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Nuveen Floating Rate Income Fund

105 hedge funds and large institutions have $215M invested in Nuveen Floating Rate Income Fund in 2021 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 8

95% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 20

11% more funds holding

Funds holding: 95105 (+10)

5.06% less ownership

Funds ownership: 42.81%37.74% (-5.1%)

9% less capital invested

Capital invested by funds: $235M → $215M (-$20.1M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
105
Holders Change
+10
Holders Change %
+10.53%
% of All Funds
1.83%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
18
Increased
39
Reduced
20
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$27.4M -$38.3M -3,953,213 -59%
PCM
2
Penserra Capital Management
California
$17.3M +$1.94M +200,287 +13%
Bank of America
3
Bank of America
North Carolina
$16.9M -$944K -97,435 -5%
LPL Financial
4
LPL Financial
California
$15.5M +$779K +80,375 +5%
Wells Fargo
5
Wells Fargo
California
$14.5M +$1.1M +113,647 +9%
LC
6
Lindbrook Capital
California
$13.3M -$30.2K -3,120 -0.2%
Morgan Stanley
7
Morgan Stanley
New York
$9.07M -$4.06M -418,619 -32%
Invesco
8
Invesco
Georgia
$8.82M +$8.06M +831,960 +1,708%
ISSM
9
Invesco Senior Secured Management
New York
$8.1M
GC
10
Guggenheim Capital
Illinois
$6.53M +$472K +48,665 +8%
CIA
11
Capital Investment Advisors
Georgia
$6.51M -$71.7K -7,399 -1%
UBS Group
12
UBS Group
Switzerland
$5M +$655K +67,626 +16%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$4.7M +$30.1K +3,109 +0.7%
Goldman Sachs
14
Goldman Sachs
New York
$4.39M
1CP
15
1607 Capital Partners
Virginia
$4.22M
EVM
16
Eaton Vance Management
Massachusetts
$3.88M
RJA
17
Raymond James & Associates
Florida
$3.21M +$1.03M +106,666 +50%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$3.19M +$76.8K +7,927 +3%
NCM
19
Next Capital Management
New York
$2.85M -$236K -24,315 -8%
Ameriprise
20
Ameriprise
Minnesota
$2.74M +$30K +3,091 +1%
RA
21
RFG Advisory
Alabama
$2.53M +$9.71K +1,002 +0.4%
Northwestern Mutual Wealth Management
22
Northwestern Mutual Wealth Management
Wisconsin
$2.5M -$123K -12,708 -5%
Loomis, Sayles & Company
23
Loomis, Sayles & Company
Massachusetts
$2.37M
SIA
24
Sit Investment Associates
Minnesota
$1.8M
IMA
25
Investment Management Associates
Colorado
$1.8M

JFR Hedge Fund Activity: Q2 2021 in Review

105 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q2 2021, worth a combined $215M — down 8.5% from $235M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new JFR positions and 8 closed out — a net gain of 10 holders — while 39 added to existing stakes and 20 trimmed.

The largest buyer was Invesco, adding an estimated $8.06M. The largest seller was Saba Capital Management, cutting an estimated $38.3M.

  • 105 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q2 2021, up from 95 in Q1 2021.
  • Funds reported $215M of Nuveen Floating Rate Income Fund stock for Q2 2021, down 8.5% quarter-over-quarter.
  • 18 funds opened new Nuveen Floating Rate Income Fund positions in Q2 2021 and 8 closed out, a net change of +10 holders.
  • The largest Nuveen Floating Rate Income Fund buyer in Q2 2021 was Invesco, an estimated $8.06M added.
  • The largest Nuveen Floating Rate Income Fund seller in Q2 2021 was Saba Capital Management, an estimated $38.3M sold.

Based on aggregated 13F filings for Q2 2021.