Nuveen Core Equity Alpha Fund
JCE
28 hedge funds and large institutions have $54.1M invested in Nuveen Core Equity Alpha Fund in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 7 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
7% more capital invested
Capital invested by funds: $50.4M → $54.1M (+$3.77M)
0.76% more ownership
Funds ownership: 18.51% → 19.28% (+0.76%)
15% less funds holding
Funds holding: 33 → 28 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.41M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.56M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.22M |
| 4 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
+$1.09M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$475K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.62M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.07M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$941K |
| 4 |
SG Americas Securities
New York
|
-$510K |
| 5 |
MNBTD
Moody National Bank Trust Division
Galveston,
Texas
|
-$425K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $6K | -$23.8K | -1,387 | -81% |
|
|
HF
27
Hoxton Financial
Shepherdstown,
West Virginia
| $6K | +$6.03K | +351 | New |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $2K | -$8.46K | -493 | -84% |
|
|
SFS
29
Shaker Financial Services
Arlington,
Virginia
| – | -$2.62M | -153,992 | Closed |
|
|
KIM
30
Karpus Investment Management
Pittsford,
New York
| – | -$2.07M | -121,890 | Closed |
|
|
31
SG Americas Securities
New York
| – | -$510K | -30,037 | Closed |
|
|
MNBTD
32
Moody National Bank Trust Division
Galveston,
Texas
| – | -$425K | -25,000 | Closed |
|
33
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$131K | -7,726 | Closed |
|
|
ASN
34
Advisory Services Network
Atlanta,
Georgia
| – | -$47K | -2,772 | Closed |
|
|
BBPWM
35
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$26K | -1,558 | Closed |
|
JCE Hedge Fund Activity: Q1 2014 in Review
28 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Nuveen Core Equity Alpha Fund (JCE) for Q1 2014, worth a combined $54.1M — up 7.5% from $50.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of JCE and 2 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 13 added.
The largest buyer was Advisors Asset Management, adding an estimated $4.41M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.62M sold.
- 28 institutional investors held Nuveen Core Equity Alpha Fund (JCE) as of Q1 2014, down from 33 in Q4 2013.
- Funds reported $54.1M of Nuveen Core Equity Alpha Fund stock for Q1 2014, up 7.5% quarter-over-quarter.
- 2 funds opened new Nuveen Core Equity Alpha Fund positions in Q1 2014 and 7 closed out, a net change of -5 holders.
- The largest Nuveen Core Equity Alpha Fund buyer in Q1 2014 was Advisors Asset Management, an estimated $4.41M added.
- The largest Nuveen Core Equity Alpha Fund seller in Q1 2014 was Shaker Financial Services, an estimated $2.62M sold.
Based on aggregated 13F filings for Q1 2014.