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NXZ

NUVEEN DIV ADV MUNI FD-2
NXZ

Delisted

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

63 hedge funds and large institutions have $61.5M invested in NUVEEN DIV ADV MUNI FD-2 in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

35% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 17

3% more funds holding

Funds holding: 6163 (+2)

9% less capital invested

Capital invested by funds: $67.8M → $61.5M (-$6.32M)

Holders
63
Holders Change
+2
Holders Change %
+3.28%
% of All Funds
1.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
23
Reduced
17
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$5.24M -$17.5K -1,229 -0.3%
PPA
2
Parametric Portfolio Associates
Washington
$5.18M +$1.22M +85,122 +30%
GC
3
Guggenheim Capital
Illinois
$5.08M +$432K +30,276 +9%
Invesco
4
Invesco
Georgia
$4.87M -$2.25M -157,917 -31%
KIM
5
Karpus Investment Management
New York
$4.61M -$1.5M -105,190 -24%
PAM
6
PT Asset Management
Illinois
$3.88M +$849K +59,432 +28%
GEM
7
Global Endowment Management
North Carolina
$2.62M -$27.1K -1,900 -1%
BTS
8
BB&T Securities
Virginia
$2.37M +$443 +31 +0.2%
Morgan Stanley
9
Morgan Stanley
New York
$2.15M +$35.3K +2,470 +2%
MSL
10
Mackay Shields LLC
New York
$2.02M
AAM
11
Advisors Asset Management
Colorado
$1.91M -$1.64M -114,595 -46%
TIM
12
Tortoise Investment Management
New York
$1.73M +$40.4K +2,830 +2%
AA
13
AQR Arbitrage
Connecticut
$1.52M +$1.53M +107,018 New
WA
14
Whitebox Advisors
Minnesota
$1.44M
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.32M +$13.6K +951 +1%
Cohen & Steers
16
Cohen & Steers
New York
$1.19M -$934K -65,446 -44%
Bank of America
17
Bank of America
North Carolina
$1.17M +$260K +18,236 +28%
NCM
18
Newgate Capital Management
Connecticut
$984K +$991K +69,405 New
RCM
19
Rivernorth Capital Management
Florida
$808K
DA
20
Doliver Advisors
Texas
$772K +$556K +38,963 +252%
PRCM
21
Pine River Capital Management
Minnesota
$704K +$710K +49,689 New
LPL Financial
22
LPL Financial
California
$682K -$103K -7,189 -13%
CIA
23
Capital Investment Advisors
Georgia
$666K -$7.97K -558 -1%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$628K -$63K -4,411 -9%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$565K -$12.7K -890 -2%

NXZ Hedge Fund Activity: Q1 2015 in Review

63 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in NUVEEN DIV ADV MUNI FD-2 (NXZ) for Q1 2015, worth a combined $61.5M — down 9.3% from $67.8M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new NXZ positions and 6 closed out — a net gain of 3 holders — while 23 added to existing stakes and 17 trimmed.

The largest buyer was Parametric Portfolio Associates, adding an estimated $1.22M. The largest seller was Veritable, exiting entirely with an estimated $4.83M sold.

  • 63 institutional investors held NUVEEN DIV ADV MUNI FD-2 (NXZ) as of Q1 2015, up from 61 in Q4 2014.
  • Funds reported $61.5M of NUVEEN DIV ADV MUNI FD-2 stock for Q1 2015, down 9.3% quarter-over-quarter.
  • 9 funds opened new NUVEEN DIV ADV MUNI FD-2 positions in Q1 2015 and 6 closed out, a net change of +3 holders.
  • The largest NUVEEN DIV ADV MUNI FD-2 buyer in Q1 2015 was Parametric Portfolio Associates, an estimated $1.22M added.
  • The largest NUVEEN DIV ADV MUNI FD-2 seller in Q1 2015 was Veritable, an estimated $4.83M sold.

Based on aggregated 13F filings for Q1 2015.