NUVEEN DIV ADV MUNI FD-2
NXZ
NXZ was delisted on the 8th of April, 2016.
50 hedge funds and large institutions have $52.6M invested in NUVEEN DIV ADV MUNI FD-2 in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 9 reducing their positions, and 9 closing their positions.
156% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 9
1.48% more ownership
Funds ownership: 12.21% → 13.7% (+1.5%)
4% more capital invested
Capital invested by funds: $50.5M → $52.6M (+$2.09M)
4% less funds holding
Funds holding: 52 → 50 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.96M |
| 2 |
WI
Western Investment
Salt Lake City,
Utah
|
+$1.16M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.06M |
| 4 |
LPL Financial
San Diego,
California
|
+$937K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$698K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$971K |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$620K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$537K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$427K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$258K |
NXZ Hedge Fund Activity: Q3 2013 in Review
50 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in NUVEEN DIV ADV MUNI FD-2 (NXZ) for Q3 2013, worth a combined $52.6M — up 4.1% from $50.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NXZ and 7 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 23 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.96M. The largest seller was Guggenheim Capital, cutting an estimated $971K.
- 50 institutional investors held NUVEEN DIV ADV MUNI FD-2 (NXZ) as of Q3 2013, down from 52 in Q2 2013.
- Funds reported $52.6M of NUVEEN DIV ADV MUNI FD-2 stock for Q3 2013, up 4.1% quarter-over-quarter.
- 7 funds opened new NUVEEN DIV ADV MUNI FD-2 positions in Q3 2013 and 9 closed out, a net change of -2 holders.
- The largest NUVEEN DIV ADV MUNI FD-2 buyer in Q3 2013 was Karpus Investment Management, an estimated $1.96M added.
- The largest NUVEEN DIV ADV MUNI FD-2 seller in Q3 2013 was Guggenheim Capital, an estimated $971K sold.
Based on aggregated 13F filings for Q3 2013.