Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
223 hedge funds and large institutions have $320M invested in Nuveen Preferred & Income Securities Fund in 2022 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 67 increasing their positions, 58 reducing their positions, and 26 closing their positions.
88% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 26
16% more capital invested
Capital invested by funds: $276M → $320M (+$43.8M)
16% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 58
8% more funds holding
Funds holding: 206 → 223 (+17)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$15.8M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$8.93M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.5M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.97M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
-$2.03M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.92M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.38M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
-$676K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$527K |
JPS Hedge Fund Activity: Q4 2022 in Review
223 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q4 2022, worth a combined $320M — up 16% from $276M a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new JPS positions and 26 closed out — a net gain of 23 holders — while 67 added to existing stakes and 58 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $15.8M. The largest seller was Penn Mutual Asset Management, exiting entirely with an estimated $2.03M sold.
- 223 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q4 2022, up from 206 in Q3 2022.
- Funds reported $320M of Nuveen Preferred & Income Securities Fund stock for Q4 2022, up 16% quarter-over-quarter.
- 49 funds opened new Nuveen Preferred & Income Securities Fund positions in Q4 2022 and 26 closed out, a net change of +23 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q4 2022 was Rivernorth Capital Management, an estimated $15.8M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q4 2022 was Penn Mutual Asset Management, an estimated $2.03M sold.
Based on aggregated 13F filings for Q4 2022.