Nuveen Floating Rate Income Fund
96 hedge funds and large institutions have $172M invested in Nuveen Floating Rate Income Fund in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 28 reducing their positions, and 13 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 28
1% more capital invested
Capital invested by funds: $171M → $172M (+$923K)
0.37% less ownership
Funds ownership: 33.46% → 33.09% (-0.37%)
4% less funds holding
Funds holding: 100 → 96 (-4)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.4M |
| 2 |
NCM
Next Capital Management
New York
|
+$1.52M |
| 3 |
LPL Financial
San Diego,
California
|
+$974K |
| 4 |
WS
Wela Strategies
Atlanta,
Georgia
|
+$926K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
+$816K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.93M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.68M |
| 3 |
JP Morgan Chase
New York
|
-$1.49M |
| 4 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$1.3M |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$700K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$120K | -12,139 | Closed |
|
|
JLBC
102
J.L. Bainbridge & Co
Sarasota,
Florida
| – | -$119K | -12,044 | Closed |
|
|
FAAS
103
First Allied Advisory Services
San Diego,
California
| – | -$100K | -10,171 | Closed |
|
|
RCM
104
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$85K | -8,700 | Closed |
|
|
WAP
105
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$20K | -2,000 | Closed |
|
|
IWA
106
IBEX Wealth Advisors
Bedminster,
New Jersey
| – | -$10K | -1,095 | Closed |
|
|
LWM
107
Liberty Wealth Management
Oakland,
California
| – | -$10K | -1,048 | Closed |
|
|
S
108
SignatureFD
Atlanta,
Georgia
| – | -$6K | -614 | Closed |
|
109
Fidelity Investments
Boston,
Massachusetts
| – | +$10 | +1 | New |
|
JFR Hedge Fund Activity: Q3 2019 in Review
96 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q3 2019, worth a combined $172M — up 0.54% from $171M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of JFR and 9 opened new positions — a net loss of 4 holders — while 28 trimmed existing stakes and 33 added.
The largest buyer was Morgan Stanley, adding an estimated $2.4M. The largest seller was Rivernorth Capital Management, cutting an estimated $4.93M.
- 96 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q3 2019, down from 100 in Q2 2019.
- Funds reported $172M of Nuveen Floating Rate Income Fund stock for Q3 2019, up 0.54% quarter-over-quarter.
- 9 funds opened new Nuveen Floating Rate Income Fund positions in Q3 2019 and 13 closed out, a net change of -4 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q3 2019 was Morgan Stanley, an estimated $2.4M added.
- The largest Nuveen Floating Rate Income Fund seller in Q3 2019 was Rivernorth Capital Management, an estimated $4.93M sold.
Based on aggregated 13F filings for Q3 2019.