Nuveen Core Equity Alpha Fund
JCE
31 hedge funds and large institutions have $41.2M invested in Nuveen Core Equity Alpha Fund in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 5 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
13% more capital invested
Capital invested by funds: $36.5M → $41.2M (+$4.71M)
3.06% more ownership
Funds ownership: 16.61% → 19.67% (+3.1%)
6% less funds holding
Funds holding: 33 → 31 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.5M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2M |
| 3 |
Citigroup
New York
|
+$1.81M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.39M |
| 5 |
LCM
Laurion Capital Management
New York
|
+$808K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.58M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$769K |
| 3 |
Morgan Stanley
New York
|
-$543K |
| 4 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$193K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$166K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $42K | – | – | – |
|
|
BBPWM
27
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $27K | +$25.2K | +1,900 | +1,900% |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $10K | -$6.62K | -500 | -40% |
|
|
SIM
29
Sonora Investment Management
Tucson,
Arizona
| $9.16K | – | – | – |
|
|
PSUF
30
People's United Financial
Bridgeport,
Connecticut
| $8K | – | – | – |
|
|
WB
31
Webster Bank
Waterbury,
Connecticut
| $3K | +$2.65K | +200 | New |
|
|
32
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$769K | -56,007 | Closed |
|
|
FNBT
33
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$193K | -13,765 | Closed |
|
|
TC
34
TFS Capital
West Chester,
Pennsylvania
| – | -$166K | -12,094 | Closed |
|
|
DA
35
Doliver Advisors
Houston,
Texas
| – | -$139K | -10,126 | Closed |
|
36
Creative Planning
Overland Park,
Kansas
| – | -$21K | -1,553 | Closed |
|
JCE Hedge Fund Activity: Q4 2016 in Review
31 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen Core Equity Alpha Fund (JCE) for Q4 2016, worth a combined $41.2M — up 13% from $36.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of JCE and 3 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Shaker Financial Services, adding an estimated $3.5M. The largest seller was Advisors Asset Management, cutting an estimated $1.58M.
- 31 institutional investors held Nuveen Core Equity Alpha Fund (JCE) as of Q4 2016, down from 33 in Q3 2016.
- Funds reported $41.2M of Nuveen Core Equity Alpha Fund stock for Q4 2016, up 13% quarter-over-quarter.
- 3 funds opened new Nuveen Core Equity Alpha Fund positions in Q4 2016 and 5 closed out, a net change of -2 holders.
- The largest Nuveen Core Equity Alpha Fund buyer in Q4 2016 was Shaker Financial Services, an estimated $3.5M added.
- The largest Nuveen Core Equity Alpha Fund seller in Q4 2016 was Advisors Asset Management, an estimated $1.58M sold.
Based on aggregated 13F filings for Q4 2016.