Nuveen Core Equity Alpha Fund
JCE
33 hedge funds and large institutions have $50.4M invested in Nuveen Core Equity Alpha Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
29% more capital invested
Capital invested by funds: $39M → $50.4M (+$11.4M)
14% more funds holding
Funds holding: 29 → 33 (+4)
2.83% more ownership
Funds ownership: 15.68% → 18.51% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.65M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.38M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.11M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$909K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$709K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$668K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$326K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$40K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$13.4K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBPWM
26
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $26K | +$25.4K | +1,558 | New |
|
|
TJHA
27
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $21K | +$359 | +22 | +2% |
|
|
CFN
28
Cordasco Financial Network
Naples,
Florida
| $20K | +$19.6K | +1,205 | New |
|
|
WA
29
WFG Advisors
Dallas,
Texas
| $19K | – | – | – |
|
|
PSUF
30
People's United Financial
Bridgeport,
Connecticut
| $10K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $10K | +$3.28K | +201 | +52% |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| $8K | – | – | – |
|
|
RJFSA
33
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$326K | -21,024 | Closed |
|
|
34
Ameriprise
Minneapolis,
Minnesota
| – | -$40K | -2,600 | Closed |
|
35
Citigroup
New York
| – | -$3.47K | -213 | -91% |
|
JCE Hedge Fund Activity: Q4 2013 in Review
33 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Nuveen Core Equity Alpha Fund (JCE) for Q4 2013, worth a combined $50.4M — up 29% from $39M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new JCE positions and 2 closed out — a net gain of 5 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.65M. The largest seller was LPL Financial, cutting an estimated $668K.
- 33 institutional investors held Nuveen Core Equity Alpha Fund (JCE) as of Q4 2013, up from 29 in Q3 2013.
- Funds reported $50.4M of Nuveen Core Equity Alpha Fund stock for Q4 2013, up 29% quarter-over-quarter.
- 7 funds opened new Nuveen Core Equity Alpha Fund positions in Q4 2013 and 2 closed out, a net change of +5 holders.
- The largest Nuveen Core Equity Alpha Fund buyer in Q4 2013 was Karpus Investment Management, an estimated $1.65M added.
- The largest Nuveen Core Equity Alpha Fund seller in Q4 2013 was LPL Financial, an estimated $668K sold.
Based on aggregated 13F filings for Q4 2013.