Nuveen Preferred & Income Opportunities Fund
90 hedge funds and large institutions have $134M invested in Nuveen Preferred & Income Opportunities Fund in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 24 increasing their positions, 28 reducing their positions, and 8 closing their positions.
163% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 8
15% more funds holding
Funds holding: 78 → 90 (+12)
3% more capital invested
Capital invested by funds: $130M → $134M (+$3.87M)
0.11% more ownership
Funds ownership: 15.42% → 15.53% (+0.11%)
14% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.72M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.33M |
| 3 |
AIU
Algebris Investments (UK)
London,
United Kingdom
|
+$1.2M |
| 4 |
EWM
Edge Wealth Management
New York
|
+$1.02M |
| 5 |
JP Morgan Chase
New York
|
+$820K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.77M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.17M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$786K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$755K |
| 5 |
Cohen & Steers
New York
|
-$644K |
JPC Hedge Fund Activity: Q4 2013 in Review
90 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Opportunities Fund (JPC) for Q4 2013, worth a combined $134M — up 3% from $130M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new JPC positions and 8 closed out — a net gain of 13 holders — while 24 added to existing stakes and 28 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.72M. The largest seller was Morgan Stanley, cutting an estimated $3.77M.
- 90 institutional investors held Nuveen Preferred & Income Opportunities Fund (JPC) as of Q4 2013, up from 78 in Q3 2013.
- Funds reported $134M of Nuveen Preferred & Income Opportunities Fund stock for Q4 2013, up 3% quarter-over-quarter.
- 21 funds opened new Nuveen Preferred & Income Opportunities Fund positions in Q4 2013 and 8 closed out, a net change of +13 holders.
- The largest Nuveen Preferred & Income Opportunities Fund buyer in Q4 2013 was Saba Capital Management, an estimated $1.72M added.
- The largest Nuveen Preferred & Income Opportunities Fund seller in Q4 2013 was Morgan Stanley, an estimated $3.77M sold.
Based on aggregated 13F filings for Q4 2013.