Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
102 hedge funds and large institutions have $131M invested in Nuveen Preferred & Income Securities Fund in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 30 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
9% more funds holding
Funds holding: 94 → 102 (+8)
5% more capital invested
Capital invested by funds: $125M → $131M (+$5.88M)
13% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$2.01M |
| 2 |
Morgan Stanley
New York
|
+$1.34M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.21M |
| 4 |
UAS
United Asset Strategies
Garden City,
New York
|
+$820K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$458K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.62M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.13M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.04M |
| 4 |
SCM
Saba Capital Management
New York
|
-$795K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$734K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1IC
101
1919 Investment Counsel
Baltimore,
Maryland
| $1K | – | – | – |
|
|
RCM
102
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$1.13M | -130,362 | Closed |
|
|
RCM
103
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$671K | -77,270 | Closed |
|
104
AllianceBernstein
Nashville,
Tennessee
| – | -$154K | -17,755 | Closed |
|
|
1SB
105
1ST Source Bank
South Bend,
Indiana
| – | -$138K | -15,900 | Closed |
|
106
Comerica Bank
Dallas,
Texas
| – | -$110K | -12,712 | Closed |
|
|
MBT
107
Monroe Bank & Trust
Monroe,
Michigan
| – | -$26K | -3,000 | Closed |
|
|
TF
108
Trutina Financial
Bellevue,
Washington
| – | -$3K | -333 | Closed |
|
JPS Hedge Fund Activity: Q2 2014 in Review
102 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q2 2014, worth a combined $131M — up 4.7% from $125M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new JPS positions and 7 closed out — a net gain of 8 holders — while 26 added to existing stakes and 30 trimmed.
The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $2.01M. The largest seller was Invesco, cutting an estimated $1.62M.
- 102 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q2 2014, up from 94 in Q1 2014.
- Funds reported $131M of Nuveen Preferred & Income Securities Fund stock for Q2 2014, up 4.7% quarter-over-quarter.
- 15 funds opened new Nuveen Preferred & Income Securities Fund positions in Q2 2014 and 7 closed out, a net change of +8 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q2 2014 was Thrivent Financial for Lutherans, an estimated $2.01M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q2 2014 was Invesco, an estimated $1.62M sold.
Based on aggregated 13F filings for Q2 2014.