NUVEEN N.Y. DIV ADV MUNI FD
NXK
NXK was delisted on the 5th of June, 2015.
17 hedge funds and large institutions have $14.6M invested in NUVEEN N.Y. DIV ADV MUNI FD in 2014 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 1 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
11% more capital invested
Capital invested by funds: $13.1M → $14.6M (+$1.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 18 → 17 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$1.29M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$56.6K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$21.7K |
| 4 |
Citigroup
New York
|
+$12.6K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$8.67K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$245K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$220K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$8.36K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4K |
| 5 |
Morgan Stanley
New York
|
-$3.88K |
NXK Hedge Fund Activity: Q1 2014 in Review
17 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in NUVEEN N.Y. DIV ADV MUNI FD (NXK) for Q1 2014, worth a combined $14.6M — up 11% from $13.1M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of NXK and 0 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 6 added.
The largest buyer was Tortoise Investment Management, adding an estimated $1.29M. The largest seller was Wolverine Asset Management, cutting an estimated $245K.
- 17 institutional investors held NUVEEN N.Y. DIV ADV MUNI FD (NXK) as of Q1 2014, down from 18 in Q4 2013.
- Funds reported $14.6M of NUVEEN N.Y. DIV ADV MUNI FD stock for Q1 2014, up 11% quarter-over-quarter.
- 0 funds opened new NUVEEN N.Y. DIV ADV MUNI FD positions in Q1 2014 and 1 closed out, a net change of -1 holder.
- The largest NUVEEN N.Y. DIV ADV MUNI FD buyer in Q1 2014 was Tortoise Investment Management, an estimated $1.29M added.
- The largest NUVEEN N.Y. DIV ADV MUNI FD seller in Q1 2014 was Wolverine Asset Management, an estimated $245K sold.
Based on aggregated 13F filings for Q1 2014.