Nuveen Floating Rate Income Fund
95 hedge funds and large institutions have $152M invested in Nuveen Floating Rate Income Fund in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 11 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
10% more capital invested
Capital invested by funds: $139M → $152M (+$13.3M)
2.37% more ownership
Funds ownership: 23.29% → 25.67% (+2.4%)
2% more funds holding
Funds holding: 93 → 95 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$4.4M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.03M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.73M |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$1.65M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.68M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.31M |
| 3 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$942K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$706K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$567K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIC
101
Carnegie Investment Counsel
Pepper Pike,
Ohio
| – | -$197K | -19,000 | Closed |
|
|
AA
102
Apriem Advisors
Irvine,
California
| – | -$37K | -3,587 | Closed |
|
103
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$32K | -3,073 | Closed |
|
104
SEI Investments
Oaks,
Pennsylvania
| – | -$6K | -567 | Closed |
|
|
HI
105
Hudock Inc
Williamsport,
Pennsylvania
| – | +$10 | +1 | +1% |
|
JFR Hedge Fund Activity: Q3 2018 in Review
95 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q3 2018, worth a combined $152M — up 9.6% from $139M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new JFR positions and 11 closed out — a net gain of 2 holders — while 37 added to existing stakes and 24 trimmed.
The largest buyer was Capital Investment Advisors, adding an estimated $4.4M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.68M sold.
- 95 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q3 2018, up from 93 in Q2 2018.
- Funds reported $152M of Nuveen Floating Rate Income Fund stock for Q3 2018, up 9.6% quarter-over-quarter.
- 13 funds opened new Nuveen Floating Rate Income Fund positions in Q3 2018 and 11 closed out, a net change of +2 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q3 2018 was Capital Investment Advisors, an estimated $4.4M added.
- The largest Nuveen Floating Rate Income Fund seller in Q3 2018 was Laurion Capital Management, an estimated $2.68M sold.
Based on aggregated 13F filings for Q3 2018.