Nuveen Floating Rate Income Fund
82 hedge funds and large institutions have $200M invested in Nuveen Floating Rate Income Fund in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 26 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
8% more capital invested
Capital invested by funds: $184M → $200M (+$15.2M)
8% more funds holding
Funds holding: 76 → 82 (+6)
2.1% more ownership
Funds ownership: 33.15% → 35.25% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$9.25M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$8.91M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.22M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.06M |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$8.82M |
| 2 |
RVPG
Relative Value Partners Group
|
-$3.99M |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$2.74M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.13M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
76
Blume Capital Management
Berkeley,
California
| $15K | – | – | – |
|
77
First Manhattan
New York
| $10K | – | – | – |
|
|
FWM
78
Focused Wealth Management
Newburgh,
New York
| $10K | – | – | – |
|
|
DADC
79
D.A. Davidson & Co
Great Falls,
Montana
| $8K | -$69.4K | -7,000 | -90% |
|
|
PCM
80
Penserra Capital Management
Orinda,
California
| $7K | +$6.37K | +642 | New |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| $5K | +$4.96K | +500 | New |
|
|
HR
82
Howe & Rusling
Rochester,
New York
| $4K | +$3.97K | +400 | New |
|
83
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$140K | -13,962 | Closed |
|
|
IT
84
Independence Trust
Franklin,
Tennessee
| – | -$131K | -13,016 | Closed |
|
|
FHC
85
First Houston Capital
Houston,
Texas
| – | -$105K | -10,400 | Closed |
|
86
First Trust Advisors
Wheaton,
Illinois
| – | -$103K | -10,265 | Closed |
|
|
RPG
87
Risk Paradigm Group
Austin,
Texas
| – | -$5.57K | -554 | Closed |
|
|
AFP
88
Ausdal Financial Partners
Davenport,
Iowa
| – | +$30 | +3 | New |
|
JFR Hedge Fund Activity: Q4 2015 in Review
82 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q4 2015, worth a combined $200M — up 8.3% from $184M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new JFR positions and 5 closed out — a net gain of 6 holders — while 22 added to existing stakes and 26 trimmed.
The largest buyer was Eaton Vance Management, adding an estimated $9.25M. The largest seller was Invesco, cutting an estimated $8.82M.
- 82 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q4 2015, up from 76 in Q3 2015.
- Funds reported $200M of Nuveen Floating Rate Income Fund stock for Q4 2015, up 8.3% quarter-over-quarter.
- 11 funds opened new Nuveen Floating Rate Income Fund positions in Q4 2015 and 5 closed out, a net change of +6 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q4 2015 was Eaton Vance Management, an estimated $9.25M added.
- The largest Nuveen Floating Rate Income Fund seller in Q4 2015 was Invesco, an estimated $8.82M sold.
Based on aggregated 13F filings for Q4 2015.