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.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+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: 76 → 70 (-6)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
76
Hollencrest Capital Management
Newport Beach,
California
| – | -$220K | -21,295 | Closed |
|
77
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$201K | -19,452 | Closed |
|
|
AIM
78
Allen Investment Management
New York
| – | -$149K | -14,441 | Closed |
|
|
BTS
79
BB&T Securities
Richmond,
Virginia
| – | -$130K | -12,650 | Closed |
|
80
Franklin Resources
San Mateo,
California
| – | -$103K | -10,000 | Closed |
|
81
SEI Investments
Oaks,
Pennsylvania
| – | -$35K | -3,400 | Closed |
|
82
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$25K | -2,455 | Closed |
|
|
BCM
83
Blume Capital Management
Berkeley,
California
| – | -$16K | -1,500 | 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.