Nuveen Floating Rate Income Fund
177 hedge funds and large institutions have $382M invested in Nuveen Floating Rate Income Fund in 2023 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 62 increasing their positions, 53 reducing their positions, and 24 closing their positions.
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
17% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 53
14% more capital invested
Capital invested by funds: $335M → $382M (+$46.9M)
4.21% more ownership
Funds ownership: 30.43% → 34.64% (+4.2%)
4% more funds holding
Funds holding: 170 → 177 (+7)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$54.6M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$4.72M |
| 3 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
+$4.51M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.49M |
| 5 |
CWP
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$9.79M |
| 2 |
SCM
Saba Capital Management
New York
|
-$9M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.2M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.43M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.28M |
JFR Hedge Fund Activity: Q4 2023 in Review
177 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Fund (JFR) for Q4 2023, worth a combined $382M — up 14% from $335M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new JFR positions and 24 closed out — a net gain of 8 holders — while 62 added to existing stakes and 53 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $54.6M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $9.79M sold.
- 177 institutional investors held Nuveen Floating Rate Income Fund (JFR) as of Q4 2023, up from 170 in Q3 2023.
- Funds reported $382M of Nuveen Floating Rate Income Fund stock for Q4 2023, up 14% quarter-over-quarter.
- 32 funds opened new Nuveen Floating Rate Income Fund positions in Q4 2023 and 24 closed out, a net change of +8 holders.
- The largest Nuveen Floating Rate Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $54.6M added.
- The largest Nuveen Floating Rate Income Fund seller in Q4 2023 was Oaktree Capital Management, an estimated $9.79M sold.
Based on aggregated 13F filings for Q4 2023.