Nuveen Global High Income Fund
JGH
55 hedge funds and large institutions have $136M invested in Nuveen Global High Income Fund in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 14 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
21% more capital invested
Capital invested by funds: $112M → $136M (+$23.4M)
2% more ownership
Funds ownership: 33.64% → 35.64% (+2%)
13% less funds holding
Funds holding: 63 → 55 (-8)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$10.5M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.92M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$372K |
| 4 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
+$276K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$5.17M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.18M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$997K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$702K |
JGH Hedge Fund Activity: Q4 2019 in Review
55 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Nuveen Global High Income Fund (JGH) for Q4 2019, worth a combined $136M — up 21% from $112M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of JGH and 6 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 24 added.
The largest buyer was McGowan Group Asset Management, adding an estimated $10.5M. The largest seller was Saba Capital Management, cutting an estimated $5.17M.
- 55 institutional investors held Nuveen Global High Income Fund (JGH) as of Q4 2019, down from 63 in Q3 2019.
- Funds reported $136M of Nuveen Global High Income Fund stock for Q4 2019, up 21% quarter-over-quarter.
- 6 funds opened new Nuveen Global High Income Fund positions in Q4 2019 and 14 closed out, a net change of -8 holders.
- The largest Nuveen Global High Income Fund buyer in Q4 2019 was McGowan Group Asset Management, an estimated $10.5M added.
- The largest Nuveen Global High Income Fund seller in Q4 2019 was Saba Capital Management, an estimated $5.17M sold.
Based on aggregated 13F filings for Q4 2019.