Nuveen Mortgage and Income Fund
39 hedge funds and large institutions have $148M invested in Nuveen Mortgage and Income Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 10 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
0.51% less ownership
Funds ownership: 39.5% → 38.99% (-0.51%)
2% less capital invested
Capital invested by funds: $151M → $148M (-$3.12M)
13% less funds holding
Funds holding: 45 → 39 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$4.1M |
| 2 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
+$3.95M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$3.12M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.63M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.08M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.91M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$2.76M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$2.06M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.23M |
JLS Hedge Fund Activity: Q1 2016 in Review
39 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage and Income Fund (JLS) for Q1 2016, worth a combined $148M — down 2.1% from $151M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of JLS and 4 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 17 added.
The largest buyer was Relative Value Partners Group, adding an estimated $4.1M. The largest seller was Credit Suisse, exiting entirely with an estimated $5.08M sold.
- 39 institutional investors held Nuveen Mortgage and Income Fund (JLS) as of Q1 2016, down from 45 in Q4 2015.
- Funds reported $148M of Nuveen Mortgage and Income Fund stock for Q1 2016, down 2.1% quarter-over-quarter.
- 4 funds opened new Nuveen Mortgage and Income Fund positions in Q1 2016 and 10 closed out, a net change of -6 holders.
- The largest Nuveen Mortgage and Income Fund buyer in Q1 2016 was Relative Value Partners Group, an estimated $4.1M added.
- The largest Nuveen Mortgage and Income Fund seller in Q1 2016 was Credit Suisse, an estimated $5.08M sold.
Based on aggregated 13F filings for Q1 2016.