Nuveen Floating Rate Income Fund
105 hedge funds and large institutions have $215M invested in Nuveen Floating Rate Income Fund in 2021 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
95% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 20
11% more funds holding
Funds holding: 95 → 105 (+10)
5.06% less ownership
Funds ownership: 42.81% → 37.74% (-5.1%)
9% less capital invested
Capital invested by funds: $235M → $215M (-$20.1M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$8.06M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.94M |
| 3 |
6M
6 Meridian
Wichita,
Kansas
|
+$1.13M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.1M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$38.3M |
| 2 |
Morgan Stanley
New York
|
-$4.06M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.13M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$944K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$280K |
JFR Hedge Fund Activity: Q2 2021 in Review
105 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q2 2021, worth a combined $215M — down 8.5% from $235M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new JFR positions and 8 closed out — a net gain of 10 holders — while 39 added to existing stakes and 20 trimmed.
The largest buyer was Invesco, adding an estimated $8.06M. The largest seller was Saba Capital Management, cutting an estimated $38.3M.
- 105 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q2 2021, up from 95 in Q1 2021.
- Funds reported $215M of Nuveen Floating Rate Income Fund stock for Q2 2021, down 8.5% quarter-over-quarter.
- 18 funds opened new Nuveen Floating Rate Income Fund positions in Q2 2021 and 8 closed out, a net change of +10 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q2 2021 was Invesco, an estimated $8.06M added.
- The largest Nuveen Floating Rate Income Fund seller in Q2 2021 was Saba Capital Management, an estimated $38.3M sold.
Based on aggregated 13F filings for Q2 2021.