NUVEEN DIV ADV MUNI FD-2
NXZ
NXZ was delisted on the 8th of April, 2016.
60 hedge funds and large institutions have $69M invested in NUVEEN DIV ADV MUNI FD-2 in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 11 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
109% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 11
3% more funds holding
Funds holding: 58 → 60 (+2)
0% more capital invested
Capital invested by funds: $69M → $69M (+$82.6K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$757K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$680K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$482K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$426K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$302K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$1.68M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$752K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$468K |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$275K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$247K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Ameriprise
Minneapolis,
Minnesota
| $28K | – | – | – |
|
|
MFS
52
MSI Financial Services
Springfield,
Massachusetts
| $28K | +$55 | +4 | +0.2% |
|
|
EWM
53
Evercore Wealth Management
New York
| $21K | – | – | – |
|
|
NFG
54
Next Financial Group
Houston,
Texas
| $14K | – | – | – |
|
55
Citigroup
New York
| $14K | +$13.2K | +961 | +2,464% |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| $6K | – | – | – |
|
|
LTFS
57
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | – | – | – |
|
|
WA
58
Winfield Associates
Cleveland,
Ohio
| $5K | – | – | – |
|
|
BRWM
59
B. Riley Wealth Management
Memphis,
Tennessee
| $5K | +$83 | +6 | +1% |
|
|
MA
60
MUFG Americas
New York
| $3K | – | – | – |
|
|
TC
61
TFS Capital
West Chester,
Pennsylvania
| – | -$752K | -54,102 | Closed |
|
62
Stifel Financial
St. Louis,
Missouri
| – | -$176K | -12,659 | Closed |
|
NXZ Hedge Fund Activity: Q3 2014 in Review
60 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in NUVEEN DIV ADV MUNI FD-2 (NXZ) for Q3 2014, worth a combined $69M — up 0.12% from $69M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NXZ positions and 2 closed out — a net gain of 3 holders — while 23 added to existing stakes and 11 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $757K. The largest seller was Mackay Shields LLC, cutting an estimated $1.68M.
- 60 institutional investors held NUVEEN DIV ADV MUNI FD-2 (NXZ) as of Q3 2014, up from 58 in Q2 2014.
- Funds reported $69M of NUVEEN DIV ADV MUNI FD-2 stock for Q3 2014, up 0.12% quarter-over-quarter.
- 5 funds opened new NUVEEN DIV ADV MUNI FD-2 positions in Q3 2014 and 2 closed out, a net change of +3 holders.
- The largest NUVEEN DIV ADV MUNI FD-2 buyer in Q3 2014 was Karpus Investment Management, an estimated $757K added.
- The largest NUVEEN DIV ADV MUNI FD-2 seller in Q3 2014 was Mackay Shields LLC, an estimated $1.68M sold.
Based on aggregated 13F filings for Q3 2014.