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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
Stifel Financial
51
Stifel Financial
Missouri
$147K +$141K +13,188 New
CA
52
Cetera Advisors
Colorado
$125K
First Trust Advisors
53
First Trust Advisors
Illinois
$116K -$6.43K -600 -5%
PNC Financial Services Group
54
PNC Financial Services Group
Pennsylvania
$114K -$11.5K -1,077 -9%
Millennium Management
55
Millennium Management
New York
$114K +$111K +10,362 New
RVPG
56
Relative Value Partners Group
$110K
SEIA
57
Signature Estate & Investment Advisors
California
$109K
MFS
58
MSI Financial Services
Massachusetts
$74K +$23.2K +2,165 +47%
WEC
59
Winslow Evans & Crocker
Massachusetts
$69K
WA
60
WFG Advisors
Texas
$62K -$3K -280 -5%
AA
61
Apriem Advisors
California
$52K
GWM
62
Geneos Wealth Management
Colorado
$46K
Citigroup
63
Citigroup
New York
$42K -$13.6K -1,271 -25%
AG
64
Advisor Group
Arizona
$40K
Creative Planning
65
Creative Planning
Kansas
$39K -$4.29K -400 -10%
WIC
66
Woodmont Investment Counsel
Tennessee
$18K +$17.1K +1,597 New
DADC
67
D.A. Davidson & Co
Montana
$17K +$8.73K +814 +102%
FWM
68
Focused Wealth Management
New York
$11K
WP
69
WealthPLAN Partners
Nebraska
$10K
PCM
70
Penserra Capital Management
California
$8K +$2.05K +191 +33%
HR
71
Howe & Rusling
New York
$4K
RCM
72
Rivernorth Capital Management
Florida
-$4.22M -407,697 Closed
MIG
73
Mariner Investment Group
New York
-$1.61M -155,373 Closed
LCM
74
Laurion Capital Management
New York
-$737K -71,323 Closed
SCM
75
Southport Capital Management
Tennessee
-$518K -50,119 Closed

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.