Nuveen Floating Rate Income Fund
175 hedge funds and large institutions have $338M invested in Nuveen Floating Rate Income Fund in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 57 increasing their positions, 52 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
10% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 52
0% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 24
1% less funds holding
Funds holding: 177 → 175 (-2)
5.8% less ownership
Funds ownership: 34.64% → 28.83% (-5.8%)
12% less capital invested
Capital invested by funds: $382M → $338M (-$44.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.92M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.26M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.14M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.59M |
| 5 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$50.4M |
| 2 |
Goldman Sachs
New York
|
-$7.65M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.8M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$4.43M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$3.55M |
JFR Hedge Fund Activity: Q1 2024 in Review
175 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q1 2024, worth a combined $338M — down 12% from $382M a quarter earlier.
Fund positioning in JFR was balanced in Q1 2024: 24 funds opened new positions, 24 closed out, 57 added to existing stakes and 52 trimmed.
The largest buyer was Bank of America, adding an estimated $3.92M. The largest seller was Morgan Stanley, cutting an estimated $50.4M.
- 175 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q1 2024, down from 177 in Q4 2023.
- Funds reported $338M of Nuveen Floating Rate Income Fund stock for Q1 2024, down 12% quarter-over-quarter.
- 24 funds opened new Nuveen Floating Rate Income Fund positions in Q1 2024 and 24 closed out, a net change of 0 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q1 2024 was Bank of America, an estimated $3.92M added.
- The largest Nuveen Floating Rate Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $50.4M sold.
Based on aggregated 13F filings for Q1 2024.