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Nuveen Floating Rate Income Fund

95 hedge funds and large institutions have $171M invested in Nuveen Floating Rate Income Fund in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 22 increasing their positions, 31 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.04% more ownership

Funds ownership: 36.74%39.78% (+3%)

12% less funds holding

Funds holding: 10895 (-13)

20% less capital invested

Capital invested by funds: $214M → $171M (-$43.3M)

29% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 31

34% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 29

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
95
Holders Change
-13
Holders Change %
-12.04%
% of All Funds
2.09%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
19
Increased
22
Reduced
31
Closed
29
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MC
26
Matisse Capital
Oregon
$1.17M +$1.44M +155,025 New
PPA
27
Parametric Portfolio Associates
Washington
$1.16M +$723K +77,988 +104%
MAFM
28
Mid Atlantic Financial Management
Pennsylvania
$858K -$22.2K -2,400 -2%
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$793K -$56.4K -6,090 -5%
MIG
30
Mariner Investment Group
New York
$765K -$287K -31,000 -23%
WS
31
Wela Strategies
Georgia
$724K +$12.7K +1,366 +1%
Thrivent Financial for Lutherans
32
Thrivent Financial for Lutherans
Minnesota
$692K +$198K +21,402 +31%
Koshinski Asset Management
33
Koshinski Asset Management
Illinois
$679K +$178K +19,200 +27%
CFGS
34
Concourse Financial Group Securities
Alabama
$677K +$48.1K +5,187 +6%
HF
35
HRT Financial
New York
$647K +$794K +85,700 New
EIA
36
Edgemoor Investment Advisors
Maryland
$644K
Cambridge Investment Research Advisors
37
Cambridge Investment Research Advisors
Iowa
$585K -$154K -16,568 -18%
Osaic Holdings
38
Osaic Holdings
Arizona
$580K +$713K +76,929 New
ECM
39
ExodusPoint Capital Management
New York
$549K +$674K +72,685 New
PAG
40
Private Advisor Group
New Jersey
$531K -$228K -24,601 -26%
APW
41
Aurora Private Wealth
New Jersey
$530K +$271K +29,213 +71%
Cohen & Steers
42
Cohen & Steers
New York
$476K -$120K -12,930 -17%
Envestnet Asset Management
43
Envestnet Asset Management
Illinois
$426K +$133K +14,328 +34%
PAS
44
Park Avenue Securities
New York
$421K +$121K +13,035 +30%
CI
45
Conning Inc
Connecticut
$408K
SIC
46
Samalin Investment Counsel
New York
$394K -$37K -3,988 -7%
Citadel Advisors
47
Citadel Advisors
Florida
$362K +$445K +48,005 New
RJFSA
48
Raymond James Financial Services Advisors
Florida
$358K -$45.7K -4,936 -9%
Truist Financial
49
Truist Financial
North Carolina
$356K -$37.2K -4,015 -8%
OIA
50
Optimum Investment Advisors
Illinois
$319K -$88K -9,500 -18%

JFR Hedge Fund Activity: Q1 2020 in Review

95 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q1 2020, worth a combined $171M — down 20% from $214M a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of JFR and 19 opened new positions — a net loss of 10 holders — while 31 trimmed existing stakes and 22 added.

The largest buyer was Saba Capital Management, opening a new position worth an estimated $26M. The largest seller was UBS Group, cutting an estimated $11.1M.

  • 95 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q1 2020, down from 108 in Q4 2019.
  • Funds reported $171M of Nuveen Floating Rate Income Fund stock for Q1 2020, down 20% quarter-over-quarter.
  • 19 funds opened new Nuveen Floating Rate Income Fund positions in Q1 2020 and 29 closed out, a net change of -10 holders.
  • The largest Nuveen Floating Rate Income Fund buyer in Q1 2020 was Saba Capital Management, an estimated $26M added.
  • The largest Nuveen Floating Rate Income Fund seller in Q1 2020 was UBS Group, an estimated $11.1M sold.

Based on aggregated 13F filings for Q1 2020.