Nuveen Select Tax-Free Income Portfolio
NXP
37 hedge funds and large institutions have $19.3M invested in Nuveen Select Tax-Free Income Portfolio in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
6% more funds holding
Funds holding: 35 → 37 (+2)
0.04% less ownership
Funds ownership: 8.51% → 8.46% (-0.04%)
3% less capital invested
Capital invested by funds: $19.8M → $19.3M (-$497K)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$455K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$238K |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$187K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$126K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$525K |
| 2 |
Morgan Stanley
New York
|
-$189K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$161K |
| 4 |
CWM
Concert Wealth Management
San Jose,
California
|
-$147K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$70.3K |
NXP Hedge Fund Activity: Q3 2014 in Review
37 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Tax-Free Income Portfolio (NXP) for Q3 2014, worth a combined $19.3M — down 2.5% from $19.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NXP positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $455K. The largest seller was Invesco, cutting an estimated $525K.
- 37 institutional investors held Nuveen Select Tax-Free Income Portfolio (NXP) as of Q3 2014, up from 35 in Q2 2014.
- Funds reported $19.3M of Nuveen Select Tax-Free Income Portfolio stock for Q3 2014, down 2.5% quarter-over-quarter.
- 5 funds opened new Nuveen Select Tax-Free Income Portfolio positions in Q3 2014 and 3 closed out, a net change of +2 holders.
- The largest Nuveen Select Tax-Free Income Portfolio buyer in Q3 2014 was Tortoise Investment Management, an estimated $455K added.
- The largest Nuveen Select Tax-Free Income Portfolio seller in Q3 2014 was Invesco, an estimated $525K sold.
Based on aggregated 13F filings for Q3 2014.