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Nuveen Floating Rate Income Fund

100 hedge funds and large institutions have $144M invested in Nuveen Floating Rate Income Fund in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 34 increasing their positions, 27 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 27

13% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 16

1% more funds holding

Funds holding: 99100 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.27% less ownership

Funds ownership: 32.33%32.06% (-0.27%)

4% less capital invested

Capital invested by funds: $150M → $144M (-$5.58M)

Holders
100
Holders Change
+1
Holders Change %
+1.01%
% of All Funds
1.57%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
34
Reduced
27
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$18.6M +$913K +113,694 +5%
Wells Fargo
2
Wells Fargo
California
$13.3M +$264K +32,892 +2%
Morgan Stanley
3
Morgan Stanley
New York
$10.2M +$837K +104,202 +9%
PCM
4
Penserra Capital Management
California
$10.1M +$639K +79,529 +7%
Invesco
5
Invesco
Georgia
$8.3M -$483K -60,120 -5%
GC
6
Guggenheim Capital
Illinois
$7.99M -$477K -59,335 -6%
Bank of America
7
Bank of America
North Carolina
$7.39M -$83.1K -10,339 -1%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$5.5M +$99.3K +12,363 +2%
Rockefeller Capital Management
9
Rockefeller Capital Management
New York
$4.27M +$2.4M +298,818 +123%
Goldman Sachs
10
Goldman Sachs
New York
$3.98M
UBS Group
11
UBS Group
Switzerland
$3.94M -$165K -20,518 -4%
Cohen & Steers
12
Cohen & Steers
New York
$3.55M
AAM
13
Advisors Asset Management
Colorado
$3.29M -$432K -53,830 -11%
N
14
Natixis
France
$3.18M +$623K +77,593 +24%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$3.13M +$15.9K +1,976 +0.5%
BAM
16
Byrne Asset Management
New Jersey
$3.1M -$16.8K -2,095 -0.5%
Ameriprise
17
Ameriprise
Minnesota
$2.91M +$103K +12,868 +4%
RA
18
RFG Advisory
Alabama
$1.91M -$64.4K -8,012 -3%
CIA
19
Capital Investment Advisors
Georgia
$1.79M -$24.4K -3,042 -1%
KC
20
Kades & Cheifetz
Pennsylvania
$1.58M +$14.5K +1,807 +0.9%
IMA
21
Investment Management Associates
Colorado
$1.29M
Osaic Holdings
22
Osaic Holdings
Arizona
$1.27M +$384K +47,800 +42%
Envestnet Asset Management
23
Envestnet Asset Management
Illinois
$1.23M +$47.5K +5,908 +4%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$1.19M -$176K -21,942 -13%
Thrivent Financial for Lutherans
25
Thrivent Financial for Lutherans
Minnesota
$1.19M +$58.1K +7,232 +5%

JFR Hedge Fund Activity: Q2 2023 in Review

100 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q2 2023, worth a combined $144M — down 3.7% from $150M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new JFR positions and 16 closed out — a net gain of 2 holders — while 34 added to existing stakes and 27 trimmed.

The largest buyer was Rockefeller Capital Management, adding an estimated $2.4M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $8.13M sold.

  • 100 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q2 2023, up from 99 in Q1 2023.
  • Funds reported $144M of Nuveen Floating Rate Income Fund stock for Q2 2023, down 3.7% quarter-over-quarter.
  • 18 funds opened new Nuveen Floating Rate Income Fund positions in Q2 2023 and 16 closed out, a net change of +2 holders.
  • The largest Nuveen Floating Rate Income Fund buyer in Q2 2023 was Rockefeller Capital Management, an estimated $2.4M added.
  • The largest Nuveen Floating Rate Income Fund seller in Q2 2023 was Oaktree Capital Management, an estimated $8.13M sold.

Based on aggregated 13F filings for Q2 2023.