Nuveen Mortgage and Income Fund
JLS
37 hedge funds and large institutions have $90.2M invested in Nuveen Mortgage and Income Fund in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
26% more capital invested
Capital invested by funds: $71.5M → $90.2M (+$18.7M)
23% more funds holding
Funds holding: 30 → 37 (+7)
2.45% more ownership
Funds ownership: 19.13% → 21.58% (+2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$6.55M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.65M |
| 3 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
+$3.54M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.93M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$9.67M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.32M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.23M |
| 4 |
Goldman Sachs
New York
|
-$327K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$247K |
JLS Hedge Fund Activity: Q2 2014 in Review
37 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage and Income Fund (JLS) for Q2 2014, worth a combined $90.2M — up 26% from $71.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new JLS positions and 3 closed out — a net gain of 7 holders — while 15 added to existing stakes and 8 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $6.55M. The largest seller was Pine River Capital Management, exiting entirely with an estimated $9.67M sold.
- 37 institutional investors held Nuveen Mortgage and Income Fund (JLS) as of Q2 2014, up from 30 in Q1 2014.
- Funds reported $90.2M of Nuveen Mortgage and Income Fund stock for Q2 2014, up 26% quarter-over-quarter.
- 10 funds opened new Nuveen Mortgage and Income Fund positions in Q2 2014 and 3 closed out, a net change of +7 holders.
- The largest Nuveen Mortgage and Income Fund buyer in Q2 2014 was Saba Capital Management, an estimated $6.55M added.
- The largest Nuveen Mortgage and Income Fund seller in Q2 2014 was Pine River Capital Management, an estimated $9.67M sold.
Based on aggregated 13F filings for Q2 2014.