Nuveen Mortgage and Income Fund
34 hedge funds and large institutions have $99.7M invested in Nuveen Mortgage and Income Fund in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 6 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
11% more capital invested
Capital invested by funds: $90.2M → $99.7M (+$9.51M)
2.97% more ownership
Funds ownership: 21.58% → 24.54% (+3%)
8% less funds holding
Funds holding: 37 → 34 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$5.21M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.65M |
| 3 |
SCM
Saba Capital Management
New York
|
+$2.24M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$898K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$559K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$783K |
| 2 |
Cohen & Steers
New York
|
-$458K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$395K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$251K |
| 5 |
Morgan Stanley
New York
|
-$169K |
JLS Hedge Fund Activity: Q3 2014 in Review
34 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage and Income Fund (JLS) for Q3 2014, worth a combined $99.7M — up 11% from $90.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of JLS and 3 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 16 added.
The largest buyer was Grantham, Mayo, Van Otterloo & Co (GMO), adding an estimated $5.21M. The largest seller was Rivernorth Capital Management, cutting an estimated $783K.
- 34 institutional investors held Nuveen Mortgage and Income Fund (JLS) as of Q3 2014, down from 37 in Q2 2014.
- Funds reported $99.7M of Nuveen Mortgage and Income Fund stock for Q3 2014, up 11% quarter-over-quarter.
- 3 funds opened new Nuveen Mortgage and Income Fund positions in Q3 2014 and 6 closed out, a net change of -3 holders.
- The largest Nuveen Mortgage and Income Fund buyer in Q3 2014 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $5.21M added.
- The largest Nuveen Mortgage and Income Fund seller in Q3 2014 was Rivernorth Capital Management, an estimated $783K sold.
Based on aggregated 13F filings for Q3 2014.