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Nuveen Mortgage and Income Fund

44 hedge funds and large institutions have $124M invested in Nuveen Mortgage and Income Fund in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

3.99% more ownership

Funds ownership: 30.93%34.92% (+4%)

2% more funds holding

Funds holding: 4344 (+1)

7% less capital invested

Capital invested by funds: $134M → $124M (-$9.77M)

27% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 15

Holders
44
Holders Change
+1
Holders Change %
+2.33%
% of All Funds
0.98%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
9
Increased
11
Reduced
15
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVPG
1
Relative Value Partners Group
$28.6M -$126K -5,360 -0.4%
Bank of America
2
Bank of America
North Carolina
$16.6M -$33.6K -1,423 -0.2%
HCM
3
Hilton Capital Management
New York
$15.8M +$16.7M +708,592 New
RCM
4
Rivernorth Capital Management
Florida
$11.4M +$2.21M +93,461 +23%
PAIM
5
Punch & Associates Investment Management
Minnesota
$8.55M -$1.45M -61,327 -14%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$7.54M -$72.5K -3,072 -0.9%
EVM
7
Eaton Vance Management
Massachusetts
$7.24M -$7.08K -300 -0.1%
Morgan Stanley
8
Morgan Stanley
New York
$6.23M +$285K +12,068 +5%
Ameriprise
9
Ameriprise
Minnesota
$3.44M -$23.4K -992 -0.6%
SIA
10
Sit Investment Associates
Minnesota
$2.84M -$51.9K -2,200 -2%
WMA
11
Wealth Management Associates
New Jersey
$2.34M +$2.47M +104,562 New
Wells Fargo
12
Wells Fargo
California
$2.16M +$133K +5,638 +6%
FTI
13
Fiduciary Trust International
Massachusetts
$1.71M +$17.4K +738 +1%
RJA
14
Raymond James & Associates
Florida
$1.58M -$178K -7,550 -10%
Invesco
15
Invesco
Georgia
$1.17M -$404K -17,108 -25%
TIM
16
Tortoise Investment Management
New York
$948K -$101K -4,293 -9%
PAG
17
Private Advisor Group
New Jersey
$612K +$12.6K +533 +2%
UBS Group
18
UBS Group
Switzerland
$562K -$109K -4,640 -16%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$560K +$35.3K +1,494 +6%
Lido Advisors
20
Lido Advisors
California
$474K +$40.6K +1,719 +9%
Mirae Asset Global Investments
21
Mirae Asset Global Investments
South Korea
$441K +$46.2K +1,960 +11%
SFS
22
Sowell Financial Services
Arkansas
$401K
LJAC
23
L.J. Altfest & Co
New York
$381K -$165K -6,990 -29%
MFG
24
Magnus Financial Group
New York
$343K +$362K +15,337 New
RGC
25
Roberts, Glore & Co
Illinois
$333K -$3.54K -150 -1%

JLS Hedge Fund Activity: Q4 2018 in Review

44 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage and Income Fund (JLS) for Q4 2018, worth a combined $124M — down 7.3% from $134M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new JLS positions and 8 closed out — a net gain of 1 holder — while 11 added to existing stakes and 15 trimmed.

The largest buyer was Hilton Capital Management, opening a new position worth an estimated $16.7M. The largest seller was New Vernon Investment Management, exiting entirely with an estimated $2.65M sold.

  • 44 institutional investors held Nuveen Mortgage and Income Fund (JLS) as of Q4 2018, up from 43 in Q3 2018.
  • Funds reported $124M of Nuveen Mortgage and Income Fund stock for Q4 2018, down 7.3% quarter-over-quarter.
  • 9 funds opened new Nuveen Mortgage and Income Fund positions in Q4 2018 and 8 closed out, a net change of +1 holder.
  • The largest Nuveen Mortgage and Income Fund buyer in Q4 2018 was Hilton Capital Management, an estimated $16.7M added.
  • The largest Nuveen Mortgage and Income Fund seller in Q4 2018 was New Vernon Investment Management, an estimated $2.65M sold.

Based on aggregated 13F filings for Q4 2018.