NUVEEN DIV ADV MUNI FD-2
NXZ
NXZ was delisted on the 8th of April, 2016.
57 hedge funds and large institutions have $59M invested in NUVEEN DIV ADV MUNI FD-2 in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 8 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
4% less capital invested
Capital invested by funds: $61.5M → $59M (-$2.52M)
10% less funds holding
Funds holding: 63 → 57 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSA
Liberty Street Advisors
New York
|
+$1.83M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$1.57M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.3M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.29M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.69M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$1.44M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$1.43M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$550K |
| 5 |
Cohen & Steers
New York
|
-$308K |
NXZ Hedge Fund Activity: Q2 2015 in Review
57 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in NUVEEN DIV ADV MUNI FD-2 (NXZ) for Q2 2015, worth a combined $59M — down 4.1% from $61.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NXZ and 2 opened new positions — a net loss of 6 holders — while 17 trimmed existing stakes and 21 added.
The largest buyer was Liberty Street Advisors, opening a new position worth an estimated $1.83M. The largest seller was Invesco, cutting an estimated $1.69M.
- 57 institutional investors held NUVEEN DIV ADV MUNI FD-2 (NXZ) as of Q2 2015, down from 63 in Q1 2015.
- Funds reported $59M of NUVEEN DIV ADV MUNI FD-2 stock for Q2 2015, down 4.1% quarter-over-quarter.
- 2 funds opened new NUVEEN DIV ADV MUNI FD-2 positions in Q2 2015 and 8 closed out, a net change of -6 holders.
- The largest NUVEEN DIV ADV MUNI FD-2 buyer in Q2 2015 was Liberty Street Advisors, an estimated $1.83M added.
- The largest NUVEEN DIV ADV MUNI FD-2 seller in Q2 2015 was Invesco, an estimated $1.69M sold.
Based on aggregated 13F filings for Q2 2015.