NUVEEN N.Y. DIV ADV MUNI FD
NXK
NXK was delisted on the 5th of June, 2015.
24 hedge funds and large institutions have $18.8M invested in NUVEEN N.Y. DIV ADV MUNI FD in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
14% more funds holding
Funds holding: 21 → 24 (+3)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
5% more capital invested
Capital invested by funds: $17.9M → $18.8M (+$906K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
+$480K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$273K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$235K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$183K |
| 5 |
Morgan Stanley
New York
|
+$137K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$420K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$214K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$207K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$157K |
| 5 |
HK
Horizon Kinetics
New York
|
-$58.3K |
NXK Hedge Fund Activity: Q4 2014 in Review
24 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in NUVEEN N.Y. DIV ADV MUNI FD (NXK) for Q4 2014, worth a combined $18.8M — up 5.1% from $17.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NXK positions and 1 closed out — a net gain of 4 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was 683 Capital Management, adding an estimated $480K. The largest seller was Wells Fargo, cutting an estimated $420K.
- 24 institutional investors held NUVEEN N.Y. DIV ADV MUNI FD (NXK) as of Q4 2014, up from 21 in Q3 2014.
- Funds reported $18.8M of NUVEEN N.Y. DIV ADV MUNI FD stock for Q4 2014, up 5.1% quarter-over-quarter.
- 5 funds opened new NUVEEN N.Y. DIV ADV MUNI FD positions in Q4 2014 and 1 closed out, a net change of +4 holders.
- The largest NUVEEN N.Y. DIV ADV MUNI FD buyer in Q4 2014 was 683 Capital Management, an estimated $480K added.
- The largest NUVEEN N.Y. DIV ADV MUNI FD seller in Q4 2014 was Wells Fargo, an estimated $420K sold.
Based on aggregated 13F filings for Q4 2014.