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NXZ

NUVEEN DIV ADV MUNI FD-2
NXZ

Delisted

NXZ was delisted on the 8th of April, 2016.

50 hedge funds and large institutions have $55.9M 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.

New
Increased
Maintained
Reduced
Closed

156% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 9

11% more capital invested

Capital invested by funds: $50.3M → $55.9M (+$5.57M)

4% less funds holding

Funds holding: 5250 (-2)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

Holders
50
Holders Change
-2
Holders Change %
-3.85%
% of All Funds
1.62%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
23
Reduced
9
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$5.52M -$971K -75,618 -15%
AAM
2
Advisors Asset Management
Colorado
$4.97M -$230K -17,879 -4%
Invesco
3
Invesco
Georgia
$4.97M +$499K +38,866 +11%
KIM
4
Karpus Investment Management
New York
$4.76M +$1.96M +152,904 +71%
BTS
5
BB&T Securities
Virginia
$3.59M +$123K +9,566 +53%
Wells Fargo
6
Wells Fargo
California
$2.93M +$1.06M +82,807 +58%
LPL Financial
7
LPL Financial
California
$2.91M +$937K +72,946 +47%
CRAM
8
Claren Road Asset Management
New York
$2.86M
NCM
9
Newgate Capital Management
Connecticut
$2.82M -$620K -48,295 -18%
Morgan Stanley
10
Morgan Stanley
New York
$2.64M +$283K +22,022 +12%
CA
11
Cornerstone Advisors
North Carolina
$2.11M -$56.5K -4,400 -3%
PPA
12
Parametric Portfolio Associates
Washington
$1.82M +$671K +52,277 +59%
Cohen & Steers
13
Cohen & Steers
New York
$1.43M +$389K +30,263 +38%
TCM
14
Texan Capital Management
Texas
$1.29M
WI
15
Western Investment
Utah
$1.17M +$1.16M +90,147 New
MSL
16
Mackay Shields LLC
New York
$993K
AQR Capital Management
17
AQR Capital Management
Connecticut
$705K +$698K +54,390 New
HK
18
Horizon Kinetics
New York
$658K +$34.7K +2,702 +6%
V
19
Veritable
Delaware
$632K +$626K +48,735 New
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$608K +$324K +25,199 +116%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$545K -$72.6K -5,657 -12%
SNC
22
Stifel Nicolaus & Co
Missouri
$544K +$16.2K +1,258 +3%
TIM
23
Tortoise Investment Management
New York
$527K +$130K +10,100 +33%
FHA
24
First Horizon Advisors
Tennessee
$410K +$74.7K +5,819 +23%
VAM
25
Visium Asset Management
New York
$393K +$2.89K +225 +0.7%

NXZ Hedge Fund Activity: Q3 2013 in Review

50 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in NUVEEN DIV ADV MUNI FD-2 (NXZ) for Q3 2013, worth a combined $55.9M — up 11% from $50.3M 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 $55.9M of NUVEEN DIV ADV MUNI FD-2 stock for Q3 2013, up 11% 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.