Nuveen Mortgage and Income Fund
45 hedge funds and large institutions have $113M invested in Nuveen Mortgage and Income Fund in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 10 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.22% less ownership
Funds ownership: 38.01% → 35.8% (-2.2%)
6% less funds holding
Funds holding: 48 → 45 (-3)
8% less capital invested
Capital invested by funds: $123M → $113M (-$10.1M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$7.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.69M |
| 3 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$1.33M |
| 4 |
RVPG
Relative Value Partners Group
|
+$1.23M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.36M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$5.94M |
| 3 |
Morgan Stanley
New York
|
-$5.23M |
| 4 |
WMA
Wealth Management Associates
Cherry Hill,
New Jersey
|
-$2.67M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1M |
JLS Hedge Fund Activity: Q3 2019 in Review
45 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage and Income Fund (JLS) for Q3 2019, worth a combined $113M — down 8.1% from $123M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of JLS and 7 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 16 added.
The largest buyer was Sit Investment Associates, adding an estimated $7.7M. The largest seller was Royal Bank of Canada, cutting an estimated $7.36M.
- 45 institutional investors held Nuveen Mortgage and Income Fund (JLS) as of Q3 2019, down from 48 in Q2 2019.
- Funds reported $113M of Nuveen Mortgage and Income Fund stock for Q3 2019, down 8.1% quarter-over-quarter.
- 7 funds opened new Nuveen Mortgage and Income Fund positions in Q3 2019 and 10 closed out, a net change of -3 holders.
- The largest Nuveen Mortgage and Income Fund buyer in Q3 2019 was Sit Investment Associates, an estimated $7.7M added.
- The largest Nuveen Mortgage and Income Fund seller in Q3 2019 was Royal Bank of Canada, an estimated $7.36M sold.
Based on aggregated 13F filings for Q3 2019.