Nuveen Preferred & Income Opportunities Fund
91 hedge funds and large institutions have $147M invested in Nuveen Preferred & Income Opportunities Fund in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 16 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 24
16% more capital invested
Capital invested by funds: $128M → $147M (+$19.8M)
1.6% more ownership
Funds ownership: 14.26% → 15.86% (+1.6%)
4% less funds holding
Funds holding: 95 → 91 (-4)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.75M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.35M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$828K |
| 4 |
DHFB
Dixon Hubard Feinour & Brown
Roanoke,
Virginia
|
+$789K |
| 5 |
EWM
Edge Wealth Management
New York
|
+$755K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.16M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.81M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.07M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$988K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$951K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WS
101
Wedbush Securities
Los Angeles,
California
| – | -$100K | -10,830 | Closed |
|
|
NFG
102
Next Financial Group
Houston,
Texas
| – | -$49K | -5,350 | Closed |
|
|
JFA
103
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$47K | -5,100 | Closed |
|
104
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$27K | -2,963 | Closed |
|
|
KTC
105
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$13K | -1,425 | Closed |
|
|
NSIM
106
North Star Investment Management
Chicago,
Illinois
| – | -$9K | -1,000 | Closed |
|
JPC Hedge Fund Activity: Q4 2014 in Review
91 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Opportunities Fund (JPC) for Q4 2014, worth a combined $147M — up 16% from $128M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of JPC and 13 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 31 added.
The largest buyer was Morgan Stanley, adding an estimated $2.75M. The largest seller was Advisors Asset Management, cutting an estimated $2.16M.
- 91 institutional investors held Nuveen Preferred & Income Opportunities Fund (JPC) as of Q4 2014, down from 95 in Q3 2014.
- Funds reported $147M of Nuveen Preferred & Income Opportunities Fund stock for Q4 2014, up 16% quarter-over-quarter.
- 13 funds opened new Nuveen Preferred & Income Opportunities Fund positions in Q4 2014 and 16 closed out, a net change of -3 holders.
- The largest Nuveen Preferred & Income Opportunities Fund buyer in Q4 2014 was Morgan Stanley, an estimated $2.75M added.
- The largest Nuveen Preferred & Income Opportunities Fund seller in Q4 2014 was Advisors Asset Management, an estimated $2.16M sold.
Based on aggregated 13F filings for Q4 2014.