NUVEEN DIV ADV MUNI FD-2
NXZ
NXZ was delisted on the 8th of April, 2016.
58 hedge funds and large institutions have $69M invested in NUVEEN DIV ADV MUNI FD-2 in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
6% more capital invested
Capital invested by funds: $64.9M → $69M (+$4.04M)
4% more funds holding
Funds holding: 56 → 58 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.63M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$886K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$488K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$456K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$397K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$431K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$414K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$347K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$244K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$182K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
51
Evercore Wealth Management
New York
| $21K | – | – | – |
|
|
NFG
52
Next Financial Group
Houston,
Texas
| $14K | +$13.9K | +1,000 | New |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $6K | -$2.58K | -186 | -30% |
|
|
LTFS
54
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | – | – | – |
|
|
BRWM
55
B. Riley Wealth Management
Memphis,
Tennessee
| $5K | +$56 | +4 | +1% |
|
|
WA
56
Winfield Associates
Cleveland,
Ohio
| $4K | – | – | – |
|
|
MA
57
MUFG Americas
New York
| $3K | – | – | – |
|
58
Citigroup
New York
| $1K | -$15.5K | -1,120 | -97% |
|
|
CA
59
Cornerstone Advisors
Asheville,
North Carolina
| – | -$414K | -30,689 | Closed |
|
60
AllianceBernstein
Nashville,
Tennessee
| – | -$143K | -10,563 | Closed |
|
61
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$137K | -10,150 | Closed |
|
|
FHA
62
First Horizon Advisors
Memphis,
Tennessee
| – | -$23K | -1,700 | Closed |
|
NXZ Hedge Fund Activity: Q2 2014 in Review
58 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in NUVEEN DIV ADV MUNI FD-2 (NXZ) for Q2 2014, worth a combined $69M — up 6.2% from $64.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NXZ positions and 4 closed out — a net gain of 2 holders — while 17 added to existing stakes and 14 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.63M. The largest seller was Advisors Asset Management, cutting an estimated $431K.
- 58 institutional investors held NUVEEN DIV ADV MUNI FD-2 (NXZ) as of Q2 2014, up from 56 in Q1 2014.
- Funds reported $69M of NUVEEN DIV ADV MUNI FD-2 stock for Q2 2014, up 6.2% quarter-over-quarter.
- 6 funds opened new NUVEEN DIV ADV MUNI FD-2 positions in Q2 2014 and 4 closed out, a net change of +2 holders.
- The largest NUVEEN DIV ADV MUNI FD-2 buyer in Q2 2014 was Karpus Investment Management, an estimated $1.63M added.
- The largest NUVEEN DIV ADV MUNI FD-2 seller in Q2 2014 was Advisors Asset Management, an estimated $431K sold.
Based on aggregated 13F filings for Q2 2014.