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NXZ

NUVEEN DIV ADV MUNI FD-2
NXZ

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 5759 (+2)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3% less capital invested

Capital invested by funds: $59M → $57.4M (-$1.52M)

Holders
59
Holders Change
+2
Holders Change %
+3.51%
% of All Funds
1.65%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
8
Increased
21
Reduced
15
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
1
Parametric Portfolio Associates
Washington
$6.95M +$698K +51,816 +11%
KIM
2
Karpus Investment Management
New York
$6.72M +$2.49M +184,636 +60%
Wells Fargo
3
Wells Fargo
California
$6.63M +$305K +22,611 +5%
GC
4
Guggenheim Capital
Illinois
$6.18M +$283K +21,021 +5%
Morgan Stanley
5
Morgan Stanley
New York
$2.82M +$27.4K +2,032 +1%
NCM
6
Newgate Capital Management
Connecticut
$2.48M -$9.49K -704 -0.4%
LSA
7
Liberty Street Advisors
New York
$2.06M +$253K +18,808 +14%
TIM
8
Tortoise Investment Management
New York
$1.83M +$59.8K +4,435 +3%
Invesco
9
Invesco
Georgia
$1.8M -$1.2M -88,801 -40%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$1.77M +$64.9K +4,816 +4%
AA
11
AQR Arbitrage
Connecticut
$1.45M -$97.8K -7,255 -6%
Bank of America
12
Bank of America
North Carolina
$1.28M +$210K +15,607 +20%
RCM
13
Rivernorth Capital Management
Florida
$1.2M +$415K +30,787 +54%
PAM
14
PT Asset Management
Illinois
$1.14M -$2.52M -187,005 -69%
Cohen & Steers
15
Cohen & Steers
New York
$834K
VC
16
Vicus Capital
Pennsylvania
$704K +$244K +18,105 +54%
WAM
17
Wolverine Asset Management
Illinois
$681K +$88K +6,529 +15%
RJA
18
Raymond James & Associates
Florida
$679K +$116K +8,582 +21%
PRCM
19
Pine River Capital Management
Minnesota
$677K
VanEck Associates
20
VanEck Associates
New York
$647K +$50K +3,707 +8%
LCM
21
Landscape Capital Management
New Jersey
$626K -$177K -13,114 -22%
CIA
22
Capital Investment Advisors
Georgia
$614K -$16.9K -1,254 -3%
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$602K
LPL Financial
24
LPL Financial
California
$584K +$1.27K +94 +0.2%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$543K

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.