Nuveen Preferred & Income Opportunities Fund
96 hedge funds and large institutions have $154M invested in Nuveen Preferred & Income Opportunities Fund in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 31 reducing their positions, and 21 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 31
2% less capital invested
Capital invested by funds: $157M → $154M (-$3.1M)
1.07% less ownership
Funds ownership: 17.65% → 16.58% (-1.1%)
11% less funds holding
Funds holding: 108 → 96 (-12)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.15M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.75M |
| 4 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
+$1.34M |
| 5 |
Cohen & Steers
New York
|
+$913K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.43M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.94M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$893K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$580K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$570K |
JPC Hedge Fund Activity: Q1 2016 in Review
96 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Opportunities Fund (JPC) for Q1 2016, worth a combined $154M — down 2% from $157M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of JPC and 10 opened new positions — a net loss of 11 holders — while 31 trimmed existing stakes and 33 added.
The largest buyer was Wells Fargo, adding an estimated $2.15M. The largest seller was Morgan Stanley, cutting an estimated $4.43M.
- 96 institutional investors held Nuveen Preferred & Income Opportunities Fund (JPC) as of Q1 2016, down from 108 in Q4 2015.
- Funds reported $154M of Nuveen Preferred & Income Opportunities Fund stock for Q1 2016, down 2% quarter-over-quarter.
- 10 funds opened new Nuveen Preferred & Income Opportunities Fund positions in Q1 2016 and 21 closed out, a net change of -11 holders.
- The largest Nuveen Preferred & Income Opportunities Fund buyer in Q1 2016 was Wells Fargo, an estimated $2.15M added.
- The largest Nuveen Preferred & Income Opportunities Fund seller in Q1 2016 was Morgan Stanley, an estimated $4.43M sold.
Based on aggregated 13F filings for Q1 2016.