NUVEEN QUALITY PREFERRED INCOME FUND 3
JHP
JHP was delisted on the 6th of May, 2016.
47 hedge funds and large institutions have $40.4M invested in NUVEEN QUALITY PREFERRED INCOME FUND 3 in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 10 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
15% more capital invested
Capital invested by funds: $35.1M → $40.4M (+$5.29M)
10% less funds holding
Funds holding: 52 → 47 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.58M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.19M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$729K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$289K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.2M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$733K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$513K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$471K |
| 5 |
SG Americas Securities
New York
|
-$317K |
JHP Hedge Fund Activity: Q1 2014 in Review
47 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in NUVEEN QUALITY PREFERRED INCOME FUND 3 (JHP) for Q1 2014, worth a combined $40.4M — up 15% from $35.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of JHP and 5 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 15 added.
The largest buyer was Saba Capital Management, adding an estimated $3.58M. The largest seller was Invesco, cutting an estimated $1.2M.
- 47 institutional investors held NUVEEN QUALITY PREFERRED INCOME FUND 3 (JHP) as of Q1 2014, down from 52 in Q4 2013.
- Funds reported $40.4M of NUVEEN QUALITY PREFERRED INCOME FUND 3 stock for Q1 2014, up 15% quarter-over-quarter.
- 5 funds opened new NUVEEN QUALITY PREFERRED INCOME FUND 3 positions in Q1 2014 and 10 closed out, a net change of -5 holders.
- The largest NUVEEN QUALITY PREFERRED INCOME FUND 3 buyer in Q1 2014 was Saba Capital Management, an estimated $3.58M added.
- The largest NUVEEN QUALITY PREFERRED INCOME FUND 3 seller in Q1 2014 was Invesco, an estimated $1.2M sold.
Based on aggregated 13F filings for Q1 2014.