Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
146 hedge funds and large institutions have $247M invested in Nuveen Preferred & Income Securities Fund in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 50 increasing their positions, 40 reducing their positions, and 11 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 40
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
5% more capital invested
Capital invested by funds: $235M → $247M (+$12.2M)
1% more funds holding
Funds holding: 145 → 146 (+1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.84M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.17M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.11M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$824K |
| 5 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$557K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$6.1M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.69M |
| 3 |
Morgan Stanley
New York
|
-$1.51M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$966K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$755K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIAN
151
Mariner Independent Advisor Network
Overland Park,
Kansas
| – | -$471K | -49,413 | Closed |
|
|
WIA
152
Westbourne Investment Advisors
Annapolis,
Maryland
| – | -$291K | -30,550 | Closed |
|
153
Millennium Management
New York
| – | -$244K | -25,568 | Closed |
|
|
IAA
154
Ironsides Asset Advisors
Rocky Mount,
North Carolina
| – | -$224K | -23,313 | Closed |
|
155
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$173K | -18,106 | Closed |
|
|
HFS
156
HL Financial Services
Louisville,
Kentucky
| – | -$97K | -10,215 | Closed |
|
157
Goldman Sachs
New York
| – | -$97K | -10,136 | Closed |
|
|
NMC
158
Nine Masts Capital
Central,
Hong Kong
| – | -$95K | -10,000 | Closed |
|
|
WAM
159
Wolverine Asset Management
Chicago,
Illinois
| – | -$7K | -737 | Closed |
|
JPS Hedge Fund Activity: Q2 2017 in Review
146 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q2 2017, worth a combined $247M — up 5.2% from $235M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new JPS positions and 11 closed out — a net gain of 2 holders — while 50 added to existing stakes and 40 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $3.84M. The largest seller was LPL Financial, cutting an estimated $6.1M.
- 146 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q2 2017, up from 145 in Q1 2017.
- Funds reported $247M of Nuveen Preferred & Income Securities Fund stock for Q2 2017, up 5.2% quarter-over-quarter.
- 13 funds opened new Nuveen Preferred & Income Securities Fund positions in Q2 2017 and 11 closed out, a net change of +2 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q2 2017 was Bank of Montreal, an estimated $3.84M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q2 2017 was LPL Financial, an estimated $6.1M sold.
Based on aggregated 13F filings for Q2 2017.