Nuveen Mortgage and Income Fund
JLS
35 hedge funds and large institutions have $40.3M invested in Nuveen Mortgage and Income Fund in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 13 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
22% less funds holding
Funds holding: 45 → 35 (-10)
24.26% less ownership
Funds ownership: 35.8% → 11.54% (-24%)
65% less capital invested
Capital invested by funds: $113M → $40.3M (-$73.2M)
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$616K |
| 2 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$423K |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$422K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$338K |
| 5 |
Rockefeller Capital Management
New York
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$30.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$10M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$8.86M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$8.66M |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$5.98M |
JLS Hedge Fund Activity: Q4 2019 in Review
35 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage and Income Fund (JLS) for Q4 2019, worth a combined $40.3M — down 65% from $113M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of JLS and 4 opened new positions — a net loss of 9 holders — while 13 trimmed existing stakes and 13 added.
The largest buyer was Landscape Capital Management, opening a new position worth an estimated $616K. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $30.9M sold.
- 35 institutional investors held Nuveen Mortgage and Income Fund (JLS) as of Q4 2019, down from 45 in Q3 2019.
- Funds reported $40.3M of Nuveen Mortgage and Income Fund stock for Q4 2019, down 65% quarter-over-quarter.
- 4 funds opened new Nuveen Mortgage and Income Fund positions in Q4 2019 and 13 closed out, a net change of -9 holders.
- The largest Nuveen Mortgage and Income Fund buyer in Q4 2019 was Landscape Capital Management, an estimated $616K added.
- The largest Nuveen Mortgage and Income Fund seller in Q4 2019 was Relative Value Partners Group, an estimated $30.9M sold.
Based on aggregated 13F filings for Q4 2019.