Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
180 hedge funds and large institutions have $213M invested in Nuveen Preferred & Income Securities Fund in 2018 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 49 increasing their positions, 46 reducing their positions, and 30 closing their positions.
30% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 30
4% more funds holding
Funds holding: 173 → 180 (+7)
7% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 46
18% less capital invested
Capital invested by funds: $258M → $213M (-$45.6M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$14.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$4.38M |
| 3 |
BlackRock
New York
|
+$3.77M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$3.25M |
| 5 |
Morgan Stanley
New York
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$3.11M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.41M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$2.34M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$2.11M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.76M |
JPS Hedge Fund Activity: Q4 2018 in Review
180 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q4 2018, worth a combined $213M — down 18% from $258M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new JPS positions and 30 closed out — a net gain of 9 holders — while 49 added to existing stakes and 46 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $14.1M. The largest seller was Nine Masts Capital, exiting entirely with an estimated $3.11M sold.
- 180 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q4 2018, up from 173 in Q3 2018.
- Funds reported $213M of Nuveen Preferred & Income Securities Fund stock for Q4 2018, down 18% quarter-over-quarter.
- 39 funds opened new Nuveen Preferred & Income Securities Fund positions in Q4 2018 and 30 closed out, a net change of +9 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $14.1M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q4 2018 was Nine Masts Capital, an estimated $3.11M sold.
Based on aggregated 13F filings for Q4 2018.