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Nuveen Floating Rate Income Fund

90 hedge funds and large institutions have $186M invested in Nuveen Floating Rate Income Fund in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 26

9% more capital invested

Capital invested by funds: $171M → $186M (+$14.9M)

1.49% more ownership

Funds ownership: 39.78%41.27% (+1.5%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less funds holding

Funds holding: 9590 (-5)

31% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 16

Holders
90
Holders Change
-5
Holders Change %
-5.26%
% of All Funds
1.85%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
11
Increased
33
Reduced
26
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$41.4M +$18.8M +2,434,303 +87%
Bank of America
2
Bank of America
North Carolina
$13.5M +$3.99M +517,360 +43%
LPL Financial
3
LPL Financial
California
$12.1M -$2.48M -321,727 -17%
LC
4
Lindbrook Capital
California
$10.6M +$284K +36,817 +3%
Wells Fargo
5
Wells Fargo
California
$10.3M +$854K +110,746 +9%
PCM
6
Penserra Capital Management
California
$8.54M +$343K +44,464 +4%
Morgan Stanley
7
Morgan Stanley
New York
$7.59M -$4.69M -608,164 -39%
OCM
8
Oaktree Capital Management
California
$7.38M +$2.73M +354,302 +61%
ISSM
9
Invesco Senior Secured Management
New York
$6.39M
EVM
10
Eaton Vance Management
Massachusetts
$6.11M
CIA
11
Capital Investment Advisors
Georgia
$5.65M -$26.1K -3,385 -0.5%
RCM
12
Rivernorth Capital Management
Florida
$5.21M +$2.35M +304,723 +86%
UBS Group
13
UBS Group
Switzerland
$4.41M -$567K -73,451 -12%
VCM
14
Vivaldi Capital Management
Illinois
$4.34M +$4.08M +528,948 New
GC
15
Guggenheim Capital
Illinois
$4.07M +$99.1K +12,840 +3%
Goldman Sachs
16
Goldman Sachs
New York
$3.46M -$997K -129,203 -23%
AAM
17
Advisors Asset Management
Colorado
$2.69M -$298K -38,584 -10%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$2.41M -$631K -81,796 -21%
NCM
19
Next Capital Management
New York
$2.15M +$111K +14,330 +6%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$2.05M -$58K -7,516 -3%
Ameriprise
21
Ameriprise
Minnesota
$2.03M +$437K +56,627 +28%
RA
22
RFG Advisory
Alabama
$1.94M +$34.4K +4,462 +2%
Thrivent Financial for Lutherans
23
Thrivent Financial for Lutherans
Minnesota
$1.54M +$821K +106,358 +117%
SIA
24
Sit Investment Associates
Minnesota
$1.47M -$11.6K -1,500 -0.8%
MAFM
25
Mid Atlantic Financial Management
Pennsylvania
$928K +$29.3K +3,800 +3%

JFR Hedge Fund Activity: Q2 2020 in Review

90 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q2 2020, worth a combined $186M — up 8.7% from $171M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of JFR and 11 opened new positions — a net loss of 5 holders — while 26 trimmed existing stakes and 33 added.

The largest buyer was Saba Capital Management, adding an estimated $18.8M. The largest seller was Invesco, cutting an estimated $11.5M.

  • 90 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q2 2020, down from 95 in Q1 2020.
  • Funds reported $186M of Nuveen Floating Rate Income Fund stock for Q2 2020, up 8.7% quarter-over-quarter.
  • 11 funds opened new Nuveen Floating Rate Income Fund positions in Q2 2020 and 16 closed out, a net change of -5 holders.
  • The largest Nuveen Floating Rate Income Fund buyer in Q2 2020 was Saba Capital Management, an estimated $18.8M added.
  • The largest Nuveen Floating Rate Income Fund seller in Q2 2020 was Invesco, an estimated $11.5M sold.

Based on aggregated 13F filings for Q2 2020.