Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
172 hedge funds and large institutions have $224M invested in Nuveen Preferred & Income Securities Fund in 2019 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 51 increasing their positions, 51 reducing their positions, and 31 closing their positions.
5% more capital invested
Capital invested by funds: $213M → $224M (+$11.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 51
4% less funds holding
Funds holding: 180 → 172 (-8)
16% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$19.5M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$9.45M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.35M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.39M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$898K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$15.2M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$6.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$4.73M |
| 4 |
BlackRock
New York
|
-$3.77M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$3.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IIM
201
Ipswich Investment Management
Beverly,
Massachusetts
| – | -$3K | -350 | Closed |
|
|
GWMIA
202
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$2K | -265 | Closed |
|
|
CFD
203
Creative Financial Designs
Kokomo,
Indiana
| – | -$1K | -100 | Closed |
|
204
Fidelity Investments
Boston,
Massachusetts
| – | -$9 | -1 | -25% |
|
JPS Hedge Fund Activity: Q1 2019 in Review
172 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q1 2019, worth a combined $224M — up 5.4% from $213M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of JPS and 26 opened new positions — a net loss of 5 holders — while 51 trimmed existing stakes and 51 added.
The largest buyer was UBS Group, adding an estimated $19.5M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $15.2M sold.
- 172 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q1 2019, down from 180 in Q4 2018.
- Funds reported $224M of Nuveen Preferred & Income Securities Fund stock for Q1 2019, up 5.4% quarter-over-quarter.
- 26 funds opened new Nuveen Preferred & Income Securities Fund positions in Q1 2019 and 31 closed out, a net change of -5 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q1 2019 was UBS Group, an estimated $19.5M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $15.2M sold.
Based on aggregated 13F filings for Q1 2019.