Nuveen Preferred & Income Securities Fund
JPS was delisted on the 3rd of November, 2023.
222 hedge funds and large institutions have $332M invested in Nuveen Preferred & Income Securities Fund in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 73 increasing their positions, 63 reducing their positions, and 17 closing their positions.
53% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 17
16% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 63
6% more capital invested
Capital invested by funds: $313M → $332M (+$18.8M)
4% more funds holding
Funds holding: 213 → 222 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.34M |
| 2 |
AU
Algebris (UK)
London,
United Kingdom
|
+$7.97M |
| 3 |
SCM
Saba Capital Management
New York
|
+$5.22M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.91M |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$4.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$16.6M |
| 2 |
Cerity Partners
New York
|
-$2.46M |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$2.23M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$1.19M |
| 5 |
JWM
Jupiter Wealth Management
Glendale,
Colorado
|
-$1.18M |
JPS Hedge Fund Activity: Q3 2023 in Review
222 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen Preferred & Income Securities Fund (JPS) for Q3 2023, worth a combined $332M — up 6% from $313M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new JPS positions and 17 closed out — a net gain of 9 holders — while 73 added to existing stakes and 63 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.34M. The largest seller was Rivernorth Capital Management, cutting an estimated $16.6M.
- 222 institutional investors held Nuveen Preferred & Income Securities Fund (JPS) as of Q3 2023, up from 213 in Q2 2023.
- Funds reported $332M of Nuveen Preferred & Income Securities Fund stock for Q3 2023, up 6% quarter-over-quarter.
- 26 funds opened new Nuveen Preferred & Income Securities Fund positions in Q3 2023 and 17 closed out, a net change of +9 holders.
- The largest Nuveen Preferred & Income Securities Fund buyer in Q3 2023 was Morgan Stanley, an estimated $8.34M added.
- The largest Nuveen Preferred & Income Securities Fund seller in Q3 2023 was Rivernorth Capital Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q3 2023.