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 |
Realty Income
O
|
+$72.1M |
| 2 |
Southern Company
SO
|
+$55.3M |
| 3 |
JPMorgan Chase
JPM
|
+$54.8M |
| 4 |
Digital Realty Trust
DLR
|
+$42.2M |
| 5 |
Boston Properties
BXP
|
+$39.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AvalonBay Communities
AVB
|
+$82.4M |
| 2 |
LPT
Liberty Property Trust
LPT
|
+$72.1M |
| 3 |
Microsoft
MSFT
|
+$47.1M |
| 4 |
Macerich
MAC
|
+$42.1M |
| 5 |
American Water Works
AWK
|
+$42M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 34.87% |
| 2 | Technology | 9.42% |
| 3 | Healthcare | 7.9% |
| 4 | Financials | 7.53% |
| 5 | Industrials | 7.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Simon Property Group
SPG
$75.3B
| $513M | 3.15% |
2,367,375
-89,673
| -4% | -$18.3M |
2013 Q2
12 quarters
|
|
2
Public Storage
PSA
$64.1B
| $319M | 1.96% |
1,248,541
-85,772
| -6% | -$22M |
2013 Q2
12 quarters
|
|
3
Prologis
PLD
$125B
| $249M | 1.53% |
5,082,866
-422,276
| -8% | -$19.8M |
2013 Q2
12 quarters
|
|
4
Apple
AAPL
$5.08T
| $239M | 1.46% |
9,979,344
-494,164
| -5% | -$12.3M |
2013 Q2
12 quarters
|
|
5
Vivmark Residential
VMRK
$51.4B
| $234M | 1.44% |
3,396,015
-97,738
| -3% | -$6.72M |
2013 Q2
12 quarters
|
|
6
Vornado Realty Trust
VNO
$6.94B
| $196M | 1.21% |
2,427,526
-13,843
| -0.6% | -$1.07M |
2013 Q2
12 quarters
|
|
7
Welltower
WELL
$181B
| $196M | 1.21% |
2,579,467
-340,493
| -12% | -$24.2M |
2013 Q2
12 quarters
|
|
8
Federal Realty Investment Trust
FRT
$9.8B
| $196M | 1.2% |
1,184,097
-64,256
| -5% | -$10M |
2013 Q2
12 quarters
|
|
|
9
Microsoft
MSFT
$4.03T
| $179M | 1.1% |
3,497,817
-906,867
| -21% | -$47.1M |
2013 Q2
12 quarters
|
|
|
10
Digital Realty Trust
DLR
$68.2B
| $161M | 0.99% |
1,477,791
+444,564
| +43% | +$42.2M |
2013 Q2
12 quarters
|
|
11
NextEra Energy
NEE
$184B
| $154M | 0.94% |
4,717,388
-294,940
| -6% | -$8.86M |
2013 Q2
12 quarters
|
|
12
NNN REIT
NNN
$8.08B
| $152M | 0.93% |
2,932,347
+523,125
| +22% | +$24.3M |
2013 Q2
12 quarters
|
|
13
Equinix
EQIX
$106B
| $139M | 0.86% |
359,596
+32,709
| +10% | +$11.4M |
2015 Q1
5 quarters
|
|
|
14
DELISTED
AvalonBay Communities
AVB
| $121M | 0.74% |
668,256
-457,157
| -41% | -$82.4M |
2013 Q2
12 quarters
|
|
|
GGP
15
DELISTED
GGP Inc.
GGP
| $119M | 0.73% |
4,002,237
-945,465
| -19% | -$26.7M |
2013 Q2
12 quarters
|
|
16
Regency Centers
REG
$13.9B
| $119M | 0.73% |
1,422,904
-205,566
| -13% | -$15.8M |
2013 Q2
12 quarters
|
|
17
Alphabet (Google) Class A
GOOGL
$3.56T
| $110M | 0.67% |
3,118,960
-88,120
| -3% | -$3.23M |
2015 Q4
2 quarters
|
|
18
Cisco
CSCO
$387B
| $108M | 0.66% |
3,758,649
-57,456
| -2% | -$1.61M |
2013 Q2
12 quarters
|
|
19
SL Green Realty
SLG
$3.73B
| $106M | 0.65% |
1,031,526
-140,141
| -12% | -$13.8M |
2013 Q2
12 quarters
|
|
|
20
JPMorgan Chase
JPM
$912B
| $105M | 0.64% |
1,690,281
+876,660
| +108% | +$54.8M |
2013 Q2
12 quarters
|
|
21
American Airlines Group
AAL
$9.3B
| $104M | 0.64% |
3,685,669
-236,260
| -6% | -$7.98M |
2014 Q1
9 quarters
|
|
|
LPT
22
DELISTED
Liberty Property Trust
LPT
| $102M | 0.63% |
2,571,296
-1,980,550
| -44% | -$72.1M |
2013 Q2
12 quarters
|
|
23
Amazon
AMZN
$2.9T
| $101M | 0.62% |
2,821,780
+24,240
| +0.9% | +$820K |
2013 Q2
12 quarters
|
|
|
24
Boston Properties
BXP
$10.7B
| $98.9M | 0.61% |
749,498
+308,437
| +70% | +$39.6M |
2013 Q2
12 quarters
|
|
25
AT&T
T
$146B
| $98.5M | 0.6% |
3,017,170
+390,165
| +15% | +$11.6M |
2013 Q2
12 quarters
|
|
Similar funds
Nuveen's Q2 2016 Portfolio in Review
As of Q2 2016, Nuveen held 1,493 positions worth $16.3B, down 15% from $19.1B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Nuveen's Q2 2016 filing shows 88 new, 408 increased, 671 reduced and 180 closed positions. Its largest new stake was Gaming and Leisure Properties: 991,462 shares worth $34.2M. The largest sale was AvalonBay Communities, an estimated $82.4M.
By sector, the portfolio is most concentrated in Real Estate at 35% of assets, up from 28% a quarter earlier, followed by Technology and Healthcare.
- Nuveen's largest Q2 2016 buy was Gaming and Leisure Properties: 991,462 shares worth $34.2M.
- Nuveen added most to Realty Income in Q2 2016, an estimated $72.1M increase.
- Nuveen's biggest Q2 2016 reduction was AvalonBay Communities, cutting an estimated $82.4M.
- Nuveen fully exited Macerich in Q2 2016, selling an estimated $42.1M.
- Nuveen's ten largest holdings make up 15% of its $16.3B portfolio in Q2 2016.
- Nuveen opened 88 new positions and closed 180 in Q2 2016.
- Nuveen's portfolio value fell 15% quarter-over-quarter to $16.3B.
Based on Nuveen's 13F filing for Q2 2016, filed 12 Aug 2016.