NUVEEN QUALITY PFD INCOME FD
JTP
JTP was delisted on the 6th of May, 2016.
67 hedge funds and large institutions have $56.2M invested in NUVEEN QUALITY PFD INCOME FD in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 11 closing their positions.
8% less funds holding
Funds holding: 73 → 67 (-6)
14% less capital invested
Capital invested by funds: $65.1M → $56.2M (-$8.92M)
19% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 26
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$700K |
| 2 |
SCM
Saba Capital Management
New York
|
+$597K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$488K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$221K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$2.53M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.57M |
| 4 |
Barclays
London,
United Kingdom
|
-$1.22M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$995K |
JTP Hedge Fund Activity: Q1 2014 in Review
67 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in NUVEEN QUALITY PFD INCOME FD (JTP) for Q1 2014, worth a combined $56.2M — down 14% from $65.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of JTP and 6 opened new positions — a net loss of 5 holders — while 26 trimmed existing stakes and 21 added.
The largest buyer was TFS Capital, opening a new position worth an estimated $700K. The largest seller was Royal Bank of Canada, cutting an estimated $3M.
- 67 institutional investors held NUVEEN QUALITY PFD INCOME FD (JTP) as of Q1 2014, down from 73 in Q4 2013.
- Funds reported $56.2M of NUVEEN QUALITY PFD INCOME FD stock for Q1 2014, down 14% quarter-over-quarter.
- 6 funds opened new NUVEEN QUALITY PFD INCOME FD positions in Q1 2014 and 11 closed out, a net change of -5 holders.
- The largest NUVEEN QUALITY PFD INCOME FD buyer in Q1 2014 was TFS Capital, an estimated $700K added.
- The largest NUVEEN QUALITY PFD INCOME FD seller in Q1 2014 was Royal Bank of Canada, an estimated $3M sold.
Based on aggregated 13F filings for Q1 2014.