Nuveen Select Tax-Free Income Portfolio
NXP
42 hedge funds and large institutions have $22M invested in Nuveen Select Tax-Free Income Portfolio in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 3 closing their positions.
0.81% less ownership
Funds ownership: 9.74% → 8.93% (-0.81%)
4% less capital invested
Capital invested by funds: $23M → $22M (-$1.03M)
2% less funds holding
Funds holding: 43 → 42 (-1)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$226K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$183K |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$183K |
| 4 |
VanEck Associates
New York
|
+$144K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.16M |
| 2 |
LPL Financial
San Diego,
California
|
-$352K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$310K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$215K |
| 5 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
-$206K |
NXP Hedge Fund Activity: Q1 2016 in Review
42 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Tax-Free Income Portfolio (NXP) for Q1 2016, worth a combined $22M — down 4.5% from $23M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NXP and 2 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 11 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $226K. The largest seller was Morgan Stanley, cutting an estimated $1.16M.
- 42 institutional investors held Nuveen Select Tax-Free Income Portfolio (NXP) as of Q1 2016, down from 43 in Q4 2015.
- Funds reported $22M of Nuveen Select Tax-Free Income Portfolio stock for Q1 2016, down 4.5% quarter-over-quarter.
- 2 funds opened new Nuveen Select Tax-Free Income Portfolio positions in Q1 2016 and 3 closed out, a net change of -1 holder.
- The largest Nuveen Select Tax-Free Income Portfolio buyer in Q1 2016 was HighTower Advisors, an estimated $226K added.
- The largest Nuveen Select Tax-Free Income Portfolio seller in Q1 2016 was Morgan Stanley, an estimated $1.16M sold.
Based on aggregated 13F filings for Q1 2016.