Nuveen Global High Income Fund
JGH
64 hedge funds and large institutions have $100M invested in Nuveen Global High Income Fund in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 10 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
3.68% more ownership
Funds ownership: 26.77% → 30.45% (+3.7%)
2% more funds holding
Funds holding: 63 → 64 (+1)
15% less capital invested
Capital invested by funds: $118M → $100M (-$17.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.82M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.11M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.05M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$944K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$767K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$20.2M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$564K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$563K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$487K |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$426K |
JGH Hedge Fund Activity: Q4 2018 in Review
64 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Nuveen Global High Income Fund (JGH) for Q4 2018, worth a combined $100M — down 15% from $118M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new JGH positions and 10 closed out — a net gain of 1 holder — while 23 added to existing stakes and 14 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $5.82M. The largest seller was Ameriprise, exiting entirely with an estimated $20.2M sold.
- 64 institutional investors held Nuveen Global High Income Fund (JGH) as of Q4 2018, up from 63 in Q3 2018.
- Funds reported $100M of Nuveen Global High Income Fund stock for Q4 2018, down 15% quarter-over-quarter.
- 11 funds opened new Nuveen Global High Income Fund positions in Q4 2018 and 10 closed out, a net change of +1 holder.
- The largest Nuveen Global High Income Fund buyer in Q4 2018 was Saba Capital Management, an estimated $5.82M added.
- The largest Nuveen Global High Income Fund seller in Q4 2018 was Ameriprise, an estimated $20.2M sold.
Based on aggregated 13F filings for Q4 2018.