Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
85 hedge funds and large institutions have $121M invested in Nuveen Preferred & Income Securities Fund in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 30 increasing their positions, 28 reducing their positions, and 13 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 28
1% more capital invested
Capital invested by funds: $119M → $121M (+$1.66M)
9% less funds holding
Funds holding: 93 → 85 (-8)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.11M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$2.6M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.5M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$1.92M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$992K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$867K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$774K |
| 4 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$512K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$511K |
JPS Hedge Fund Activity: Q3 2013 in Review
85 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q3 2013, worth a combined $121M — up 1.4% from $119M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of JPS and 6 opened new positions — a net loss of 7 holders — while 28 trimmed existing stakes and 30 added.
The largest buyer was Morgan Stanley, adding an estimated $3.11M. The largest seller was Invesco, cutting an estimated $992K.
- 85 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q3 2013, down from 93 in Q2 2013.
- Funds reported $121M of Nuveen Preferred & Income Securities Fund stock for Q3 2013, up 1.4% quarter-over-quarter.
- 6 funds opened new Nuveen Preferred & Income Securities Fund positions in Q3 2013 and 13 closed out, a net change of -7 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q3 2013 was Morgan Stanley, an estimated $3.11M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q3 2013 was Invesco, an estimated $992K sold.
Based on aggregated 13F filings for Q3 2013.