Nuveen Floating Rate Income Fund
170 hedge funds and large institutions have $335M invested in Nuveen Floating Rate Income Fund in 2023 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 71 increasing their positions, 7 reducing their positions, and 10 closing their positions.
914% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 7
710% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 10
133% more capital invested
Capital invested by funds: $144M → $335M (+$191M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
70% more funds holding
Funds holding: 100 → 170 (+70)
1.63% less ownership
Funds ownership: 32.06% → 30.43% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$23.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$12M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$10.5M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$9.73M |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$9.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$836K |
| 2 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
-$750K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$704K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$669K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$397K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Cerity Partners
New York
| – | -$231K | -29,283 | Closed |
|
|
AC
177
Almitas Capital
Santa Monica,
California
| – | -$88.4K | -10,941 | Closed |
|
|
CWM
178
CarsonAllaria Wealth Management
Glen Carbon,
Illinois
| – | -$33.7K | -4,273 | Closed |
|
|
BAM
179
Bellevue Asset Management
Bellevue,
Washington
| – | -$3.94K | -500 | Closed |
|
|
HIA
180
Harbor Investment Advisory
Lutherville,
Maryland
| – | -$24 | -3 | Closed |
|
181
Fidelity Investments
Boston,
Massachusetts
| – | -$8 | -1 | Closed |
|
JFR Hedge Fund Activity: Q3 2023 in Review
170 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q3 2023, worth a combined $335M — up 133% from $144M a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new JFR positions and 10 closed out — a net gain of 71 holders — while 71 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $23.6M. The largest seller was Logan Stone Capital, exiting entirely with an estimated $836K sold.
- 170 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q3 2023, up from 100 in Q2 2023.
- Funds reported $335M of Nuveen Floating Rate Income Fund stock for Q3 2023, up 133% quarter-over-quarter.
- 81 funds opened new Nuveen Floating Rate Income Fund positions in Q3 2023 and 10 closed out, a net change of +71 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q3 2023 was Morgan Stanley, an estimated $23.6M added.
- The largest Nuveen Floating Rate Income Fund seller in Q3 2023 was Logan Stone Capital, an estimated $836K sold.
Based on aggregated 13F filings for Q3 2023.