NUVEEN QUALITY PREFERRED INCOME FUND 3
JHP
JHP was delisted on the 6th of May, 2016.
38 hedge funds and large institutions have $31.5M invested in NUVEEN QUALITY PREFERRED INCOME FUND 3 in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 3 closing their positions.
6% more capital invested
Capital invested by funds: $29.7M → $31.5M (+$1.79M)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
3% less funds holding
Funds holding: 39 → 38 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$4.68M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$510K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$415K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$331K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$188K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.1M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$289K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$264K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$262K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$213K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCAG
26
Rehmann Capital Advisory Group
Lansing,
Michigan
| $111K | – | – | – |
|
|
MBT
27
Monroe Bank & Trust
Monroe,
Michigan
| $25K | -$73.7K | -9,200 | -74% |
|
|
SFS
28
Signator Financial Services
Boston,
Massachusetts
| $23K | +$449 | +56 | +2% |
|
|
WCM
29
Windsor Capital Management
Phoenix,
Arizona
| $21K | +$401 | +50 | +2% |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $17K | – | – | – |
|
31
M&T Bank
Buffalo,
New York
| $17K | – | – | – |
|
32
ClearBridge Investments
New York
| $8K | – | – | – |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $7K | -$6.58K | -821 | -47% |
|
|
MFS
34
MSI Financial Services
Springfield,
Massachusetts
| $6K | -$2.96K | -370 | -32% |
|
|
WA
35
WFG Advisors
Dallas,
Texas
| $6K | – | – | – |
|
|
MA
36
MUFG Americas
New York
| $3K | – | – | – |
|
37
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | +$1.72K | +215 | +108% |
|
38
Citigroup
New York
| – | -$45K | -5,326 | Closed |
|
|
AIG
39
American International Group
New York
| – | -$23.3K | -2,767 | Closed |
|
40
Ameriprise
Minneapolis,
Minnesota
| – | -$17K | -2,000 | Closed |
|
JHP Hedge Fund Activity: Q3 2013 in Review
38 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in NUVEEN QUALITY PREFERRED INCOME FUND 3 (JHP) for Q3 2013, worth a combined $31.5M — up 6% from $29.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of JHP and 2 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 12 added.
The largest buyer was Financial & Investment Management Group, opening a new position worth an estimated $4.68M. The largest seller was Invesco, cutting an estimated $1.1M.
- 38 institutional investors held NUVEEN QUALITY PREFERRED INCOME FUND 3 (JHP) as of Q3 2013, down from 39 in Q2 2013.
- Funds reported $31.5M of NUVEEN QUALITY PREFERRED INCOME FUND 3 stock for Q3 2013, up 6% quarter-over-quarter.
- 2 funds opened new NUVEEN QUALITY PREFERRED INCOME FUND 3 positions in Q3 2013 and 3 closed out, a net change of -1 holder.
- The largest NUVEEN QUALITY PREFERRED INCOME FUND 3 buyer in Q3 2013 was Financial & Investment Management Group, an estimated $4.68M added.
- The largest NUVEEN QUALITY PREFERRED INCOME FUND 3 seller in Q3 2013 was Invesco, an estimated $1.1M sold.
Based on aggregated 13F filings for Q3 2013.