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Nuveen Floating Rate Income Fund

95 hedge funds and large institutions have $235M invested in Nuveen Floating Rate Income Fund in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 28 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $222M → $235M (+$13.7M)

7% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 28

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1.74% less ownership

Funds ownership: 44.54%42.81% (-1.7%)

8% less funds holding

Funds holding: 10395 (-8)

39% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 18

Holders
95
Holders Change
-8
Holders Change %
-7.77%
% of All Funds
1.67%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
11
Increased
30
Reduced
28
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$64.6M
Bank of America
2
Bank of America
North Carolina
$17.2M -$935K -99,915 -5%
PCM
3
Penserra Capital Management
California
$14.7M +$2.75M +294,267 +24%
LPL Financial
4
LPL Financial
California
$14.1M +$183K +19,518 +1%
Wells Fargo
5
Wells Fargo
California
$12.9M -$163K -17,397 -1%
LC
6
Lindbrook Capital
California
$12.8M -$136K -14,549 -1%
Morgan Stanley
7
Morgan Stanley
New York
$12.8M +$1.62M +173,528 +15%
ISSM
8
Invesco Senior Secured Management
New York
$7.81M
CIA
9
Capital Investment Advisors
Georgia
$6.35M -$238K -25,441 -4%
GC
10
Guggenheim Capital
Illinois
$5.83M +$762K +81,461 +16%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$4.5M +$2.02M +215,714 +86%
Goldman Sachs
12
Goldman Sachs
New York
$4.24M +$8.53K +911 +0.2%
UBS Group
13
UBS Group
Switzerland
$4.17M -$376K -40,152 -9%
1CP
14
1607 Capital Partners
Virginia
$4.07M +$421K +45,000 +12%
EVM
15
Eaton Vance Management
Massachusetts
$3.74M -$3.61M -386,184 -50%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$3M +$18.3K +1,951 +0.6%
NCM
17
Next Capital Management
New York
$2.98M -$28.5K -3,045 -1%
Ameriprise
18
Ameriprise
Minnesota
$2.61M -$160K -17,075 -6%
Northwestern Mutual Wealth Management
19
Northwestern Mutual Wealth Management
Wisconsin
$2.53M +$2.28M +243,384 +1,322%
RA
20
RFG Advisory
Alabama
$2.43M +$15.4K +1,644 +0.7%
MIG
21
Mariner Investment Group
New York
$2.34M +$137K +14,678 +6%
Loomis, Sayles & Company
22
Loomis, Sayles & Company
Massachusetts
$2.29M
RJA
23
Raymond James & Associates
Florida
$2.06M +$1.37M +145,976 +217%
SIA
24
Sit Investment Associates
Minnesota
$1.74M
IMA
25
Investment Management Associates
Colorado
$1.74M

JFR Hedge Fund Activity: Q1 2021 in Review

95 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q1 2021, worth a combined $235M — up 6.2% from $222M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of JFR and 11 opened new positions — a net loss of 7 holders — while 28 trimmed existing stakes and 30 added.

The largest buyer was Penserra Capital Management, adding an estimated $2.75M. The largest seller was Vivaldi Capital Management, exiting entirely with an estimated $3.98M sold.

  • 95 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q1 2021, down from 103 in Q4 2020.
  • Funds reported $235M of Nuveen Floating Rate Income Fund stock for Q1 2021, up 6.2% quarter-over-quarter.
  • 11 funds opened new Nuveen Floating Rate Income Fund positions in Q1 2021 and 18 closed out, a net change of -7 holders.
  • The largest Nuveen Floating Rate Income Fund buyer in Q1 2021 was Penserra Capital Management, an estimated $2.75M added.
  • The largest Nuveen Floating Rate Income Fund seller in Q1 2021 was Vivaldi Capital Management, an estimated $3.98M sold.

Based on aggregated 13F filings for Q1 2021.