Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
93 hedge funds and large institutions have $134M invested in Nuveen Preferred & Income Securities Fund in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 17 closing their positions.
3% more capital invested
Capital invested by funds: $130M → $134M (+$4.04M)
7% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 29
11% less funds holding
Funds holding: 104 → 93 (-11)
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.14M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.53M |
| 3 |
BC
Burney Company
Reston,
Virginia
|
+$1.34M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.27M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$496K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.51M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.64M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.24M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$859K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$555K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PNC
101
Park National Corp
Newark,
Ohio
| – | -$124K | -14,240 | Closed |
|
102
Goldman Sachs
New York
| – | -$114K | -13,046 | Closed |
|
|
ICAS
103
Investors Capital Advisory Services
Lynnfield,
Massachusetts
| – | -$98K | -11,286 | Closed |
|
104
Barclays
London,
United Kingdom
| – | -$80K | -10,000 | Closed |
|
|
PTC
105
Private Trust Company
Cleveland,
Ohio
| – | -$64K | -7,379 | Closed |
|
|
WAM
106
Wolverine Asset Management
Chicago,
Illinois
| – | -$57K | -6,585 | Closed |
|
|
CLOS
107
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$50K | -5,000 | Closed |
|
|
MAA
108
Managed Account Advisors
Jersey City,
New Jersey
| – | -$9K | -1,000 | Closed |
|
|
RIA
109
Regal Investment Advisors
Kentwood,
Michigan
| – | -$8K | -950 | Closed |
|
JPS Hedge Fund Activity: Q4 2014 in Review
93 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q4 2014, worth a combined $134M — up 3.1% from $130M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of JPS and 9 opened new positions — a net loss of 8 holders — while 29 trimmed existing stakes and 27 added.
The largest buyer was Morgan Stanley, adding an estimated $2.14M. The largest seller was Saba Capital Management, exiting entirely with an estimated $3.51M sold.
- 93 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q4 2014, down from 104 in Q3 2014.
- Funds reported $134M of Nuveen Preferred & Income Securities Fund stock for Q4 2014, up 3.1% quarter-over-quarter.
- 9 funds opened new Nuveen Preferred & Income Securities Fund positions in Q4 2014 and 17 closed out, a net change of -8 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q4 2014 was Morgan Stanley, an estimated $2.14M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q4 2014 was Saba Capital Management, an estimated $3.51M sold.
Based on aggregated 13F filings for Q4 2014.