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NXK

NUVEEN N.Y. DIV ADV MUNI FD
NXK

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 11 (0)

8% less funds holding

Funds holding: 2422 (-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

Holders
22
Holders Change
-2
Holders Change %
-8.33%
% of All Funds
0.59%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
1
Increased
7
Reduced
8
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TIM
1
Tortoise Investment Management
New York
$11M +$44.7K +3,312 +0.4%
GC
2
Guggenheim Capital
Illinois
$1.95M +$64.1K +4,747 +3%
6CM
3
683 Capital Management
New York
$1.76M +$67.5K +5,000 +4%
KIM
4
Karpus Investment Management
New York
$1.58M +$1.36M +101,077 +656%
Lazard Asset Management
5
Lazard Asset Management
New York
$613K
TCM
6
TAM Capital Management
Connecticut
$506K -$58.3K -4,316 -11%
DA
7
Doliver Advisors
Texas
$427K -$114K -8,409 -21%
HighTower Advisors
8
HighTower Advisors
Illinois
$412K +$81K +6,000 +25%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$335K +$335K +24,844 New
WAM
10
Wolverine Asset Management
Illinois
$236K -$448K -33,182 -66%
Goldman Sachs
11
Goldman Sachs
New York
$199K
Bank of America
12
Bank of America
North Carolina
$164K +$2.02K +150 +1%
HK
13
Horizon Kinetics
New York
$156K -$13.5K -1,000 -8%
Morgan Stanley
14
Morgan Stanley
New York
$152K -$311K -23,058 -67%
UBS Group
15
UBS Group
Switzerland
$134K +$54 +4 +0%
Invesco
16
Invesco
Georgia
$129K -$17.9K -1,328 -12%
Wells Fargo
17
Wells Fargo
California
$111K -$14 -1 -0%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$64K
PSC
19
Prentiss Smith & Co
Vermont
$38K
Creative Planning
20
Creative Planning
Kansas
$18K
AIG
21
American International Group
New York
$18K
Citigroup
22
Citigroup
New York
$14K -$10.3K -761 -43%
MFS
23
MSI Financial Services
Massachusetts
$14K
LCM
24
Landscape Capital Management
New Jersey
-$228K -17,205 Closed
MIG
25
Mariner Investment Group
New York
-$184K -13,900 Closed

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.