Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
104 hedge funds and large institutions have $130M invested in Nuveen Preferred & Income Securities Fund in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 6 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
2% more funds holding
Funds holding: 102 → 104 (+2)
1% less capital invested
Capital invested by funds: $131M → $130M (-$1.31M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.79M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$614K |
| 4 |
LPL Financial
San Diego,
California
|
+$507K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$450K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$1.94M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.21M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$786K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$480K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$273K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBPWM
101
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $2K | +$36 | +4 | +2% |
|
|
GSC
102
Ground Swell Capital
Folly Beach,
South Carolina
| $1K | +$995 | +111 | New |
|
103
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $57 | – | – | – |
|
|
BCMU
104
BlueCrest Capital Management (UK)
St. Peter Port,
Guernsey
| – | -$181K | -19,996 | Closed |
|
|
CAM
105
Columbia Asset Management
Ann Arbor,
Michigan
| – | -$90K | -10,000 | Closed |
|
|
SCM
106
Stonebridge Capital Management
Los Angeles,
California
| – | -$90K | -10,000 | Closed |
|
|
PMFA
107
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$14K | -1,510 | Closed |
|
|
NMIS
108
Northwestern Mutual Investment Services
Milwaukee,
Wisconsin
| – | -$2K | -167 | Closed |
|
|
1IC
109
1919 Investment Counsel
Baltimore,
Maryland
| – | -$1K | -65 | Closed |
|
JPS Hedge Fund Activity: Q3 2014 in Review
104 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q3 2014, worth a combined $130M — down 1% from $131M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new JPS positions and 6 closed out — a net gain of 2 holders — while 36 added to existing stakes and 25 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.8M. The largest seller was UBS, cutting an estimated $1.94M.
- 104 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q3 2014, up from 102 in Q2 2014.
- Funds reported $130M of Nuveen Preferred & Income Securities Fund stock for Q3 2014, down 1% quarter-over-quarter.
- 8 funds opened new Nuveen Preferred & Income Securities Fund positions in Q3 2014 and 6 closed out, a net change of +2 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q3 2014 was Morgan Stanley, an estimated $1.8M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q3 2014 was UBS, an estimated $1.94M sold.
Based on aggregated 13F filings for Q3 2014.