NUVEEN N.Y. DIV ADV MUNI FD
NXK
NXK was delisted on the 5th of June, 2015.
21 hedge funds and large institutions have $17.9M invested in NUVEEN N.Y. DIV ADV MUNI FD in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
17% more funds holding
Funds holding: 18 → 21 (+3)
8% more capital invested
Capital invested by funds: $16.5M → $17.9M (+$1.36M)
2.02% more ownership
Funds ownership: 18.46% → 20.48% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$842K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$312K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$282K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$228K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$210K |
| 2 |
Citigroup
New York
|
-$68.6K |
| 3 |
HK
Horizon Kinetics
New York
|
-$38K |
| 4 |
Morgan Stanley
New York
|
-$16K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$11.5K |
NXK Hedge Fund Activity: Q3 2014 in Review
21 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in NUVEEN N.Y. DIV ADV MUNI FD (NXK) for Q3 2014, worth a combined $17.9M — up 8.2% from $16.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NXK positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $842K. The largest seller was Bank of America, cutting an estimated $210K.
- 21 institutional investors held NUVEEN N.Y. DIV ADV MUNI FD (NXK) as of Q3 2014, up from 18 in Q2 2014.
- Funds reported $17.9M of NUVEEN N.Y. DIV ADV MUNI FD stock for Q3 2014, up 8.2% quarter-over-quarter.
- 4 funds opened new NUVEEN N.Y. DIV ADV MUNI FD positions in Q3 2014 and 1 closed out, a net change of +3 holders.
- The largest NUVEEN N.Y. DIV ADV MUNI FD buyer in Q3 2014 was Tortoise Investment Management, an estimated $842K added.
- The largest NUVEEN N.Y. DIV ADV MUNI FD seller in Q3 2014 was Bank of America, an estimated $210K sold.
Based on aggregated 13F filings for Q3 2014.