Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
94 hedge funds and large institutions have $125M invested in Nuveen Preferred & Income Securities Fund in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 30 reducing their positions, and 20 closing their positions.
3% less capital invested
Capital invested by funds: $129M → $125M (-$3.69M)
10% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 30
11% less funds holding
Funds holding: 106 → 94 (-12)
55% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.49M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.1M |
| 3 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$558K |
| 4 |
LPL Financial
San Diego,
California
|
+$484K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$429K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$6.15M |
| 2 |
SG Americas Securities
New York
|
-$1.95M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.63M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$1.08M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.07M |
JPS Hedge Fund Activity: Q1 2014 in Review
94 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q1 2014, worth a combined $125M — down 2.9% from $129M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of JPS and 9 opened new positions — a net loss of 11 holders — while 30 trimmed existing stakes and 27 added.
The largest buyer was Saba Capital Management, adding an estimated $3.49M. The largest seller was Newgate Capital Management, exiting entirely with an estimated $6.15M sold.
- 94 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q1 2014, down from 106 in Q4 2013.
- Funds reported $125M of Nuveen Preferred & Income Securities Fund stock for Q1 2014, down 2.9% quarter-over-quarter.
- 9 funds opened new Nuveen Preferred & Income Securities Fund positions in Q1 2014 and 20 closed out, a net change of -11 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q1 2014 was Saba Capital Management, an estimated $3.49M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q1 2014 was Newgate Capital Management, an estimated $6.15M sold.
Based on aggregated 13F filings for Q1 2014.