NUVEEN N.Y. DIV ADV MUNI FD
NXK
NXK was delisted on the 5th of June, 2015.
18 hedge funds and large institutions have $10.2M invested in NUVEEN N.Y. DIV ADV MUNI FD in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
20% more funds holding
Funds holding: 15 → 18 (+3)
15% more capital invested
Capital invested by funds: $8.94M → $10.2M (+$1.31M)
2.55% more ownership
Funds ownership: 9.9% → 12.45% (+2.5%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$2.23M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$314K |
| 3 |
Goldman Sachs
New York
|
+$188K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$68.3K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$60.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$472K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$165K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$125K |
| 4 |
HK
Horizon Kinetics
New York
|
-$64.1K |
| 5 |
Morgan Stanley
New York
|
-$16.3K |
NXK Hedge Fund Activity: Q3 2013 in Review
18 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in NUVEEN N.Y. DIV ADV MUNI FD (NXK) for Q3 2013, worth a combined $10.2M — up 15% from $8.94M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NXK positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $2.23M. The largest seller was Nomura Holdings, exiting entirely with an estimated $472K sold.
- 18 institutional investors held NUVEEN N.Y. DIV ADV MUNI FD (NXK) as of Q3 2013, up from 15 in Q2 2013.
- Funds reported $10.2M of NUVEEN N.Y. DIV ADV MUNI FD stock for Q3 2013, up 15% quarter-over-quarter.
- 4 funds opened new NUVEEN N.Y. DIV ADV MUNI FD positions in Q3 2013 and 1 closed out, a net change of +3 holders.
- The largest NUVEEN N.Y. DIV ADV MUNI FD buyer in Q3 2013 was Tortoise Investment Management, an estimated $2.23M added.
- The largest NUVEEN N.Y. DIV ADV MUNI FD seller in Q3 2013 was Nomura Holdings, an estimated $472K sold.
Based on aggregated 13F filings for Q3 2013.