Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
106 hedge funds and large institutions have $129M invested in Nuveen Preferred & Income Securities Fund in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 25 increasing their positions, 33 reducing their positions, and 7 closing their positions.
314% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 7
25% more funds holding
Funds holding: 85 → 106 (+21)
6% more capital invested
Capital invested by funds: $121M → $129M (+$7.61M)
24% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.61M |
| 2 |
SG Americas Securities
New York
|
+$1.94M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1.74M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$931K |
| 5 |
JP Morgan Chase
New York
|
+$808K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.22M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.16M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$990K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$683K |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$532K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCS
101
Crosspoint Capital Strategies
Orinda,
California
| $6K | +$5.25K | +650 | New |
|
|
SSB
102
Sandy Spring Bank
Olney,
Maryland
| $2K | – | – | – |
|
|
1IC
103
1919 Investment Counsel
Baltimore,
Maryland
| $1K | – | – | – |
|
|
FA
104
Financial Advantage
Columbia,
Maryland
| $1K | +$1.42K | +176 | New |
|
|
OFG
105
OTA Financial Group
Purchase,
New York
| $334 | +$332K | +41,053 | New |
|
106
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $5 | +$4.76K | +590 | New |
|
107
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$116K | -14,251 | Closed |
|
|
ACM
108
Argentus Capital Management
Dallas,
Texas
| – | -$98K | -11,995 | Closed |
|
109
Bank of New York Mellon
New York
| – | -$93K | -11,403 | Closed |
|
|
WS
110
Wedbush Securities
Los Angeles,
California
| – | -$85K | -10,371 | Closed |
|
|
JIC
111
Joel Isaacson & Co
New York
| – | -$38K | -4,700 | Closed |
|
112
Ameriprise
Minneapolis,
Minnesota
| – | -$30K | -3,650 | Closed |
|
JPS Hedge Fund Activity: Q4 2013 in Review
106 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q4 2013, worth a combined $129M — up 6.3% from $121M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new JPS positions and 7 closed out — a net gain of 22 holders — while 25 added to existing stakes and 33 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.61M. The largest seller was Rivernorth Capital Management, cutting an estimated $4.22M.
- 106 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q4 2013, up from 85 in Q3 2013.
- Funds reported $129M of Nuveen Preferred & Income Securities Fund stock for Q4 2013, up 6.3% quarter-over-quarter.
- 29 funds opened new Nuveen Preferred & Income Securities Fund positions in Q4 2013 and 7 closed out, a net change of +22 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q4 2013 was Morgan Stanley, an estimated $4.61M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q4 2013 was Rivernorth Capital Management, an estimated $4.22M sold.
Based on aggregated 13F filings for Q4 2013.