Nuveen Floating Rate Income Fund
101 hedge funds and large institutions have $158M invested in Nuveen Floating Rate Income Fund in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 26 increasing their positions, 33 reducing their positions, and 17 closing their positions.
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
6% more funds holding
Funds holding: 95 → 101 (+6)
4.3% more ownership
Funds ownership: 25.67% → 29.96% (+4.3%)
4% more capital invested
Capital invested by funds: $152M → $158M (+$5.78M)
21% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 33
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$11.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.93M |
| 3 |
Goldman Sachs
New York
|
+$6.67M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.41M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$3.16M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.26M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.16M |
| 4 |
Morgan Stanley
New York
|
-$1.28M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$940K |
JFR Hedge Fund Activity: Q4 2018 in Review
101 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q4 2018, worth a combined $158M — up 3.8% from $152M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new JFR positions and 17 closed out — a net gain of 7 holders — while 26 added to existing stakes and 33 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $11.4M. The largest seller was Nine Masts Capital, exiting entirely with an estimated $3.16M sold.
- 101 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q4 2018, up from 95 in Q3 2018.
- Funds reported $158M of Nuveen Floating Rate Income Fund stock for Q4 2018, up 3.8% quarter-over-quarter.
- 24 funds opened new Nuveen Floating Rate Income Fund positions in Q4 2018 and 17 closed out, a net change of +7 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $11.4M added.
- The largest Nuveen Floating Rate Income Fund seller in Q4 2018 was Nine Masts Capital, an estimated $3.16M sold.
Based on aggregated 13F filings for Q4 2018.