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JPS

Nuveen Preferred & Income Securities Fund

Delisted

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

175 hedge funds and large institutions have $243M invested in Nuveen Preferred & Income Securities Fund in 2020 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 57 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more capital invested

Capital invested by funds: $219M → $243M (+$24.2M)

7% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 57

3% less funds holding

Funds holding: 180175 (-5)

16% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 19

Holders
175
Holders Change
-5
Holders Change %
-2.78%
% of All Funds
3.53%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
53
Reduced
57
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$27.6M +$15M +1,683,360 +117%
UBS Group
2
UBS Group
Switzerland
$24.1M +$377K +42,345 +2%
BI
3
Bramshill Investments
Florida
$22.9M +$8.96M +1,006,928 +64%
Morgan Stanley
4
Morgan Stanley
New York
$21.9M -$977K -109,738 -4%
Bank of America
5
Bank of America
North Carolina
$16.5M +$1.58M +177,672 +10%
Invesco
6
Invesco
Georgia
$14.8M -$2.3M -258,486 -13%
Wells Fargo
7
Wells Fargo
California
$13.5M -$703K -79,024 -5%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$11.8M +$507K +56,919 +4%
LPL Financial
9
LPL Financial
California
$7.2M +$82.3K +9,240 +1%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$4.32M -$920K -103,343 -17%
RJA
11
Raymond James & Associates
Florida
$4.04M -$808K -90,810 -17%
PPA
12
Parametric Portfolio Associates
Washington
$3.89M +$316K +35,491 +9%
Osaic Holdings
13
Osaic Holdings
Arizona
$3.69M +$76.3K +8,567 +2%
PMAM
14
Penn Mutual Asset Management
Pennsylvania
$3.68M
Cohen & Steers
15
Cohen & Steers
New York
$3.48M
GIP
16
Greatmark Investment Partners
Georgia
$3.4M +$28.5K +3,203 +0.8%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$3.35M -$282K -31,672 -8%
SWP
18
Stratos Wealth Partners
Ohio
$3.12M -$3.96K -445 -0.1%
Ameriprise
19
Ameriprise
Minnesota
$2.88M +$880K +98,881 +43%
GWM
20
Geneos Wealth Management
Colorado
$2.16M +$13.1K +1,471 +0.6%
AAS
21
Avantax Advisory Services
Texas
$2.13M +$1.26M +140,990 +139%
BRWM
22
B. Riley Wealth Management
Tennessee
$2.05M +$114K +12,852 +6%
MC
23
Moors & Cabot
Massachusetts
$1.96M +$102K +11,415 +5%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$1.96M -$244K -27,359 -11%
PAMP
25
Polar Asset Management Partners
Ontario, Canada
$1.66M

JPS Hedge Fund Activity: Q3 2020 in Review

175 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q3 2020, worth a combined $243M — up 11% from $219M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of JPS and 16 opened new positions — a net loss of 3 holders — while 57 trimmed existing stakes and 53 added.

The largest buyer was Sit Investment Associates, adding an estimated $15M. The largest seller was Invesco, cutting an estimated $2.3M.

  • 175 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q3 2020, down from 180 in Q2 2020.
  • Funds reported $243M of Nuveen Preferred & Income Securities Fund stock for Q3 2020, up 11% quarter-over-quarter.
  • 16 funds opened new Nuveen Preferred & Income Securities Fund positions in Q3 2020 and 19 closed out, a net change of -3 holders.
  • The largest Nuveen Preferred & Income Securities Fund buyer in Q3 2020 was Sit Investment Associates, an estimated $15M added.
  • The largest Nuveen Preferred & Income Securities Fund seller in Q3 2020 was Invesco, an estimated $2.3M sold.

Based on aggregated 13F filings for Q3 2020.