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 |
Boston Properties
BXP
|
+$77.9M |
| 2 |
Omega Healthcare
OHI
|
+$62.1M |
| 3 |
Host Hotels & Resorts
HST
|
+$61M |
| 4 |
Aimco
AIV
|
+$39.5M |
| 5 |
Medical Properties Trust
MPT
|
+$38.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Kilroy Realty
KRC
|
+$64.1M |
| 2 |
DRE
Duke Realty Corp.
DRE
|
+$62.5M |
| 3 |
Waste Connections
WCN
|
+$54.8M |
| 4 |
Enterprise Products Partners
EPD
|
+$50.1M |
| 5 |
Prologis
PLD
|
+$47.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 35.01% |
| 2 | Financials | 11.14% |
| 3 | Technology | 9.73% |
| 4 | Industrials | 8.99% |
| 5 | Healthcare | 7.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Simon Property Group
SPG
$75.2B
| $385M | 2.47% |
2,382,176
-288,821
| -11% | -$47M |
2013 Q2
16 quarters
|
|
2
Apple
AAPL
$5.08T
| $265M | 1.7% |
7,355,788
-1,207,024
| -14% | -$44.6M |
2013 Q2
16 quarters
|
|
3
Equinix
EQIX
$106B
| $260M | 1.67% |
605,571
-66,482
| -10% | -$28.2M |
2015 Q1
9 quarters
|
|
4
Microsoft
MSFT
$4.04T
| $195M | 1.25% |
2,828,196
-424,850
| -13% | -$29.2M |
2013 Q2
16 quarters
|
|
5
Vornado Realty Trust
VNO
$6.94B
| $187M | 1.2% |
2,468,769
-388
| -0% | -$30.1K |
2013 Q2
16 quarters
|
|
6
Public Storage
PSA
$64B
| $183M | 1.17% |
876,709
-80,240
| -8% | -$17.3M |
2013 Q2
16 quarters
|
|
7
DELISTED
AvalonBay Communities
AVB
| $178M | 1.14% |
924,253
+151,420
| +20% | +$29M |
2013 Q2
16 quarters
|
|
8
American Airlines Group
AAL
$9.31B
| $176M | 1.13% |
3,491,302
-26,831
| -0.8% | -$1.25M |
2014 Q1
13 quarters
|
|
9
Ventas
VTR
$47.4B
| $169M | 1.08% |
2,431,285
-524,426
| -18% | -$34.9M |
2013 Q2
16 quarters
|
|
10
Vivmark Residential
VMRK
$51.4B
| $158M | 1.01% |
2,394,285
-51,093
| -2% | -$3.34M |
2013 Q2
16 quarters
|
|
11
Digital Realty Trust
DLR
$68.4B
| $142M | 0.91% |
1,257,464
-180,397
| -13% | -$20.6M |
2013 Q2
16 quarters
|
|
|
12
Boston Properties
BXP
$10.7B
| $134M | 0.86% |
1,092,751
+615,893
| +129% | +$77.9M |
2013 Q2
16 quarters
|
|
|
DRE
13
DELISTED
Duke Realty Corp.
DRE
| $132M | 0.85% |
4,721,756
-2,222,823
| -32% | -$62.5M |
2013 Q2
16 quarters
|
|
14
Federal Realty Investment Trust
FRT
$9.8B
| $124M | 0.79% |
978,973
+207,005
| +27% | +$26.7M |
2013 Q2
16 quarters
|
|
15
First Industrial Realty Trust
FR
$7.32B
| $123M | 0.79% |
4,312,542
+314,169
| +8% | +$8.96M |
2016 Q1
5 quarters
|
|
16
Camden Property Trust
CPT
$11.6B
| $121M | 0.78% |
1,415,291
+88,055
| +7% | +$7.38M |
2013 Q2
16 quarters
|
|
17
JPMorgan Chase
JPM
$910B
| $112M | 0.72% |
1,220,685
-172,395
| -12% | -$14.9M |
2013 Q2
16 quarters
|
|
|
18
Host Hotels & Resorts
HST
$17.4B
| $110M | 0.7% |
6,008,612
+3,325,424
| +124% | +$61M |
2013 Q2
16 quarters
|
|
19
Alphabet (Google) Class A
GOOGL
$3.56T
| $107M | 0.69% |
2,309,800
-157,440
| -6% | -$7.36M |
2015 Q4
6 quarters
|
|
20
Bank of America
BAC
$351B
| $103M | 0.66% |
4,257,248
-680,016
| -14% | -$15.9M |
2013 Q2
16 quarters
|
|
21
Amazon
AMZN
$2.9T
| $102M | 0.66% |
2,117,140
-302,520
| -13% | -$14.4M |
2013 Q2
16 quarters
|
|
22
STAG Industrial
STAG
$7.25B
| $101M | 0.65% |
3,658,661
+1,356,275
| +59% | +$36.3M |
2014 Q2
12 quarters
|
|
23
UnitedHealth
UNH
$356B
| $99.4M | 0.64% |
536,255
+85,545
| +19% | +$15M |
2013 Q2
16 quarters
|
|
24
Crown Castle
CCI
$37.8B
| $94.4M | 0.61% |
942,158
+20,773
| +2% | +$2.04M |
2013 Q2
16 quarters
|
|
25
Equity Lifestyle Properties
ELS
$12.3B
| $92.8M | 0.59% |
2,148,788
-324,828
| -13% | -$13.5M |
2014 Q3
11 quarters
|
|
Similar funds
Nuveen's Q2 2017 Portfolio in Review
As of Q2 2017, Nuveen held 1,446 positions worth $15.6B, down 7.2% from $16.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Nuveen withdrew a net $1.42B in Q2 2017, closing 352 positions and reducing 626 holdings. Its most notable exit was Regency Centers, an estimated $24.5M position sold in full.
By sector, the portfolio is most concentrated in Real Estate at 35% of assets, up from 33% a quarter earlier, followed by Financials and Technology.
Against the trend, Nuveen opened a new position in Government Properties Income Trust worth $25.9M.
- Nuveen's largest Q2 2017 buy was Government Properties Income Trust: 1,411,842 shares worth $25.9M.
- Nuveen added most to Boston Properties in Q2 2017, an estimated $77.9M increase.
- Nuveen's biggest Q2 2017 reduction was Kilroy Realty, cutting an estimated $64.1M.
- Nuveen fully exited Regency Centers in Q2 2017, selling an estimated $24.5M.
- Nuveen's ten largest holdings make up 14% of its $15.6B portfolio in Q2 2017.
- Nuveen opened 83 new positions and closed 352 in Q2 2017.
- Nuveen's portfolio value fell 7.2% quarter-over-quarter to $15.6B.
Based on Nuveen's 13F filing for Q2 2017, filed 14 Aug 2017.