Nuveen Diversified Dividend and Income Fund
JDD
JDD was delisted on the 19th of November, 2021.
48 hedge funds and large institutions have $27.6M invested in Nuveen Diversified Dividend and Income Fund in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 9 closing their positions.
11% more capital invested
Capital invested by funds: $24.9M → $27.6M (+$2.73M)
14% less funds holding
Funds holding: 56 → 48 (-8)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.97M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.13M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$247K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$165K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.68M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.44M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$441K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$335K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$298K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Goldman Sachs
New York
| – | -$186K | -24,042 | Closed |
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$108K | -13,999 | Closed |
|
|
LCP
53
Legacy Capital Partners
Milwaukee,
Wisconsin
| – | -$104K | -13,500 | Closed |
|
|
PAG
54
Private Advisor Group
Morristown,
New Jersey
| – | -$53K | -6,867 | Closed |
|
|
CAN
55
Cetera Advisor Networks
El Segundo,
California
| – | -$41K | -5,246 | Closed |
|
56
US Bancorp
Minneapolis,
Minnesota
| – | -$14K | -1,800 | Closed |
|
|
AF
57
Advisornet Financial
Minnetonka,
Minnesota
| – | -$3K | -337 | Closed |
|
JDD Hedge Fund Activity: Q3 2020 in Review
48 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nuveen Diversified Dividend and Income Fund (JDD) for Q3 2020, worth a combined $27.6M — up 11% from $24.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of JDD and 1 opened new positions — a net loss of 8 holders — while 23 trimmed existing stakes and 15 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $5.97M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.68M sold.
- 48 institutional investors held Nuveen Diversified Dividend and Income Fund (JDD) as of Q3 2020, down from 56 in Q2 2020.
- Funds reported $27.6M of Nuveen Diversified Dividend and Income Fund stock for Q3 2020, up 11% quarter-over-quarter.
- 1 fund opened new Nuveen Diversified Dividend and Income Fund positions in Q3 2020 and 9 closed out, a net change of -8 holders.
- The largest Nuveen Diversified Dividend and Income Fund buyer in Q3 2020 was Saba Capital Management, an estimated $5.97M added.
- The largest Nuveen Diversified Dividend and Income Fund seller in Q3 2020 was Shaker Financial Services, an estimated $1.68M sold.
Based on aggregated 13F filings for Q3 2020.