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Nuveen Floating Rate Income Fund

82 hedge funds and large institutions have $200M invested in Nuveen Floating Rate Income Fund in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 26 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 5

8% more capital invested

Capital invested by funds: $184M → $200M (+$15.2M)

8% more funds holding

Funds holding: 7682 (+6)

2.1% more ownership

Funds ownership: 33.15%35.25% (+2.1%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

15% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 26

Holders
82
Holders Change
+6
Holders Change %
+7.89%
% of All Funds
2.15%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
11
Increased
22
Reduced
26
Closed
5
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
$28.2M
RCA
2
Restructuring Capital Associates
Connecticut
$22.4M -$520K -52,400 -2%
Morgan Stanley
3
Morgan Stanley
New York
$18.6M +$851K +85,768 +5%
Bank of America
4
Bank of America
North Carolina
$15.3M +$4.22M +425,110 +40%
EVM
5
Eaton Vance Management
Massachusetts
$14.1M +$9.25M +933,031 +211%
PMG
6
Private Management Group
California
$13.2M +$8.91M +898,742 +233%
Invesco
7
Invesco
Georgia
$10.2M -$8.82M -889,476 -47%
GC
8
Guggenheim Capital
Illinois
$8.36M -$1.84M -185,095 -18%
RCM
9
Rivernorth Capital Management
Florida
$6.11M -$2.13M -214,408 -26%
MIG
10
Mariner Investment Group
New York
$4.75M -$1.44M -145,583 -24%
UCFA
11
United Capital Financial Advisors
Texas
$4.73M -$1.24M -125,015 -21%
UBS Group
12
UBS Group
Switzerland
$4.67M -$227K -22,862 -5%
JP Morgan Chase
13
JP Morgan Chase
New York
$4.37M
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$4.1M +$101K +10,157 +3%
LPL Financial
15
LPL Financial
California
$4.08M +$2.06M +207,686 +108%
Wells Fargo
16
Wells Fargo
California
$3.22M +$260K +26,178 +9%
TAM
17
Trust Asset Management
Texas
$2.76M +$2.67M +269,589 New
PPA
18
Parametric Portfolio Associates
Washington
$2.76M +$1.04M +104,362 +63%
Cohen & Steers
19
Cohen & Steers
New York
$2.17M +$207K +20,847 +11%
KKRC
20
Kohlberg Kravis Roberts & Co
New York
$2.13M +$902K +90,900 +77%
YMRC
21
Yorktown Management & Research Company
Virginia
$1.95M +$1.39M +140,000 +280%
CS
22
Credit Suisse
Switzerland
$1.46M -$18.7K -1,885 -1%
LVP
23
Limestone Value Partners
Texas
$1.31M +$1.37M +138,458 New
CIA
24
Capital Investment Advisors
Georgia
$1.14M -$3.88K -391 -0.3%
Ameriprise
25
Ameriprise
Minnesota
$1.04M -$34.2K -3,447 -3%

JFR Hedge Fund Activity: Q4 2015 in Review

82 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q4 2015, worth a combined $200M — up 8.3% from $184M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new JFR positions and 5 closed out — a net gain of 6 holders — while 22 added to existing stakes and 26 trimmed.

The largest buyer was Eaton Vance Management, adding an estimated $9.25M. The largest seller was Invesco, cutting an estimated $8.82M.

  • 82 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q4 2015, up from 76 in Q3 2015.
  • Funds reported $200M of Nuveen Floating Rate Income Fund stock for Q4 2015, up 8.3% quarter-over-quarter.
  • 11 funds opened new Nuveen Floating Rate Income Fund positions in Q4 2015 and 5 closed out, a net change of +6 holders.
  • The largest Nuveen Floating Rate Income Fund buyer in Q4 2015 was Eaton Vance Management, an estimated $9.25M added.
  • The largest Nuveen Floating Rate Income Fund seller in Q4 2015 was Invesco, an estimated $8.82M sold.

Based on aggregated 13F filings for Q4 2015.