NUVEEN N.Y. DIV ADV MUNI FD
NXK
NXK was delisted on the 5th of June, 2015.
22 hedge funds and large institutions have $20M invested in NUVEEN N.Y. DIV ADV MUNI FD in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 3 closing their positions.
7% more capital invested
Capital invested by funds: $18.8M → $20M (+$1.22M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 24 → 22 (-2)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.36M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$335K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$81K |
| 4 |
6CM
683 Capital Management
New York
|
+$67.5K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$64.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$448K |
| 2 |
Morgan Stanley
New York
|
-$311K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$228K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$184K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$114K |
NXK Hedge Fund Activity: Q1 2015 in Review
22 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in NUVEEN N.Y. DIV ADV MUNI FD (NXK) for Q1 2015, worth a combined $20M — up 6.5% from $18.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NXK and 1 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.36M. The largest seller was Wolverine Asset Management, cutting an estimated $448K.
- 22 institutional investors held NUVEEN N.Y. DIV ADV MUNI FD (NXK) as of Q1 2015, down from 24 in Q4 2014.
- Funds reported $20M of NUVEEN N.Y. DIV ADV MUNI FD stock for Q1 2015, up 6.5% quarter-over-quarter.
- 1 fund opened new NUVEEN N.Y. DIV ADV MUNI FD positions in Q1 2015 and 3 closed out, a net change of -2 holders.
- The largest NUVEEN N.Y. DIV ADV MUNI FD buyer in Q1 2015 was Karpus Investment Management, an estimated $1.36M added.
- The largest NUVEEN N.Y. DIV ADV MUNI FD seller in Q1 2015 was Wolverine Asset Management, an estimated $448K sold.
Based on aggregated 13F filings for Q1 2015.