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Nuveen Floating Rate Income Fund

77 hedge funds and large institutions have $178M invested in Nuveen Floating Rate Income Fund in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

1% more funds holding

Funds holding: 7677 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.73% less ownership

Funds ownership: 28.97%28.24% (-0.73%)

8% less capital invested

Capital invested by funds: $193M → $178M (-$15.2M)

16% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 25

Holders
77
Holders Change
+1
Holders Change %
+1.32%
% of All Funds
2.23%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
21
Reduced
25
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Baillie Gifford & Co
1
Baillie Gifford & Co
United Kingdom
$31M
RCA
2
Restructuring Capital Associates
Connecticut
$24.2M +$2.8M +239,241 +13%
Invesco
3
Invesco
Georgia
$21.2M -$3.81M -325,351 -15%
GC
4
Guggenheim Capital
Illinois
$16.9M -$1.36M -116,527 -7%
Morgan Stanley
5
Morgan Stanley
New York
$16.8M +$1.14M +97,109 +7%
AAM
6
Advisors Asset Management
Colorado
$7.71M -$3.77M -321,982 -32%
Cambridge Investment Research Advisors
7
Cambridge Investment Research Advisors
Iowa
$6.57M +$6.55M +560,378 +2,600%
UCFA
8
United Capital Financial Advisors
Texas
$5M +$61.4K +5,249 +1%
Bank of America
9
Bank of America
North Carolina
$4.42M +$15.6K +1,335 +0.3%
NCM
10
Newgate Capital Management
Connecticut
$4.01M -$582K -49,772 -12%
Wells Fargo
11
Wells Fargo
California
$3.16M -$93.1K -7,956 -3%
U
12
UBS
Switzerland
$2.8M -$412K -35,214 -12%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$2.75M +$2.71K +232 +0.1%
LPL Financial
14
LPL Financial
California
$2.67M -$276K -23,597 -9%
PPA
15
Parametric Portfolio Associates
Washington
$2.26M -$156K -13,337 -6%
TAM
16
Trust Asset Management
Texas
$2.17M
VNA
17
VNBTrust National Association
Virginia
$2M
CS
18
Credit Suisse
Switzerland
$1.68M -$33.9K -2,900 -2%
HK
19
Horizon Kinetics
New York
$1.6M -$16.6K -1,422 -1%
CIA
20
Capital Investment Advisors
Georgia
$1.44M -$6.7K -573 -0.4%
BTS
21
BB&T Securities
Virginia
$1.43M +$148K +12,650 New
DA
22
Doliver Advisors
Texas
$1.24M +$704K +60,218 +121%
CA
23
Cornerstone Advisors
North Carolina
$1.15M
Ameriprise
24
Ameriprise
Minnesota
$1.03M +$577K +49,329 +116%
CI
25
Conning Inc
Connecticut
$970K

JFR Hedge Fund Activity: Q3 2014 in Review

77 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q3 2014, worth a combined $178M — down 7.9% from $193M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new JFR positions and 6 closed out — a net gain of 1 holder — while 21 added to existing stakes and 25 trimmed.

The largest buyer was Cambridge Investment Research Advisors, adding an estimated $6.55M. The largest seller was Invesco, cutting an estimated $3.81M.

  • 77 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q3 2014, up from 76 in Q2 2014.
  • Funds reported $178M of Nuveen Floating Rate Income Fund stock for Q3 2014, down 7.9% quarter-over-quarter.
  • 7 funds opened new Nuveen Floating Rate Income Fund positions in Q3 2014 and 6 closed out, a net change of +1 holder.
  • The largest Nuveen Floating Rate Income Fund buyer in Q3 2014 was Cambridge Investment Research Advisors, an estimated $6.55M added.
  • The largest Nuveen Floating Rate Income Fund seller in Q3 2014 was Invesco, an estimated $3.81M sold.

Based on aggregated 13F filings for Q3 2014.