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Nuveen Floating Rate Income Fund

76 hedge funds and large institutions have $191M invested in Nuveen Floating Rate Income Fund in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $196M → $191M (-$5.12M)

8% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 25

1.59% less ownership

Funds ownership: 35.15%33.56% (-1.6%)

4% less funds holding

Funds holding: 7976 (-3)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

Holders
76
Holders Change
-3
Holders Change %
-3.8%
% of All Funds
2.03%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
23
Reduced
25
Closed
9
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
$28.4M
RCA
2
Restructuring Capital Associates
Connecticut
$18.9M -$2.88M -279,655 -13%
Morgan Stanley
3
Morgan Stanley
New York
$18.6M +$941K +91,349 +5%
Invesco
4
Invesco
Georgia
$18M +$103K +9,978 +0.6%
EVM
5
Eaton Vance Management
Massachusetts
$13.9M
PMG
6
Private Management Group
California
$13.2M -$88.7K -8,610 -0.7%
Bank of America
7
Bank of America
North Carolina
$12.2M -$111K -10,747 -0.9%
GC
8
Guggenheim Capital
Illinois
$7.62M -$439K -42,565 -5%
Wells Fargo
9
Wells Fargo
California
$7.54M +$2.01M +195,116 +37%
JP Morgan Chase
10
JP Morgan Chase
New York
$5.35M
RCM
11
Rivernorth Capital Management
Florida
$4.22M -$1.83M -177,289 -30%
UCFA
12
United Capital Financial Advisors
Texas
$3.33M -$350K -33,933 -9%
MGAM
13
McGowan Group Asset Management
Texas
$3.2M +$585K +56,774 +23%
YMRC
14
Yorktown Management & Research Company
Virginia
$3.08M -$848K -82,261 -22%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$2.89M -$323K -31,360 -10%
UBS Group
16
UBS Group
Switzerland
$2.85M +$81.9K +7,944 +3%
LPL Financial
17
LPL Financial
California
$2.85M -$2.41M -234,318 -46%
Cohen & Steers
18
Cohen & Steers
New York
$2.81M +$328K +31,826 +13%
CS
19
Credit Suisse
Switzerland
$2.06M +$206K +20,000 +11%
MIG
20
Mariner Investment Group
New York
$1.61M -$2.45M -238,004 -61%
LVP
21
Limestone Value Partners
Texas
$1.54M +$49.5K +4,800 +3%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$1.27M +$15.7K +1,524 +1%
OC
23
Oppenheimer & Co
New York
$1.24M +$975K +94,599 +382%
Ameriprise
24
Ameriprise
Minnesota
$1.07M +$36K +3,497 +3%
CIA
25
Capital Investment Advisors
Georgia
$898K -$118K -11,457 -12%

JFR Hedge Fund Activity: Q2 2016 in Review

76 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q2 2016, worth a combined $191M — down 2.6% from $196M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of JFR and 7 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 23 added.

The largest buyer was Wells Fargo, adding an estimated $2.01M. The largest seller was Restructuring Capital Associates, cutting an estimated $2.88M.

  • 76 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q2 2016, down from 79 in Q1 2016.
  • Funds reported $191M of Nuveen Floating Rate Income Fund stock for Q2 2016, down 2.6% quarter-over-quarter.
  • 7 funds opened new Nuveen Floating Rate Income Fund positions in Q2 2016 and 9 closed out, a net change of -2 holders.
  • The largest Nuveen Floating Rate Income Fund buyer in Q2 2016 was Wells Fargo, an estimated $2.01M added.
  • The largest Nuveen Floating Rate Income Fund seller in Q2 2016 was Restructuring Capital Associates, an estimated $2.88M sold.

Based on aggregated 13F filings for Q2 2016.