Nuveen Core Equity Alpha Fund
JCE
37 hedge funds and large institutions have $47.6M invested in Nuveen Core Equity Alpha Fund in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 7 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
17% more capital invested
Capital invested by funds: $40.7M → $47.6M (+$6.89M)
0.65% more ownership
Funds ownership: 23.67% → 24.32% (+0.65%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 41 → 37 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.48M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$783K |
| 3 |
LPL Financial
San Diego,
California
|
+$496K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$383K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$353K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$801K |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
-$790K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$277K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$188K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$179K |
JCE Hedge Fund Activity: Q2 2020 in Review
37 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Core Equity Alpha Fund (JCE) for Q2 2020, worth a combined $47.6M — up 17% from $40.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of JCE and 3 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 14 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.48M. The largest seller was Shaker Financial Services, cutting an estimated $801K.
- 37 institutional investors held Nuveen Core Equity Alpha Fund (JCE) as of Q2 2020, down from 41 in Q1 2020.
- Funds reported $47.6M of Nuveen Core Equity Alpha Fund stock for Q2 2020, up 17% quarter-over-quarter.
- 3 funds opened new Nuveen Core Equity Alpha Fund positions in Q2 2020 and 7 closed out, a net change of -4 holders.
- The largest Nuveen Core Equity Alpha Fund buyer in Q2 2020 was Karpus Investment Management, an estimated $1.48M added.
- The largest Nuveen Core Equity Alpha Fund seller in Q2 2020 was Shaker Financial Services, an estimated $801K sold.
Based on aggregated 13F filings for Q2 2020.