Nuveen Floating Rate Income Fund
108 hedge funds and large institutions have $214M invested in Nuveen Floating Rate Income Fund in 2019 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 33 increasing their positions, 28 reducing their positions, and 12 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
108% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 12
24% more capital invested
Capital invested by funds: $172M → $214M (+$41.7M)
18% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 28
13% more funds holding
Funds holding: 96 → 108 (+12)
3.65% more ownership
Funds ownership: 33.09% → 36.74% (+3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$13.1M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$10.1M |
| 3 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$3.5M |
| 4 |
Millennium Management
New York
|
+$3.22M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$7.64M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$3.92M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.16M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.14M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.04M |
JFR Hedge Fund Activity: Q4 2019 in Review
108 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q4 2019, worth a combined $214M — up 24% from $172M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new JFR positions and 12 closed out — a net gain of 13 holders — while 33 added to existing stakes and 28 trimmed.
The largest buyer was Invesco, adding an estimated $13.1M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $7.64M sold.
- 108 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q4 2019, up from 96 in Q3 2019.
- Funds reported $214M of Nuveen Floating Rate Income Fund stock for Q4 2019, up 24% quarter-over-quarter.
- 25 funds opened new Nuveen Floating Rate Income Fund positions in Q4 2019 and 12 closed out, a net change of +13 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q4 2019 was Invesco, an estimated $13.1M added.
- The largest Nuveen Floating Rate Income Fund seller in Q4 2019 was JP Morgan Chase, an estimated $7.64M sold.
Based on aggregated 13F filings for Q4 2019.