Nuveen Core Equity Alpha Fund
JCE
41 hedge funds and large institutions have $40.7M invested in Nuveen Core Equity Alpha Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
8% more funds holding
Funds holding: 38 → 41 (+3)
1.5% more ownership
Funds ownership: 22.17% → 23.67% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
22% less capital invested
Capital invested by funds: $52M → $40.7M (-$11.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.87M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$923K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$720K |
| 4 |
LPL Financial
San Diego,
California
|
+$619K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$237K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$859K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$558K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$473K |
| 4 |
Cohen & Steers
New York
|
-$424K |
| 5 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$280K |
JCE Hedge Fund Activity: Q1 2020 in Review
41 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Nuveen Core Equity Alpha Fund (JCE) for Q1 2020, worth a combined $40.7M — down 22% from $52M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new JCE positions and 2 closed out — a net gain of 5 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $2.87M. The largest seller was Wells Fargo, cutting an estimated $859K.
- 41 institutional investors held Nuveen Core Equity Alpha Fund (JCE) as of Q1 2020, up from 38 in Q4 2019.
- Funds reported $40.7M of Nuveen Core Equity Alpha Fund stock for Q1 2020, down 22% quarter-over-quarter.
- 7 funds opened new Nuveen Core Equity Alpha Fund positions in Q1 2020 and 2 closed out, a net change of +5 holders.
- The largest Nuveen Core Equity Alpha Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $2.87M added.
- The largest Nuveen Core Equity Alpha Fund seller in Q1 2020 was Wells Fargo, an estimated $859K sold.
Based on aggregated 13F filings for Q1 2020.