NUVEEN DIV ADV MUNI FD-2
NXZ
NXZ was delisted on the 8th of April, 2016.
59 hedge funds and large institutions have $57.4M invested in NUVEEN DIV ADV MUNI FD-2 in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 6 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
4% more funds holding
Funds holding: 57 → 59 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $59M → $57.4M (-$1.52M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.49M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$698K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$415K |
| 4 |
CK
Carnick & Kubik
Colorado Springs,
Colorado
|
+$327K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$305K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PT Asset Management
Chicago,
Illinois
|
-$2.52M |
| 2 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$2.1M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.32M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.2M |
| 5 |
CBU
CIBC Bank USA
Chicago,
Illinois
|
-$225K |
NXZ Hedge Fund Activity: Q3 2015 in Review
59 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in NUVEEN DIV ADV MUNI FD-2 (NXZ) for Q3 2015, worth a combined $57.4M — down 2.6% from $59M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NXZ positions and 6 closed out — a net gain of 2 holders — while 21 added to existing stakes and 15 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.49M. The largest seller was PT Asset Management, cutting an estimated $2.52M.
- 59 institutional investors held NUVEEN DIV ADV MUNI FD-2 (NXZ) as of Q3 2015, up from 57 in Q2 2015.
- Funds reported $57.4M of NUVEEN DIV ADV MUNI FD-2 stock for Q3 2015, down 2.6% quarter-over-quarter.
- 8 funds opened new NUVEEN DIV ADV MUNI FD-2 positions in Q3 2015 and 6 closed out, a net change of +2 holders.
- The largest NUVEEN DIV ADV MUNI FD-2 buyer in Q3 2015 was Karpus Investment Management, an estimated $2.49M added.
- The largest NUVEEN DIV ADV MUNI FD-2 seller in Q3 2015 was PT Asset Management, an estimated $2.52M sold.
Based on aggregated 13F filings for Q3 2015.