Nuveen Mortgage and Income Fund
41 hedge funds and large institutions have $163M invested in Nuveen Mortgage and Income Fund in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 6 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
0.85% less ownership
Funds ownership: 38.36% → 37.5% (-0.85%)
4% less capital invested
Capital invested by funds: $169M → $163M (-$6.27M)
2% less funds holding
Funds holding: 42 → 41 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.16M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$727K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$632K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$407K |
| 5 |
Morgan Stanley
New York
|
+$365K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$2.5M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.29M |
| 3 |
RVPG
Relative Value Partners Group
|
-$1.25M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.06M |
| 5 |
LJAC
L.J. Altfest & Co
New York
|
-$988K |
JLS Hedge Fund Activity: Q4 2017 in Review
41 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage and Income Fund (JLS) for Q4 2017, worth a combined $163M — down 3.7% from $169M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of JLS and 5 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 16 added.
The largest buyer was Wells Fargo, adding an estimated $2.16M. The largest seller was Bessemer Group, cutting an estimated $2.5M.
- 41 institutional investors held Nuveen Mortgage and Income Fund (JLS) as of Q4 2017, down from 42 in Q3 2017.
- Funds reported $163M of Nuveen Mortgage and Income Fund stock for Q4 2017, down 3.7% quarter-over-quarter.
- 5 funds opened new Nuveen Mortgage and Income Fund positions in Q4 2017 and 6 closed out, a net change of -1 holder.
- The largest Nuveen Mortgage and Income Fund buyer in Q4 2017 was Wells Fargo, an estimated $2.16M added.
- The largest Nuveen Mortgage and Income Fund seller in Q4 2017 was Bessemer Group, an estimated $2.5M sold.
Based on aggregated 13F filings for Q4 2017.