Nuveen Floating Rate Income Fund
66 hedge funds and large institutions have $156M invested in Nuveen Floating Rate Income Fund in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
18% more capital invested
Capital invested by funds: $133M → $156M (+$23.5M)
10% more funds holding
Funds holding: 60 → 66 (+6)
1.74% more ownership
Funds ownership: 21.99% → 23.74% (+1.7%)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$20.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.02M |
| 3 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
+$2.04M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$574K |
| 5 |
PC
Perry Capital
New York
|
+$488K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.34M |
| 2 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
-$1.22M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.11M |
| 4 |
Morgan Stanley
New York
|
-$791K |
| 5 |
Citigroup
New York
|
-$618K |
JFR Hedge Fund Activity: Q4 2013 in Review
66 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q4 2013, worth a combined $156M — up 18% from $133M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new JFR positions and 7 closed out — a net gain of 6 holders — while 21 added to existing stakes and 20 trimmed.
The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $20.5M. The largest seller was Guggenheim Capital, cutting an estimated $2.34M.
- 66 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q4 2013, up from 60 in Q3 2013.
- Funds reported $156M of Nuveen Floating Rate Income Fund stock for Q4 2013, up 18% quarter-over-quarter.
- 13 funds opened new Nuveen Floating Rate Income Fund positions in Q4 2013 and 7 closed out, a net change of +6 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q4 2013 was Baillie Gifford & Co, an estimated $20.5M added.
- The largest Nuveen Floating Rate Income Fund seller in Q4 2013 was Guggenheim Capital, an estimated $2.34M sold.
Based on aggregated 13F filings for Q4 2013.