NUVEEN DIV ADV MUNI FD-2
NXZ
NXZ was delisted on the 8th of April, 2016.
61 hedge funds and large institutions have $67.8M invested in NUVEEN DIV ADV MUNI FD-2 in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 15 reducing their positions, and 5 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 15
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
2% more funds holding
Funds holding: 60 → 61 (+1)
2% less capital invested
Capital invested by funds: $69M → $67.8M (-$1.24M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.48M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$595K |
| 3 |
Morgan Stanley
New York
|
+$399K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$369K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.98M |
| 2 |
Cohen & Steers
New York
|
-$1.34M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$953K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$601K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$482K |
NXZ Hedge Fund Activity: Q4 2014 in Review
61 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in NUVEEN DIV ADV MUNI FD-2 (NXZ) for Q4 2014, worth a combined $67.8M — down 1.8% from $69M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NXZ positions and 5 closed out — a net gain of 2 holders — while 25 added to existing stakes and 15 trimmed.
The largest buyer was AQR Capital Management, opening a new position worth an estimated $1.48M. The largest seller was Karpus Investment Management, cutting an estimated $4.98M.
- 61 institutional investors held NUVEEN DIV ADV MUNI FD-2 (NXZ) as of Q4 2014, up from 60 in Q3 2014.
- Funds reported $67.8M of NUVEEN DIV ADV MUNI FD-2 stock for Q4 2014, down 1.8% quarter-over-quarter.
- 7 funds opened new NUVEEN DIV ADV MUNI FD-2 positions in Q4 2014 and 5 closed out, a net change of +2 holders.
- The largest NUVEEN DIV ADV MUNI FD-2 buyer in Q4 2014 was AQR Capital Management, an estimated $1.48M added.
- The largest NUVEEN DIV ADV MUNI FD-2 seller in Q4 2014 was Karpus Investment Management, an estimated $4.98M sold.
Based on aggregated 13F filings for Q4 2014.