Nuveen Preferred & Income Opportunities Fund
287 hedge funds and large institutions have $586M invested in Nuveen Preferred & Income Opportunities Fund in 2024 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 91 increasing their positions, 90 reducing their positions, and 45 closing their positions.
1% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 90
4% less funds holding
Funds holding: 298 → 287 (-11)
10% less capital invested
Capital invested by funds: $653M → $586M (-$66.5M)
18% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 45
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
66.53% less ownership
Funds ownership: 91.95% → 25.42% (-67%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$8.52M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.33M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.3M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.53M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$82M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$18.2M |
| 3 |
SCM
Saba Capital Management
New York
|
-$6.07M |
| 4 |
RL
RPO LLC
Stamford,
Connecticut
|
-$4.65M |
| 5 |
Rockefeller Capital Management
New York
|
-$3.67M |
JPC Hedge Fund Activity: Q1 2024 in Review
287 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Opportunities Fund (JPC) for Q1 2024, worth a combined $586M — down 10% from $653M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of JPC and 37 opened new positions — a net loss of 8 holders — while 90 trimmed existing stakes and 91 added.
The largest buyer was LPL Financial, adding an estimated $8.52M. The largest seller was Morgan Stanley, cutting an estimated $82M.
- 287 institutional investors held Nuveen Preferred & Income Opportunities Fund (JPC) as of Q1 2024, down from 298 in Q4 2023.
- Funds reported $586M of Nuveen Preferred & Income Opportunities Fund stock for Q1 2024, down 10% quarter-over-quarter.
- 37 funds opened new Nuveen Preferred & Income Opportunities Fund positions in Q1 2024 and 45 closed out, a net change of -8 holders.
- The largest Nuveen Preferred & Income Opportunities Fund buyer in Q1 2024 was LPL Financial, an estimated $8.52M added.
- The largest Nuveen Preferred & Income Opportunities Fund seller in Q1 2024 was Morgan Stanley, an estimated $82M sold.
Based on aggregated 13F filings for Q1 2024.