Nuveen Global High Income Fund
JGH
49 hedge funds and large institutions have $92.8M invested in Nuveen Global High Income Fund in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 10 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
4% less capital invested
Capital invested by funds: $96.6M → $92.8M (-$3.81M)
3.44% less ownership
Funds ownership: 28.77% → 25.33% (-3.4%)
4% less funds holding
Funds holding: 51 → 49 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.53M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$1.08M |
| 3 |
Morgan Stanley
New York
|
+$779K |
| 4 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$706K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$5.03M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.21M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.87M |
| 4 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$1.18M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$842K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFA
51
First Foundation Advisors
Irvine,
California
| – | -$842K | -58,546 | Closed |
|
52
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$465K | -32,371 | Closed |
|
|
YCM
53
Yakira Capital Management
Westport,
Connecticut
| – | -$353K | -24,500 | Closed |
|
|
LCM
54
Landscape Capital Management
Englewood,
New Jersey
| – | -$287K | -19,941 | Closed |
|
|
OC
55
Oppenheimer & Co
New York
| – | -$248K | -17,250 | Closed |
|
|
HCM
56
Hollencrest Capital Management
Newport Beach,
California
| – | -$173K | -12,004 | Closed |
|
|
DA
57
Doliver Advisors
Houston,
Texas
| – | -$164K | -11,284 | Closed |
|
|
SCM
58
Southport Capital Management
Chattanooga,
Tennessee
| – | -$28K | -1,937 | Closed |
|
|
AA
59
Apriem Advisors
Irvine,
California
| – | -$15K | -1,025 | Closed |
|
JGH Hedge Fund Activity: Q3 2016 in Review
49 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Global High Income Fund (JGH) for Q3 2016, worth a combined $92.8M — down 3.9% from $96.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of JGH and 8 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 18 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.53M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $5.03M sold.
- 49 institutional investors held Nuveen Global High Income Fund (JGH) as of Q3 2016, down from 51 in Q2 2016.
- Funds reported $92.8M of Nuveen Global High Income Fund stock for Q3 2016, down 3.9% quarter-over-quarter.
- 8 funds opened new Nuveen Global High Income Fund positions in Q3 2016 and 10 closed out, a net change of -2 holders.
- The largest Nuveen Global High Income Fund buyer in Q3 2016 was Guggenheim Capital, an estimated $1.53M added.
- The largest Nuveen Global High Income Fund seller in Q3 2016 was Laurion Capital Management, an estimated $5.03M sold.
Based on aggregated 13F filings for Q3 2016.