Nuveen Floating Rate Income Fund
73 hedge funds and large institutions have $165M invested in Nuveen Floating Rate Income Fund in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 21 reducing their positions, and 16 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 21
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $168M → $165M (-$2.45M)
1.12% less ownership
Funds ownership: 26.43% → 25.31% (-1.1%)
12% less funds holding
Funds holding: 83 → 73 (-10)
63% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$7.9M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$4.55M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.83M |
| 4 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
+$1.08M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$575K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$8.56M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
-$4.41M |
| 3 |
LPL Financial
San Diego,
California
|
-$3.83M |
| 4 |
Morgan Stanley
New York
|
-$1.82M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.69M |
JFR Hedge Fund Activity: Q2 2017 in Review
73 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q2 2017, worth a combined $165M — down 1.5% from $168M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of JFR and 6 opened new positions — a net loss of 10 holders — while 21 trimmed existing stakes and 29 added.
The largest buyer was Invesco, adding an estimated $7.9M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $8.56M sold.
- 73 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q2 2017, down from 83 in Q1 2017.
- Funds reported $165M of Nuveen Floating Rate Income Fund stock for Q2 2017, down 1.5% quarter-over-quarter.
- 6 funds opened new Nuveen Floating Rate Income Fund positions in Q2 2017 and 16 closed out, a net change of -10 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q2 2017 was Invesco, an estimated $7.9M added.
- The largest Nuveen Floating Rate Income Fund seller in Q2 2017 was Laurion Capital Management, an estimated $8.56M sold.
Based on aggregated 13F filings for Q2 2017.