Nuveen Real Asset Income & Growth Fund
JRI
24 hedge funds and large institutions have $33.2M invested in Nuveen Real Asset Income & Growth Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 6 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
5% less capital invested
Capital invested by funds: $34.8M → $33.2M (-$1.6M)
2.45% less ownership
Funds ownership: 16.87% → 14.42% (-2.4%)
11% less funds holding
Funds holding: 27 → 24 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$609K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$597K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$483K |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
+$219K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.2M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.68M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$660K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$450K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$443K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
26
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$660K | -33,777 | Closed |
|
|
SFS
27
Shaker Financial Services
Arlington,
Virginia
| – | -$450K | -26,874 | Closed |
|
28
Envestnet Asset Management
Chicago,
Illinois
| – | -$118K | -7,055 | Closed |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$117K | -6,954 | Closed |
|
|
MFS
30
MSI Financial Services
Springfield,
Massachusetts
| – | -$10K | -569 | Closed |
|
JRI Hedge Fund Activity: Q1 2014 in Review
24 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Nuveen Real Asset Income & Growth Fund (JRI) for Q1 2014, worth a combined $33.2M — down 4.6% from $34.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of JRI and 3 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $609K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $2.2M sold.
- 24 institutional investors held Nuveen Real Asset Income & Growth Fund (JRI) as of Q1 2014, down from 27 in Q4 2013.
- Funds reported $33.2M of Nuveen Real Asset Income & Growth Fund stock for Q1 2014, down 4.6% quarter-over-quarter.
- 3 funds opened new Nuveen Real Asset Income & Growth Fund positions in Q1 2014 and 6 closed out, a net change of -3 holders.
- The largest Nuveen Real Asset Income & Growth Fund buyer in Q1 2014 was Parametric Portfolio Associates, an estimated $609K added.
- The largest Nuveen Real Asset Income & Growth Fund seller in Q1 2014 was Karpus Investment Management, an estimated $2.2M sold.
Based on aggregated 13F filings for Q1 2014.