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JPS

Nuveen Preferred & Income Securities Fund

Delisted

JPS was delisted on the 3rd of November, 2023.

180 hedge funds and large institutions have $219M invested in Nuveen Preferred & Income Securities Fund in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 57 increasing their positions, 50 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more capital invested

Capital invested by funds: $184M → $219M (+$34.7M)

14% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 50

8% less funds holding

Funds holding: 195180 (-15)

52% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 27

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
180
Holders Change
-15
Holders Change %
-7.69%
% of All Funds
3.69%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
13
Increased
57
Reduced
50
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$22.8M -$1.92M -237,105 -8%
Morgan Stanley
2
Morgan Stanley
New York
$21.9M +$1.13M +139,883 +6%
Invesco
3
Invesco
Georgia
$16.4M -$1.66M -205,627 -10%
Bank of America
4
Bank of America
North Carolina
$14.3M +$8.26M +1,020,705 +152%
Wells Fargo
5
Wells Fargo
California
$13.6M +$190K +23,450 +1%
BI
6
Bramshill Investments
Florida
$13.4M +$10.4M +1,283,875 +428%
SIA
7
Sit Investment Associates
Minnesota
$12.2M +$10.8M +1,330,922 +1,179%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$10.8M -$523K -64,613 -5%
LPL Financial
9
LPL Financial
California
$6.83M +$557K +68,796 +9%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$5.01M +$264K +32,657 +6%
RJA
11
Raymond James & Associates
Florida
$4.64M -$14.2M -1,758,032 -76%
MA
12
MUFG Americas
New York
$4.06M
PMAM
13
Penn Mutual Asset Management
Pennsylvania
$3.53M
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$3.48M +$202K +25,015 +6%
Osaic Holdings
15
Osaic Holdings
Arizona
$3.46M -$492K -60,843 -13%
PPA
16
Parametric Portfolio Associates
Washington
$3.43M -$414K -51,215 -11%
Cohen & Steers
17
Cohen & Steers
New York
$3.33M
GIP
18
Greatmark Investment Partners
Georgia
$3.23M +$4.21K +520 +0.1%
SWP
19
Stratos Wealth Partners
Ohio
$3M -$13.7K -1,689 -0.5%
DTIM
20
Danda Trouve Investment Management
Kansas
$2.19M +$19.5K +2,413 +0.9%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$2.11M -$306K -37,853 -13%
GWM
22
Geneos Wealth Management
Colorado
$2.04M -$78.5K -9,698 -4%
WS
23
Wedbush Securities
California
$1.93M -$88K -10,882 -5%
Ameriprise
24
Ameriprise
Minnesota
$1.92M +$148K +18,237 +9%
BRWM
25
B. Riley Wealth Management
Tennessee
$1.85M +$124K +15,276 +7%

JPS Hedge Fund Activity: Q2 2020 in Review

180 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q2 2020, worth a combined $219M — up 19% from $184M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of JPS and 13 opened new positions — a net loss of 14 holders — while 50 trimmed existing stakes and 57 added.

The largest buyer was Sit Investment Associates, adding an estimated $10.8M. The largest seller was Raymond James & Associates, cutting an estimated $14.2M.

  • 180 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q2 2020, down from 195 in Q1 2020.
  • Funds reported $219M of Nuveen Preferred & Income Securities Fund stock for Q2 2020, up 19% quarter-over-quarter.
  • 13 funds opened new Nuveen Preferred & Income Securities Fund positions in Q2 2020 and 27 closed out, a net change of -14 holders.
  • The largest Nuveen Preferred & Income Securities Fund buyer in Q2 2020 was Sit Investment Associates, an estimated $10.8M added.
  • The largest Nuveen Preferred & Income Securities Fund seller in Q2 2020 was Raymond James & Associates, an estimated $14.2M sold.

Based on aggregated 13F filings for Q2 2020.