Nuveen Mortgage and Income Fund
47 hedge funds and large institutions have $136M invested in Nuveen Mortgage and Income Fund in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 11 reducing their positions, and 8 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 11
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
9% more capital invested
Capital invested by funds: $124M → $136M (+$11.7M)
7% more funds holding
Funds holding: 44 → 47 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.98% less ownership
Funds ownership: 34.92% → 31.94% (-3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$7.52M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.87M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.38M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$546K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$16.3M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$7.24M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.01M |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$957K |
JLS Hedge Fund Activity: Q1 2019 in Review
47 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage and Income Fund (JLS) for Q1 2019, worth a combined $136M — up 9.5% from $124M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new JLS positions and 8 closed out — a net gain of 3 holders — while 19 added to existing stakes and 11 trimmed.
The largest buyer was Icon Advisers, opening a new position worth an estimated $7.52M. The largest seller was Hilton Capital Management, exiting entirely with an estimated $16.3M sold.
- 47 institutional investors held Nuveen Mortgage and Income Fund (JLS) as of Q1 2019, up from 44 in Q4 2018.
- Funds reported $136M of Nuveen Mortgage and Income Fund stock for Q1 2019, up 9.5% quarter-over-quarter.
- 11 funds opened new Nuveen Mortgage and Income Fund positions in Q1 2019 and 8 closed out, a net change of +3 holders.
- The largest Nuveen Mortgage and Income Fund buyer in Q1 2019 was Icon Advisers, an estimated $7.52M added.
- The largest Nuveen Mortgage and Income Fund seller in Q1 2019 was Hilton Capital Management, an estimated $16.3M sold.
Based on aggregated 13F filings for Q1 2019.