NUVEEN DIV ADV MUNI FD-2
NXZ
NXZ was delisted on the 8th of April, 2016.
50 hedge funds and large institutions have $55.9M invested in NUVEEN DIV ADV MUNI FD-2 in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 9 reducing their positions, and 9 closing their positions.
156% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 9
11% more capital invested
Capital invested by funds: $50.3M → $55.9M (+$5.57M)
4% less funds holding
Funds holding: 52 → 50 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.96M |
| 2 |
WI
Western Investment
Salt Lake City,
Utah
|
+$1.16M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.06M |
| 4 |
LPL Financial
San Diego,
California
|
+$937K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$698K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$971K |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$620K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$537K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$427K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$258K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
51
American International Group
New York
| $519 | – | – | – |
|
|
1CP
52
1607 Capital Partners
Richmond,
Virginia
| – | -$537K | -38,504 | Closed |
|
|
TC
53
TFS Capital
West Chester,
Pennsylvania
| – | -$258K | -18,478 | Closed |
|
|
RJFSA
54
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$223K | -15,981 | Closed |
|
55
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$193K | -13,821 | Closed |
|
56
Jane Street
New York
| – | -$148K | -10,589 | Closed |
|
|
WAM
57
Wolverine Asset Management
Chicago,
Illinois
| – | -$95K | -6,869 | Closed |
|
|
DADC
58
D.A. Davidson & Co
Great Falls,
Montana
| – | -$82K | -5,925 | Closed |
|
|
FHC
59
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$3K | -202 | Closed |
|
|
WC
60
Whitnell & Co
Oak Brook,
Illinois
| – | -$1K | -106 | Closed |
|
NXZ Hedge Fund Activity: Q3 2013 in Review
50 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in NUVEEN DIV ADV MUNI FD-2 (NXZ) for Q3 2013, worth a combined $55.9M — up 11% from $50.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NXZ and 7 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 23 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.96M. The largest seller was Guggenheim Capital, cutting an estimated $971K.
- 50 institutional investors held NUVEEN DIV ADV MUNI FD-2 (NXZ) as of Q3 2013, down from 52 in Q2 2013.
- Funds reported $55.9M of NUVEEN DIV ADV MUNI FD-2 stock for Q3 2013, up 11% quarter-over-quarter.
- 7 funds opened new NUVEEN DIV ADV MUNI FD-2 positions in Q3 2013 and 9 closed out, a net change of -2 holders.
- The largest NUVEEN DIV ADV MUNI FD-2 buyer in Q3 2013 was Karpus Investment Management, an estimated $1.96M added.
- The largest NUVEEN DIV ADV MUNI FD-2 seller in Q3 2013 was Guggenheim Capital, an estimated $971K sold.
Based on aggregated 13F filings for Q3 2013.