NUVEEN QUALITY PREFERRED INCOME FUND 3
JHP
JHP was delisted on the 6th of May, 2016.
52 hedge funds and large institutions have $35.1M invested in NUVEEN QUALITY PREFERRED INCOME FUND 3 in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 0 closing their positions.
37% more funds holding
Funds holding: 38 → 52 (+14)
12% more capital invested
Capital invested by funds: $31.5M → $35.1M (+$3.63M)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$2.31M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.19M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$742K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$732K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$418K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.4M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$694K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$437K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$346K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$216K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $23 | +$23.1K | +2,951 | New |
|
JHP Hedge Fund Activity: Q4 2013 in Review
52 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in NUVEEN QUALITY PREFERRED INCOME FUND 3 (JHP) for Q4 2013, worth a combined $35.1M — up 12% from $31.5M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new JHP positions and 0 closed out — a net gain of 15 holders — while 10 added to existing stakes and 17 trimmed.
The largest buyer was Financial & Investment Management Group, adding an estimated $2.31M. The largest seller was Invesco, cutting an estimated $1.4M.
- 52 institutional investors held NUVEEN QUALITY PREFERRED INCOME FUND 3 (JHP) as of Q4 2013, up from 38 in Q3 2013.
- Funds reported $35.1M of NUVEEN QUALITY PREFERRED INCOME FUND 3 stock for Q4 2013, up 12% quarter-over-quarter.
- 15 funds opened new NUVEEN QUALITY PREFERRED INCOME FUND 3 positions in Q4 2013 and 0 closed out, a net change of +15 holders.
- The largest NUVEEN QUALITY PREFERRED INCOME FUND 3 buyer in Q4 2013 was Financial & Investment Management Group, an estimated $2.31M added.
- The largest NUVEEN QUALITY PREFERRED INCOME FUND 3 seller in Q4 2013 was Invesco, an estimated $1.4M sold.
Based on aggregated 13F filings for Q4 2013.