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.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+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: 43 → 44 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$16.7M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.21M |
| 3 |
Morgan Stanley
New York
|
+$285K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$252K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$133K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
-$2.65M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.45M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.27M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$571K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$404K |
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.