Nuveen Floating Rate Income Fund
100 hedge funds and large institutions have $176M invested in Nuveen Floating Rate Income Fund in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 32 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
16% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 32
12% more capital invested
Capital invested by funds: $158M → $176M (+$18.5M)
2.32% more ownership
Funds ownership: 29.96% → 32.28% (+2.3%)
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
1% less funds holding
Funds holding: 101 → 100 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$8.84M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$7.4M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.47M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$3.78M |
| 5 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$3.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$5.25M |
| 2 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
-$4.54M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.9M |
| 4 |
SCM
Saba Capital Management
New York
|
-$1.33M |
| 5 |
Jane Street
New York
|
-$904K |
JFR Hedge Fund Activity: Q1 2019 in Review
100 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q1 2019, worth a combined $176M — up 12% from $158M a quarter earlier.
Fund positioning in JFR was balanced in Q1 2019: 15 funds opened new positions, 15 closed out, 37 added to existing stakes and 32 trimmed.
The largest buyer was LPL Financial, adding an estimated $8.84M. The largest seller was JP Morgan Chase, cutting an estimated $5.25M.
- 100 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q1 2019, down from 101 in Q4 2018.
- Funds reported $176M of Nuveen Floating Rate Income Fund stock for Q1 2019, up 12% quarter-over-quarter.
- 15 funds opened new Nuveen Floating Rate Income Fund positions in Q1 2019 and 15 closed out, a net change of 0 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q1 2019 was LPL Financial, an estimated $8.84M added.
- The largest Nuveen Floating Rate Income Fund seller in Q1 2019 was JP Morgan Chase, an estimated $5.25M sold.
Based on aggregated 13F filings for Q1 2019.