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Nuveen Mortgage and Income Fund

41 hedge funds and large institutions have $161M invested in Nuveen Mortgage and Income Fund in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

60% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 10

6% more capital invested

Capital invested by funds: $152M → $161M (+$9.13M)

0.31% more ownership

Funds ownership: 38.74%39.05% (+0.31%)

5% less funds holding

Funds holding: 4341 (-2)

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3

Holders
41
Holders Change
-2
Holders Change %
-4.65%
% of All Funds
1.09%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.08%
New
1
Increased
16
Reduced
10
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVPG
1
Relative Value Partners Group
$35.2M +$1.62M +68,085 +5%
Wells Fargo
2
Wells Fargo
California
$20.9M +$1.95M +82,105 +11%
Bank of America
3
Bank of America
North Carolina
$14.4M -$649K -27,319 -4%
RCM
4
Rivernorth Capital Management
Florida
$11.7M +$196K +8,239 +2%
HCM
5
Hilton Capital Management
New York
$10.8M
PAIM
6
Punch & Associates Investment Management
Minnesota
$9.71M +$203K +8,547 +2%
EVM
7
Eaton Vance Management
Massachusetts
$7.84M
SIA
8
Sit Investment Associates
Minnesota
$5.81M +$232K +9,774 +4%
Bessemer Group
9
Bessemer Group
New Jersey
$5.59M +$110K +4,631 +2%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$5.36M +$257K +10,828 +5%
Morgan Stanley
11
Morgan Stanley
New York
$5.22M -$20.5K -864 -0.4%
COLIM
12
City of London Investment Management
United Kingdom
$4.7M -$688K -28,951 -13%
UBS Group
13
UBS Group
Switzerland
$3.98M -$1.37M -57,539 -26%
NVIM
14
New Vernon Investment Management
Illinois
$3.69M
LJAC
15
L.J. Altfest & Co
New York
$3.11M +$135K +5,669 +5%
Ameriprise
16
Ameriprise
Minnesota
$2.9M +$1.17M +49,443 +70%
LPL Financial
17
LPL Financial
California
$1.42M +$1.4M +59,089 New
WMG
18
WESCAP Management Group
California
$1.29M -$622K -26,192 -33%
DBT
19
Dubuque Bank & Trust
Iowa
$1.04M +$89.8K +3,779 +10%
TIM
20
Tortoise Investment Management
New York
$804K
PAG
21
Private Advisor Group
New Jersey
$692K -$18.8K -792 -3%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$630K -$78.6K -3,310 -11%
Stifel Financial
23
Stifel Financial
Missouri
$582K +$96.2K +4,050 +20%
RGC
24
Roberts, Glore & Co
Illinois
$545K -$54K -2,275 -9%
UR
25
USCA RIA
Texas
$538K

JLS Hedge Fund Activity: Q3 2016 in Review

41 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage and Income Fund (JLS) for Q3 2016, worth a combined $161M — up 6% from $152M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of JLS and 1 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 16 added.

The largest buyer was Wells Fargo, adding an estimated $1.95M. The largest seller was Paloma Partners, exiting entirely with an estimated $2.43M sold.

  • 41 institutional investors held Nuveen Mortgage and Income Fund (JLS) as of Q3 2016, down from 43 in Q2 2016.
  • Funds reported $161M of Nuveen Mortgage and Income Fund stock for Q3 2016, up 6% quarter-over-quarter.
  • 1 fund opened new Nuveen Mortgage and Income Fund positions in Q3 2016 and 3 closed out, a net change of -2 holders.
  • The largest Nuveen Mortgage and Income Fund buyer in Q3 2016 was Wells Fargo, an estimated $1.95M added.
  • The largest Nuveen Mortgage and Income Fund seller in Q3 2016 was Paloma Partners, an estimated $2.43M sold.

Based on aggregated 13F filings for Q3 2016.