NUVEEN DIV ADV MUNI FD-2
NXZ
NXZ was delisted on the 8th of April, 2016.
56 hedge funds and large institutions have $64.9M invested in NUVEEN DIV ADV MUNI FD-2 in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
6% more funds holding
Funds holding: 53 → 56 (+3)
4% more capital invested
Capital invested by funds: $62.2M → $64.9M (+$2.76M)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.72M |
| 2 |
Cohen & Steers
New York
|
+$998K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$703K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$645K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$626K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.14M |
| 2 |
Morgan Stanley
New York
|
-$1.17M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.04M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$927K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$828K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $15K | -$25.3K | -1,880 | -62% |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $8K | +$8.36K | +621 | New |
|
|
LTFS
53
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | -$13.5K | -1,000 | -73% |
|
|
BRWM
54
B. Riley Wealth Management
Memphis,
Tennessee
| $5K | +$5.38K | +400 | New |
|
|
WA
55
Winfield Associates
Cleveland,
Ohio
| $4K | – | – | – |
|
|
MA
56
MUFG Americas
New York
| $2K | – | – | – |
|
|
57
AQR Capital Management
Greenwich,
Connecticut
| – | -$1.04M | -81,896 | Closed |
|
|
NCM
58
Newgate Capital Management
Greenwich,
Connecticut
| – | -$644K | -50,757 | Closed |
|
|
DA
59
Doliver Advisors
Houston,
Texas
| – | -$520K | -40,956 | Closed |
|
60
SG Americas Securities
New York
| – | -$344K | -27,112 | Closed |
|
|
WAM
61
Weiss Asset Management
Boston,
Massachusetts
| – | -$308K | -24,306 | Closed |
|
|
VKH
62
Virtu KCG Holdings
New York
| – | -$170K | -13,398 | Closed |
|
NXZ Hedge Fund Activity: Q1 2014 in Review
56 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in NUVEEN DIV ADV MUNI FD-2 (NXZ) for Q1 2014, worth a combined $64.9M — up 4.4% from $62.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NXZ positions and 6 closed out — a net gain of 3 holders — while 16 added to existing stakes and 16 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.72M. The largest seller was LPL Financial, cutting an estimated $2.14M.
- 56 institutional investors held NUVEEN DIV ADV MUNI FD-2 (NXZ) as of Q1 2014, up from 53 in Q4 2013.
- Funds reported $64.9M of NUVEEN DIV ADV MUNI FD-2 stock for Q1 2014, up 4.4% quarter-over-quarter.
- 9 funds opened new NUVEEN DIV ADV MUNI FD-2 positions in Q1 2014 and 6 closed out, a net change of +3 holders.
- The largest NUVEEN DIV ADV MUNI FD-2 buyer in Q1 2014 was Karpus Investment Management, an estimated $1.72M added.
- The largest NUVEEN DIV ADV MUNI FD-2 seller in Q1 2014 was LPL Financial, an estimated $2.14M sold.
Based on aggregated 13F filings for Q1 2014.