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Nuveen Floating Rate Income Fund

88 hedge funds and large institutions have $140M invested in Nuveen Floating Rate Income Fund in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 20 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 20

0.16% more ownership

Funds ownership: 22.46%22.62% (+0.16%)

0% more funds holding

Funds holding: 8888 (0)

0% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 11

2% less capital invested

Capital invested by funds: $143M → $140M (-$2.47M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
88
Holders Change
Holders Change %
0%
% of All Funds
2.02%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
11
Increased
36
Reduced
20
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$20.6M +$2.63M +239,378 +15%
JP Morgan Chase
2
JP Morgan Chase
New York
$17.1M
Morgan Stanley
3
Morgan Stanley
New York
$12.3M +$318K +28,902 +3%
RCA
4
Restructuring Capital Associates
Connecticut
$9.36M -$462K -42,000 -5%
LCM
5
Laurion Capital Management
New York
$8.51M +$63K +5,726 +0.7%
EVM
6
Eaton Vance Management
Massachusetts
$8.39M +$4.25M +386,184 +100%
GC
7
Guggenheim Capital
Illinois
$6.96M +$382K +34,699 +6%
Invesco
8
Invesco
Georgia
$6.8M +$714K +64,903 +12%
UBS Group
9
UBS Group
Switzerland
$5.62M +$1.21M +109,853 +27%
Janney Montgomery Scott
10
Janney Montgomery Scott
Pennsylvania
$4.97M +$142K +12,912 +3%
SIA
11
Sit Investment Associates
Minnesota
$4.14M +$3.09M +281,202 +285%
AAM
12
Advisors Asset Management
Colorado
$3.45M +$113K +10,286 +3%
Wells Fargo
13
Wells Fargo
California
$3.25M -$1.19M -107,896 -27%
UCFA
14
United Capital Financial Advisors
Texas
$1.64M +$106K +9,595 +7%
Ameriprise
15
Ameriprise
Minnesota
$1.37M -$367K -33,378 -21%
RJA
16
Raymond James & Associates
Florida
$1.27M +$79.8K +7,254 +7%
WAM
17
Wolverine Asset Management
Illinois
$1.23M +$1.24M +112,574 New
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$1.18M +$62K +5,633 +6%
HFS
19
HL Financial Services
Kentucky
$1.18M +$39.6K +3,600 +3%
FWIA
20
Fort Washington Investment Advisors
Ohio
$1.17M +$121K +11,000 +11%
PAG
21
Private Advisor Group
New Jersey
$1.16M +$729K +66,208 +165%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$975K +$115K +10,470 +13%
EIA
23
Edgemoor Investment Advisors
Maryland
$955K
MCM
24
McKinley Capital Management
Alaska
$932K -$120K -10,884 -11%
SCM
25
Southport Capital Management
Tennessee
$873K -$614K -55,791 -41%

JFR Hedge Fund Activity: Q1 2018 in Review

88 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q1 2018, worth a combined $140M — down 1.7% from $143M a quarter earlier.

Fund positioning in JFR was balanced in Q1 2018: 11 funds opened new positions, 11 closed out, 36 added to existing stakes and 20 trimmed.

The largest buyer was Eaton Vance Management, adding an estimated $4.25M. The largest seller was Invesco Senior Secured Management, exiting entirely with an estimated $9.07M sold.

  • 88 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q1 2018, unchanged from Q4 2017.
  • Funds reported $140M of Nuveen Floating Rate Income Fund stock for Q1 2018, down 1.7% quarter-over-quarter.
  • 11 funds opened new Nuveen Floating Rate Income Fund positions in Q1 2018 and 11 closed out, a net change of 0 holders.
  • The largest Nuveen Floating Rate Income Fund buyer in Q1 2018 was Eaton Vance Management, an estimated $4.25M added.
  • The largest Nuveen Floating Rate Income Fund seller in Q1 2018 was Invesco Senior Secured Management, an estimated $9.07M sold.

Based on aggregated 13F filings for Q1 2018.