Nuveen Mortgage and Income Fund
JLS
45 hedge funds and large institutions have $151M invested in Nuveen Mortgage and Income Fund in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
12% more capital invested
Capital invested by funds: $135M → $151M (+$16.4M)
7% more funds holding
Funds holding: 42 → 45 (+3)
4.12% more ownership
Funds ownership: 35.37% → 39.5% (+4.1%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$17.8M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$7.01M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$3.97M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.9M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PT Asset Management
Chicago,
Illinois
|
-$9.01M |
| 2 |
SCM
Saba Capital Management
New York
|
-$6.79M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$2.68M |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$1.84M |
| 5 |
Citigroup
New York
|
-$1.71M |
JLS Hedge Fund Activity: Q4 2015 in Review
45 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage and Income Fund (JLS) for Q4 2015, worth a combined $151M — up 12% from $135M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new JLS positions and 4 closed out — a net gain of 3 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Relative Value Partners Group, adding an estimated $17.8M. The largest seller was PT Asset Management, exiting entirely with an estimated $9.01M sold.
- 45 institutional investors held Nuveen Mortgage and Income Fund (JLS) as of Q4 2015, up from 42 in Q3 2015.
- Funds reported $151M of Nuveen Mortgage and Income Fund stock for Q4 2015, up 12% quarter-over-quarter.
- 7 funds opened new Nuveen Mortgage and Income Fund positions in Q4 2015 and 4 closed out, a net change of +3 holders.
- The largest Nuveen Mortgage and Income Fund buyer in Q4 2015 was Relative Value Partners Group, an estimated $17.8M added.
- The largest Nuveen Mortgage and Income Fund seller in Q4 2015 was PT Asset Management, an estimated $9.01M sold.
Based on aggregated 13F filings for Q4 2015.