NUVEEN QUALITY PREFERRED INCOME FUND 3
JHP
JHP was delisted on the 6th of May, 2016.
43 hedge funds and large institutions have $37M invested in NUVEEN QUALITY PREFERRED INCOME FUND 3 in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 14 closing their positions.
2% more capital invested
Capital invested by funds: $36.4M → $37M (+$577K)
14% less funds holding
Funds holding: 50 → 43 (-7)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.62M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.25M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.79M |
| 4 |
HK
Horizon Kinetics
New York
|
+$918K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$509K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.6M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.29M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$828K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$734K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$589K |
JHP Hedge Fund Activity: Q1 2016 in Review
43 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in NUVEEN QUALITY PREFERRED INCOME FUND 3 (JHP) for Q1 2016, worth a combined $37M — up 1.6% from $36.4M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of JHP and 7 opened new positions — a net loss of 7 holders — while 15 trimmed existing stakes and 11 added.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $2.62M. The largest seller was Sit Investment Associates, cutting an estimated $2.6M.
- 43 institutional investors held NUVEEN QUALITY PREFERRED INCOME FUND 3 (JHP) as of Q1 2016, down from 50 in Q4 2015.
- Funds reported $37M of NUVEEN QUALITY PREFERRED INCOME FUND 3 stock for Q1 2016, up 1.6% quarter-over-quarter.
- 7 funds opened new NUVEEN QUALITY PREFERRED INCOME FUND 3 positions in Q1 2016 and 14 closed out, a net change of -7 holders.
- The largest NUVEEN QUALITY PREFERRED INCOME FUND 3 buyer in Q1 2016 was Cambridge Investment Research Advisors, an estimated $2.62M added.
- The largest NUVEEN QUALITY PREFERRED INCOME FUND 3 seller in Q1 2016 was Sit Investment Associates, an estimated $2.6M sold.
Based on aggregated 13F filings for Q1 2016.