Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
212 hedge funds and large institutions have $296M invested in Nuveen Preferred & Income Securities Fund in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 76 increasing their positions, 51 reducing their positions, and 37 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 51
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 223 → 212 (-11)
19% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 37
78% less capital invested
Capital invested by funds: $1.37B → $296M (-$1.08B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$19.8M |
| 2 |
Morgan Stanley
New York
|
+$4.04M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.73M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.14M |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$915K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$1.05B |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$13.6M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.34M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$2.26M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.97M |
JPS Hedge Fund Activity: Q1 2023 in Review
212 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q1 2023, worth a combined $296M — down 78% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of JPS and 30 opened new positions — a net loss of 7 holders — while 51 trimmed existing stakes and 76 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $19.8M. The largest seller was Arete Wealth Advisors, exiting entirely with an estimated $1.05B sold.
- 212 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q1 2023, down from 223 in Q4 2022.
- Funds reported $296M of Nuveen Preferred & Income Securities Fund stock for Q1 2023, down 78% quarter-over-quarter.
- 30 funds opened new Nuveen Preferred & Income Securities Fund positions in Q1 2023 and 37 closed out, a net change of -7 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q1 2023 was Rivernorth Capital Management, an estimated $19.8M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q1 2023 was Arete Wealth Advisors, an estimated $1.05B sold.
Based on aggregated 13F filings for Q1 2023.