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Nuveen Mortgage and Income Fund

43 hedge funds and large institutions have $134M invested in Nuveen Mortgage and Income Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

8% more funds holding

Funds holding: 4043 (+3)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 14

2.76% less ownership

Funds ownership: 38.55%35.79% (-2.8%)

17% less capital invested

Capital invested by funds: $161M → $134M (-$27.4M)

Holders
43
Holders Change
+3
Holders Change %
+7.5%
% of All Funds
0.98%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
6
Increased
14
Reduced
14
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVPG
1
Relative Value Partners Group
$30.9M -$566K -24,101 -2%
Bank of America
2
Bank of America
North Carolina
$17.2M +$840K +35,794 +5%
HCM
3
Hilton Capital Management
New York
$16.2M +$16.2M +689,031 New
RCM
4
Rivernorth Capital Management
Florida
$10.3M +$1.47M +62,646 +17%
PAIM
5
Punch & Associates Investment Management
Minnesota
$10.3M +$173K +7,367 +2%
EVM
6
Eaton Vance Management
Massachusetts
$7.63M -$7.61M -324,311 -50%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$7.59M +$367K +15,646 +5%
Morgan Stanley
8
Morgan Stanley
New York
$6.51M +$28.6K +1,220 +0.4%
Ameriprise
9
Ameriprise
Minnesota
$5.24M -$7.11M -302,761 -58%
Wells Fargo
10
Wells Fargo
California
$3.31M -$15.1M -641,968 -82%
SIA
11
Sit Investment Associates
Minnesota
$3.04M -$452K -19,241 -13%
NVIM
12
New Vernon Investment Management
Illinois
$2.6M
FTI
13
Fiduciary Trust International
Massachusetts
$1.78M +$91.5K +3,899 +5%
RJA
14
Raymond James & Associates
Florida
$1.67M +$350K +14,902 +27%
Invesco
15
Invesco
Georgia
$1.33M -$363K -15,481 -22%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$1.2M +$1.2M +50,921 New
TIM
17
Tortoise Investment Management
New York
$1.11M +$210K +8,944 +23%
UBS Group
18
UBS Group
Switzerland
$708K +$138K +5,882 +24%
Bessemer Group
19
Bessemer Group
New Jersey
$560K
Bank of New York Mellon
20
Bank of New York Mellon
New York
$534K +$533K +22,721 New
LJAC
21
L.J. Altfest & Co
New York
$522K -$216K -9,197 -29%
SFS
22
Sowell Financial Services
Arkansas
$426K
Lido Advisors
23
Lido Advisors
California
$402K +$69.8K +2,974 +21%
GXMC
24
Global X Management Company
New York
$371K +$15.2K +646 +4%
RGC
25
Roberts, Glore & Co
Illinois
$323K +$3.29K +140 +1%

JLS Hedge Fund Activity: Q2 2018 in Review

43 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage and Income Fund (JLS) for Q2 2018, worth a combined $134M — down 17% from $161M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new JLS positions and 3 closed out — a net gain of 3 holders — while 14 added to existing stakes and 14 trimmed.

The largest buyer was Hilton Capital Management, opening a new position worth an estimated $16.2M. The largest seller was Wells Fargo, cutting an estimated $15.1M.

  • 43 institutional investors held Nuveen Mortgage and Income Fund (JLS) as of Q2 2018, up from 40 in Q1 2018.
  • Funds reported $134M of Nuveen Mortgage and Income Fund stock for Q2 2018, down 17% quarter-over-quarter.
  • 6 funds opened new Nuveen Mortgage and Income Fund positions in Q2 2018 and 3 closed out, a net change of +3 holders.
  • The largest Nuveen Mortgage and Income Fund buyer in Q2 2018 was Hilton Capital Management, an estimated $16.2M added.
  • The largest Nuveen Mortgage and Income Fund seller in Q2 2018 was Wells Fargo, an estimated $15.1M sold.

Based on aggregated 13F filings for Q2 2018.