Nuveen Floating Rate Income Fund
88 hedge funds and large institutions have $143M invested in Nuveen Floating Rate Income Fund in 2017 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 24 increasing their positions, 28 reducing their positions, and 6 closing their positions.
250% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
21% more funds holding
Funds holding: 73 → 88 (+15)
1.17% less ownership
Funds ownership: 23.63% → 22.46% (-1.2%)
6% less capital invested
Capital invested by funds: $153M → $143M (-$9.85M)
14% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$7.82M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.02M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$1.12M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.12M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$807K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$16.3M |
| 2 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
-$2.65M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.35M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.23M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.11M |
JFR Hedge Fund Activity: Q4 2017 in Review
88 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q4 2017, worth a combined $143M — down 6.5% from $153M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new JFR positions and 6 closed out — a net gain of 15 holders — while 24 added to existing stakes and 28 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $7.82M. The largest seller was Invesco, cutting an estimated $16.3M.
- 88 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q4 2017, up from 73 in Q3 2017.
- Funds reported $143M of Nuveen Floating Rate Income Fund stock for Q4 2017, down 6.5% quarter-over-quarter.
- 21 funds opened new Nuveen Floating Rate Income Fund positions in Q4 2017 and 6 closed out, a net change of +15 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q4 2017 was Laurion Capital Management, an estimated $7.82M added.
- The largest Nuveen Floating Rate Income Fund seller in Q4 2017 was Invesco, an estimated $16.3M sold.
Based on aggregated 13F filings for Q4 2017.