Nuveen Floating Rate Income Fund
99 hedge funds and large institutions have $150M invested in Nuveen Floating Rate Income Fund in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 37 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
1% more capital invested
Capital invested by funds: $148M → $150M (+$1.61M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.43% less ownership
Funds ownership: 32.76% → 32.33% (-0.43%)
1% less funds holding
Funds holding: 100 → 99 (-1)
30% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$4.87M |
| 2 |
N
Natixis
Paris,
France
|
+$2.71M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.4M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.15M |
| 5 |
PAS
Park Avenue Securities
New York
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.3M |
| 2 |
Morgan Stanley
New York
|
-$2.56M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.49M |
| 4 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$871K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$859K |
JFR Hedge Fund Activity: Q1 2023 in Review
99 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q1 2023, worth a combined $150M — up 1.1% from $148M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new JFR positions and 11 closed out — a net gain of 3 holders — while 26 added to existing stakes and 37 trimmed.
The largest buyer was Penserra Capital Management, adding an estimated $4.87M. The largest seller was Bank of America, cutting an estimated $3.3M.
- 99 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q1 2023, down from 100 in Q4 2022.
- Funds reported $150M of Nuveen Floating Rate Income Fund stock for Q1 2023, up 1.1% quarter-over-quarter.
- 14 funds opened new Nuveen Floating Rate Income Fund positions in Q1 2023 and 11 closed out, a net change of +3 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q1 2023 was Penserra Capital Management, an estimated $4.87M added.
- The largest Nuveen Floating Rate Income Fund seller in Q1 2023 was Bank of America, an estimated $3.3M sold.
Based on aggregated 13F filings for Q1 2023.