Nuveen Portfolio holdings
Nuveen is the asset management arm of TIAA, a financial services group long focused on retirement savings for universities, other not-for-profit institutions and their employees. Nuveen manages all of TIAA's capital as well as money from outside investors, and began in Chicago in 1898 as John Nuveen & Company, an investment bank founded by John Nuveen Sr. to underwrite and sell municipal bonds. Its funds cover income, equity, real estate and real assets such as farmland and timberland, alongside private equity and private debt, and Nuveen and TIAA often invest their own money alongside clients. A private equity group led by Madison Dearborn Partners bought the firm in 2007, and it merged with TIAA in 2014.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Netflix
NFLX
|
+$138M |
| 2 |
Vivmark Residential
VMRK
|
+$73.4M |
| 3 |
Sempra
SRE
|
+$46.2M |
| 4 |
SL Green Realty
SLG
|
+$40.9M |
| 5 |
Omega Healthcare
OHI
|
+$34.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Tower
AMT
|
+$80.4M |
| 2 |
Camden Property Trust
CPT
|
+$42.5M |
| 3 |
Duke Energy
DUK
|
+$40.2M |
| 4 |
Procter & Gamble
PG
|
+$40M |
| 5 |
Host Hotels & Resorts
HST
|
+$39.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 28.66% |
| 2 | Technology | 10.13% |
| 3 | Miscellaneous | 9.54% |
| 4 | Healthcare | 9.1% |
| 5 | Financials | 8.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Simon Property Group
SPG
$75.1B
| $402M | 2.15% |
2,322,180
-91,055
| -4% | -$16.7M |
2013 Q2
8 quarters
|
|
2
Apple
AAPL
$5.1T
| $351M | 1.88% |
11,204,544
+186,060
| +2% | +$5.95M |
2013 Q2
8 quarters
|
|
3
Public Storage
PSA
$63.2B
| $305M | 1.64% |
1,655,317
-30,649
| -2% | -$5.88M |
2013 Q2
8 quarters
|
|
4
DELISTED
AvalonBay Communities
AVB
| $245M | 1.32% |
1,534,408
-78,385
| -5% | -$13.1M |
2013 Q2
8 quarters
|
|
|
5
Vivmark Residential
VMRK
$51.2B
| $209M | 1.12% |
2,971,764
+989,624
| +50% | +$73.4M |
2013 Q2
8 quarters
|
|
|
GGP
6
DELISTED
GGP Inc.
GGP
| $189M | 1.02% |
7,381,809
+1,176,333
| +19% | +$32.8M |
2013 Q2
8 quarters
|
|
7
Vornado Realty Trust
VNO
$6.85B
| $179M | 0.96% |
2,327,190
+103,485
| +5% | +$8.58M |
2013 Q2
8 quarters
|
|
8
Welltower
WELL
$181B
| $172M | 0.92% |
2,622,741
+203,427
| +8% | +$14.6M |
2013 Q2
8 quarters
|
|
|
9
Netflix
NFLX
$263B
| $163M | 0.88% |
17,413,620
+16,452,030
| +1,711% | +$138M |
2013 Q4
6 quarters
|
|
10
American Airlines Group
AAL
$9.38B
| $158M | 0.85% |
3,962,423
-98,675
| -2% | -$4.5M |
2014 Q1
5 quarters
|
|
11
Microsoft
MSFT
$4.05T
| $155M | 0.83% |
3,512,388
-331,671
| -9% | -$15.1M |
2013 Q2
8 quarters
|
|
12
Ventas
VTR
$47.3B
| $142M | 0.76% |
2,008,527
-100,731
| -5% | -$7.87M |
2013 Q2
8 quarters
|
|
13
Essex Property Trust
ESS
$17.7B
| $140M | 0.75% |
657,364
+147,766
| +29% | +$32.7M |
2013 Q2
8 quarters
|
|
|
14
SL Green Realty
SLG
$3.72B
| $127M | 0.68% |
1,189,906
+349,036
| +42% | +$40.9M |
2013 Q2
8 quarters
|
|
15
Pfizer
PFE
$167B
| $122M | 0.66% |
3,845,698
-25,995
| -0.7% | -$847K |
2013 Q2
8 quarters
|
|
|
16
Host Hotels & Resorts
HST
$17.3B
| $121M | 0.65% |
6,088,412
-1,959,904
| -24% | -$39.5M |
2013 Q2
8 quarters
|
|
17
Prologis
PLD
$124B
| $119M | 0.64% |
3,197,929
-314,360
| -9% | -$12.8M |
2013 Q2
8 quarters
|
|
18
ExxonMobil
XOM
$672B
| $108M | 0.58% |
1,295,278
-51,635
| -4% | -$4.44M |
2013 Q2
8 quarters
|
|
19
SITE Centers
SITC
$35.3M
| $107M | 0.58% |
5,384,332
+331,780
| +7% | +$7.35M |
2013 Q2
8 quarters
|
|
20
UnitedHealth
UNH
$356B
| $106M | 0.57% |
865,950
-42,579
| -5% | -$5.04M |
2013 Q2
8 quarters
|
|
21
Kinder Morgan
KMI
$68.1B
| $104M | 0.56% |
2,699,922
+394,398
| +17% | +$16.5M |
2013 Q2
8 quarters
|
|
22
Bank of America
BAC
$349B
| $96.2M | 0.52% |
5,650,983
-561,752
| -9% | -$9.26M |
2013 Q2
8 quarters
|
|
|
PSB
23
DELISTED
PS Business Parks, Inc.
PSB
| $95.1M | 0.51% |
1,317,449
+22,884
| +2% | +$1.75M |
2013 Q2
8 quarters
|
|
24
Home Depot
HD
$353B
| $93.2M | 0.5% |
838,762
+9,358
| +1% | +$1.05M |
2013 Q2
8 quarters
|
|
25
Alphabet (Google) Class C
GOOG
$3.52T
| $92.5M | 0.5% |
3,482,460
+136,459
| +4% | +$3.66M |
2013 Q2
8 quarters
|
|
Similar funds
Nuveen's Q2 2015 Portfolio in Review
As of Q2 2015, Nuveen held 1,709 positions worth $18.7B, up 2.2% from $18.3B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Nuveen deployed $1.19B of net new capital in Q2 2015, opening 123 new positions and adding to 471 existing holdings. Its largest new stake was Corpay: 132,133 shares worth $20.6M.
By sector, the portfolio is most concentrated in Real Estate at 29% of assets, down from 34% a quarter earlier, followed by Technology and Miscellaneous.
On the sell side, the largest reduction was American Tower, an estimated $80.4M trimmed.
- Nuveen's largest Q2 2015 buy was Corpay: 132,133 shares worth $20.6M.
- Nuveen added most to Netflix in Q2 2015, an estimated $138M increase.
- Nuveen's biggest Q2 2015 reduction was American Tower, cutting an estimated $80.4M.
- Nuveen fully exited Rexford Industrial Realty in Q2 2015, selling an estimated $36.5M.
- Nuveen's ten largest holdings make up 18% of its $18.7B portfolio in Q2 2015.
- Nuveen opened 123 new positions and closed 113 in Q2 2015.
- Nuveen's portfolio value rose 2.2% quarter-over-quarter to $18.7B.
Based on Nuveen's 13F filing for Q2 2015, filed 14 Aug 2015.