.
- 18 institutional investors held NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 (NVY) as of Q4 2013, up from 17 in Q3 2013.
- Funds reported $3.89M of NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 stock for Q4 2013, up 11% quarter-over-quarter.
- 3 funds opened new NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 positions in Q4 2013 and 2 closed out, a net change of +1 holder.
- The largest NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 buyer in Q4 2013 was PNC Financial Services Group, an estimated $281K added.
- The largest NUVEEN PENNSYLVANIA DIV ADVTG MUNI FD 2 seller in Q4 2013 was Morgan Stanley, an estimated $440K sold.
Based on aggregated 13F filings for Q4 2013.