Nuveen Preferred & Income Opportunities Fund
78 hedge funds and large institutions have $129M invested in Nuveen Preferred & Income Opportunities Fund in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 31 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
4% more funds holding
Funds holding: 75 → 78 (+3)
0.11% less ownership
Funds ownership: 15.52% → 15.42% (-0.11%)
10% less capital invested
Capital invested by funds: $144M → $129M (-$14.4M)
19% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$3.04M |
| 2 |
Morgan Stanley
New York
|
+$1.72M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.17M |
| 4 |
AIU
Algebris Investments (UK)
London,
United Kingdom
|
+$1.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$940K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$6.28M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.1M |
| 3 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$1.07M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$837K |
| 5 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$767K |
JPC Hedge Fund Activity: Q3 2013 in Review
78 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Opportunities Fund (JPC) for Q3 2013, worth a combined $129M — down 10% from $144M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new JPC positions and 6 closed out — a net gain of 3 holders — while 25 added to existing stakes and 31 trimmed.
The largest buyer was Newgate Capital Management, adding an estimated $3.04M. The largest seller was Guggenheim Capital, cutting an estimated $6.28M.
- 78 institutional investors held Nuveen Preferred & Income Opportunities Fund (JPC) as of Q3 2013, up from 75 in Q2 2013.
- Funds reported $129M of Nuveen Preferred & Income Opportunities Fund stock for Q3 2013, down 10% quarter-over-quarter.
- 9 funds opened new Nuveen Preferred & Income Opportunities Fund positions in Q3 2013 and 6 closed out, a net change of +3 holders.
- The largest Nuveen Preferred & Income Opportunities Fund buyer in Q3 2013 was Newgate Capital Management, an estimated $3.04M added.
- The largest Nuveen Preferred & Income Opportunities Fund seller in Q3 2013 was Guggenheim Capital, an estimated $6.28M sold.
Based on aggregated 13F filings for Q3 2013.