Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
133 hedge funds and large institutions have $227M invested in Nuveen Preferred & Income Securities Fund in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 51 increasing their positions, 37 reducing their positions, and 14 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 37
1% less capital invested
Capital invested by funds: $230M → $227M (-$2.69M)
4% less funds holding
Funds holding: 139 → 133 (-6)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$2.28M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.05M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$824K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$708K |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$634K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$5.64M |
| 2 |
Morgan Stanley
New York
|
-$5.09M |
| 3 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$2.25M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.34M |
| 5 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
-$1.33M |
JPS Hedge Fund Activity: Q3 2016 in Review
133 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q3 2016, worth a combined $227M — down 1.2% from $230M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of JPS and 10 opened new positions — a net loss of 4 holders — while 37 trimmed existing stakes and 51 added.
The largest buyer was Kovack Advisors, adding an estimated $2.28M. The largest seller was McGowan Group Asset Management, exiting entirely with an estimated $5.64M sold.
- 133 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q3 2016, down from 139 in Q2 2016.
- Funds reported $227M of Nuveen Preferred & Income Securities Fund stock for Q3 2016, down 1.2% quarter-over-quarter.
- 10 funds opened new Nuveen Preferred & Income Securities Fund positions in Q3 2016 and 14 closed out, a net change of -4 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q3 2016 was Kovack Advisors, an estimated $2.28M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q3 2016 was McGowan Group Asset Management, an estimated $5.64M sold.
Based on aggregated 13F filings for Q3 2016.