NUVEEN QUALITY PFD INCOME FD
JTP
JTP was delisted on the 6th of May, 2016.
73 hedge funds and large institutions have $65.1M invested in NUVEEN QUALITY PFD INCOME FD in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
4% more funds holding
Funds holding: 70 → 73 (+3)
4% more capital invested
Capital invested by funds: $62.4M → $65.1M (+$2.72M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.52M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$2.09M |
| 3 |
SG Americas Securities
New York
|
+$833K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$573K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$520K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FRM
Fore Research & Management
New York
|
-$2M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.86M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.27M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.03M |
| 5 |
Morgan Stanley
New York
|
-$839K |
JTP Hedge Fund Activity: Q4 2013 in Review
73 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in NUVEEN QUALITY PFD INCOME FD (JTP) for Q4 2013, worth a combined $65.1M — up 4.4% from $62.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new JTP positions and 10 closed out — a net gain of 3 holders — while 25 added to existing stakes and 22 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $5.52M. The largest seller was Fore Research & Management, exiting entirely with an estimated $2M sold.
- 73 institutional investors held NUVEEN QUALITY PFD INCOME FD (JTP) as of Q4 2013, up from 70 in Q3 2013.
- Funds reported $65.1M of NUVEEN QUALITY PFD INCOME FD stock for Q4 2013, up 4.4% quarter-over-quarter.
- 13 funds opened new NUVEEN QUALITY PFD INCOME FD positions in Q4 2013 and 10 closed out, a net change of +3 holders.
- The largest NUVEEN QUALITY PFD INCOME FD buyer in Q4 2013 was Saba Capital Management, an estimated $5.52M added.
- The largest NUVEEN QUALITY PFD INCOME FD seller in Q4 2013 was Fore Research & Management, an estimated $2M sold.
Based on aggregated 13F filings for Q4 2013.