Nuveen Preferred & Income Opportunities Fund
116 hedge funds and large institutions have $141M invested in Nuveen Preferred & Income Opportunities Fund in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 39 increasing their positions, 34 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
15% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 34
6% more funds holding
Funds holding: 109 → 116 (+7)
0.56% less ownership
Funds ownership: 15.04% → 14.48% (-0.56%)
14% less capital inflows, than outflows
Capital inflows: $28.6M | Capital outflows: $33.2M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$10.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.13M |
| 3 |
Laurion Capital Management
New York
|
+$1.75M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.39M |
| 5 |
Vident Investment Advisory
Alpharetta,
Georgia
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
McGowan Group Asset Management
Dallas,
Texas
|
-$14.8M |
| 2 |
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$3.02M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.73M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$2.34M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.73M |
JPC Hedge Fund Activity: Q1 2017 in Review
116 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Opportunities Fund (JPC) for Q1 2017, worth a combined $141M — down 3.9% from $146M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new JPC positions and 11 closed out — a net gain of 10 holders — while 39 added to existing stakes and 34 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $10.3M. The largest seller was McGowan Group Asset Management, exiting entirely with an estimated $14.8M sold.
- 116 institutional investors held Nuveen Preferred & Income Opportunities Fund (JPC) as of Q1 2017, up from 109 in Q4 2016.
- Funds reported $141M of Nuveen Preferred & Income Opportunities Fund stock for Q1 2017, down 3.9% quarter-over-quarter.
- 21 funds opened new Nuveen Preferred & Income Opportunities Fund positions in Q1 2017 and 11 closed out, a net change of +10 holders.
- The largest Nuveen Preferred & Income Opportunities Fund buyer in Q1 2017 was Rivernorth Capital Management, an estimated $10.3M added.
- The largest Nuveen Preferred & Income Opportunities Fund seller in Q1 2017 was McGowan Group Asset Management, an estimated $14.8M sold.
Based on aggregated 13F filings for Q1 2017.