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Nuveen Select Tax-Free Income Portfolio

36 hedge funds and large institutions have $13.2M invested in Nuveen Select Tax-Free Income Portfolio in 2013 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more capital invested

Capital invested by funds: $10M → $13.2M (+$3.13M)

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

6% more funds holding

Funds holding: 3436 (+2)

1.61% more ownership

Funds ownership: 4.48%6.09% (+1.6%)

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

Holders
36
Holders Change
+2
Holders Change %
+5.88%
% of All Funds
1.17%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
8
Reduced
8
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$3.18M +$997K +77,209 +46%
Invesco
2
Invesco
Georgia
$1.45M +$900K +69,725 +167%
U
3
UBS
Switzerland
$1.29M +$715K +55,420 +128%
LPL Financial
4
LPL Financial
California
$894K -$32.9K -2,549 -3%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$729K +$248K +19,194 +52%
Bank of America
6
Bank of America
North Carolina
$677K +$224K +17,367 +50%
Goldman Sachs
7
Goldman Sachs
New York
$533K +$527K +40,843 New
FNBTCON
8
First National Bank & Trust Co of Newtown
Pennsylvania
$490K -$56.8K -4,400 -10%
Wells Fargo
9
Wells Fargo
California
$463K -$133K -10,338 -23%
Luther King Capital Management (LKCM)
10
Luther King Capital Management (LKCM)
Texas
$407K
CWM
11
Concert Wealth Management
California
$341K +$6.46K +500 +2%
OA
12
Oxbow Advisors
Texas
$283K +$280K +21,668 New
WAM
13
Wolverine Asset Management
Illinois
$269K -$483K -37,399 -64%
ASA
14
Armstrong Shaw Associates
Connecticut
$261K
PPA
15
Parametric Portfolio Associates
Washington
$203K +$201K +15,555 New
DS
16
DRW Securities
Illinois
$197K +$193K +14,943 New
UCFA
17
United Capital Financial Advisors
Texas
$184K -$45.8K -3,545 -20%
B
18
Baird
Wisconsin
$178K +$176K +13,666 New
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$177K
RCYC
20
Richard C. Young & Co
Rhode Island
$173K +$171K +13,280 New
VanEck Associates
21
VanEck Associates
New York
$161K +$10.7K +832 +7%
KIM
22
Karpus Investment Management
New York
$158K +$156K +12,119 New
GC
23
Guggenheim Capital
Illinois
$141K +$139K +10,782 New
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$95K +$70.4K +5,450 +303%
TSW
25
Thompson Siegel & Walmsley
Virginia
$40K

NXP Hedge Fund Activity: Q3 2013 in Review

36 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Tax-Free Income Portfolio (NXP) for Q3 2013, worth a combined $13.2M — up 31% from $10M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new NXP positions and 9 closed out — a net gain of 2 holders — while 8 added to existing stakes and 8 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $997K. The largest seller was Wolverine Asset Management, cutting an estimated $483K.

  • 36 institutional investors held Nuveen Select Tax-Free Income Portfolio (NXP) as of Q3 2013, up from 34 in Q2 2013.
  • Funds reported $13.2M of Nuveen Select Tax-Free Income Portfolio stock for Q3 2013, up 31% quarter-over-quarter.
  • 11 funds opened new Nuveen Select Tax-Free Income Portfolio positions in Q3 2013 and 9 closed out, a net change of +2 holders.
  • The largest Nuveen Select Tax-Free Income Portfolio buyer in Q3 2013 was Morgan Stanley, an estimated $997K added.
  • The largest Nuveen Select Tax-Free Income Portfolio seller in Q3 2013 was Wolverine Asset Management, an estimated $483K sold.

Based on aggregated 13F filings for Q3 2013.