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Nuveen Floating Rate Income Fund

70 hedge funds and large institutions have $197M invested in Nuveen Floating Rate Income Fund in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

14% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 21

3% more capital invested

Capital invested by funds: $191M → $197M (+$6.29M)

1.18% less ownership

Funds ownership: 33.56%32.38% (-1.2%)

8% less funds holding

Funds holding: 7670 (-6)

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

Holders
70
Holders Change
-6
Holders Change %
-7.89%
% of All Funds
1.87%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
7
Increased
24
Reduced
21
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CI
26
Conning Inc
Connecticut
$947K
CIA
27
Capital Investment Advisors
Georgia
$911K -$45.6K -4,249 -5%
Commonwealth Equity Services
28
Commonwealth Equity Services
Massachusetts
$874K +$232K +21,593 +37%
LTFS
29
Ladenburg Thalmann Financial Services
Florida
$697K +$5.85K +546 +0.9%
PAG
30
Private Advisor Group
New Jersey
$643K +$186K +17,351 +42%
SPC
31
Sigma Planning Corp
Michigan
$518K +$43.9K +4,098 +10%
OIA
32
Optimum Investment Advisors
Illinois
$463K +$27.9K +2,600 +7%
HK
33
Horizon Kinetics
New York
$433K -$33.3K -3,105 -7%
SSWM
34
Sheets Smith Wealth Management
North Carolina
$415K -$4.29K -400 -1%
IA
35
IFP Advisors
Florida
$400K +$13.9K +1,300 +4%
RJFSA
36
Raymond James Financial Services Advisors
Florida
$382K +$21.4K +2,000 +6%
TC
37
Telemus Capital
Michigan
$377K +$82.7K +7,715 +29%
Koshinski Asset Management
38
Koshinski Asset Management
Illinois
$363K -$42.9K -4,000 -11%
TIA
39
Tiemann Investment Advisors
California
$324K +$407 +38 +0.1%
Royal Bank of Canada
40
Royal Bank of Canada
Ontario, Canada
$323K -$18.9K -1,764 -6%
ZA
41
Zazove Associates
Nevada
$295K -$287K -26,758 Closed
ASN
42
Advisory Services Network
Georgia
$255K +$16.2K +1,515 +7%
SRCM
43
Swift Run Capital Management
Virginia
$254K
NFG
44
Next Financial Group
Texas
$250K +$221K +20,609 +982%
JIP
45
Jaffetilchin Investment Partners
Florida
$227K +$221K +20,581 New
WS
46
Wedbush Securities
California
$208K +$202K +18,875 New
CIC
47
Carnegie Investment Counsel
Ohio
$207K
JMPWA
48
JP Morgan Private Wealth Advisors
California
$200K
Janney Montgomery Scott
49
Janney Montgomery Scott
Pennsylvania
$200K +$195K +18,167 New
WP
50
WealthSource Partners
California
$167K

JFR Hedge Fund Activity: Q3 2016 in Review

70 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q3 2016, worth a combined $197M — up 3.3% from $191M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of JFR and 7 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 24 added.

The largest buyer was Bank of America, adding an estimated $3.21M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $4.22M sold.

  • 70 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q3 2016, down from 76 in Q2 2016.
  • Funds reported $197M of Nuveen Floating Rate Income Fund stock for Q3 2016, up 3.3% quarter-over-quarter.
  • 7 funds opened new Nuveen Floating Rate Income Fund positions in Q3 2016 and 13 closed out, a net change of -6 holders.
  • The largest Nuveen Floating Rate Income Fund buyer in Q3 2016 was Bank of America, an estimated $3.21M added.
  • The largest Nuveen Floating Rate Income Fund seller in Q3 2016 was Rivernorth Capital Management, an estimated $4.22M sold.

Based on aggregated 13F filings for Q3 2016.