Nuveen Floating Rate Income Fund
73 hedge funds and large institutions have $153M invested in Nuveen Floating Rate Income Fund in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 6 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0% more funds holding
Funds holding: 73 → 73 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.68% less ownership
Funds ownership: 25.31% → 23.63% (-1.7%)
8% less capital invested
Capital invested by funds: $165M → $153M (-$12.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.97M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$1M |
| 3 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
+$681K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$486K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
-$7.5M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
-$6.42M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$814K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$614K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$562K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
76
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$74.1K | -6,255 | Closed |
|
77
Creative Planning
Overland Park,
Kansas
| – | -$39K | -3,324 | Closed |
|
|
DADC
78
D.A. Davidson & Co
Great Falls,
Montana
| – | -$19K | -1,614 | Closed |
|
|
VWA
79
V Wealth Advisors
Overland Park,
Kansas
| – | -$9K | -750 | Closed |
|
JFR Hedge Fund Activity: Q3 2017 in Review
73 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q3 2017, worth a combined $153M — down 7.8% from $165M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new JFR positions and 6 closed out — a net gain of 1 holder — while 31 added to existing stakes and 21 trimmed.
The largest buyer was Janney Montgomery Scott, adding an estimated $2.97M. The largest seller was Restructuring Capital Associates, cutting an estimated $7.5M.
- 73 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $153M of Nuveen Floating Rate Income Fund stock for Q3 2017, down 7.8% quarter-over-quarter.
- 7 funds opened new Nuveen Floating Rate Income Fund positions in Q3 2017 and 6 closed out, a net change of +1 holder.
- The largest Nuveen Floating Rate Income Fund buyer in Q3 2017 was Janney Montgomery Scott, an estimated $2.97M added.
- The largest Nuveen Floating Rate Income Fund seller in Q3 2017 was Restructuring Capital Associates, an estimated $7.5M sold.
Based on aggregated 13F filings for Q3 2017.