NUVEEN N.Y. DIV ADV MUNI FD
NXK
NXK was delisted on the 5th of June, 2015.
18 hedge funds and large institutions have $13.1M invested in NUVEEN N.Y. DIV ADV MUNI FD in 2013 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 1 closing their positions.
28% more capital invested
Capital invested by funds: $10.2M → $13.1M (+$2.84M)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
3.68% more ownership
Funds ownership: 12.45% → 16.13% (+3.7%)
0% more funds holding
Funds holding: 18 → 18 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$1.84M |
| 2 |
6CM
683 Capital Management
New York
|
+$1.04M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$352K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$275K |
| 5 |
Morgan Stanley
New York
|
+$90.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$311K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$215K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$46.3K |
| 4 |
HK
Horizon Kinetics
New York
|
-$24.9K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$20.1K |
NXK Hedge Fund Activity: Q4 2013 in Review
18 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in NUVEEN N.Y. DIV ADV MUNI FD (NXK) for Q4 2013, worth a combined $13.1M — up 28% from $10.2M a quarter earlier.
Fund positioning in NXK was balanced in Q4 2013: 1 fund opened new positions, 1 closed out, 7 added to existing stakes and 6 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $1.84M. The largest seller was TFS Capital, exiting entirely with an estimated $311K sold.
- 18 institutional investors held NUVEEN N.Y. DIV ADV MUNI FD (NXK) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $13.1M of NUVEEN N.Y. DIV ADV MUNI FD stock for Q4 2013, up 28% quarter-over-quarter.
- 1 fund opened new NUVEEN N.Y. DIV ADV MUNI FD positions in Q4 2013 and 1 closed out, a net change of 0 holders.
- The largest NUVEEN N.Y. DIV ADV MUNI FD buyer in Q4 2013 was Tortoise Investment Management, an estimated $1.84M added.
- The largest NUVEEN N.Y. DIV ADV MUNI FD seller in Q4 2013 was TFS Capital, an estimated $311K sold.
Based on aggregated 13F filings for Q4 2013.