Nuveen Select Tax-Free Income Portfolio
NXP
39 hedge funds and large institutions have $21.3M invested in Nuveen Select Tax-Free Income Portfolio in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 9 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
0.62% less ownership
Funds ownership: 8.93% → 8.3% (-0.62%)
3% less capital invested
Capital invested by funds: $22M → $21.3M (-$668K)
7% less funds holding
Funds holding: 42 → 39 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.01M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$337K |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$332K |
| 4 |
SI
SII Investments
Appleton,
Wisconsin
|
+$212K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.74M |
| 2 |
Morgan Stanley
New York
|
-$886K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$372K |
| 4 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$298K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$254K |
NXP Hedge Fund Activity: Q2 2016 in Review
39 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Tax-Free Income Portfolio (NXP) for Q2 2016, worth a combined $21.3M — down 3% from $22M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NXP and 6 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 11 added.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $1.01M. The largest seller was LPL Financial, cutting an estimated $1.74M.
- 39 institutional investors held Nuveen Select Tax-Free Income Portfolio (NXP) as of Q2 2016, down from 42 in Q1 2016.
- Funds reported $21.3M of Nuveen Select Tax-Free Income Portfolio stock for Q2 2016, down 3% quarter-over-quarter.
- 6 funds opened new Nuveen Select Tax-Free Income Portfolio positions in Q2 2016 and 9 closed out, a net change of -3 holders.
- The largest Nuveen Select Tax-Free Income Portfolio buyer in Q2 2016 was Cambridge Investment Research Advisors, an estimated $1.01M added.
- The largest Nuveen Select Tax-Free Income Portfolio seller in Q2 2016 was LPL Financial, an estimated $1.74M sold.
Based on aggregated 13F filings for Q2 2016.