Nuveen Multi-Market Income Fund
24 hedge funds and large institutions have $20M invested in Nuveen Multi-Market Income Fund in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 13 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 23 → 24 (+1)
0.49% less ownership
Funds ownership: 28.37% → 27.88% (-0.49%)
3% less capital invested
Capital invested by funds: $20.6M → $20M (-$614K)
77% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$191K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$184K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$139K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$89K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$20.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$375K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$242K |
| 3 |
SCM
Saba Capital Management
New York
|
-$143K |
| 4 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$64.5K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$48.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| – | -$8K | -1,000 | Closed |
|
27
Citigroup
New York
| – | -$8K | -980 | Closed |
|
JMM Hedge Fund Activity: Q1 2015 in Review
24 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen Multi-Market Income Fund (JMM) for Q1 2015, worth a combined $20M — down 3% from $20.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new JMM positions and 3 closed out — a net gain of 1 holder — while 3 added to existing stakes and 13 trimmed.
The largest buyer was Arlington Capital Management, opening a new position worth an estimated $191K. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $375K.
- 24 institutional investors held Nuveen Multi-Market Income Fund (JMM) as of Q1 2015, up from 23 in Q4 2014.
- Funds reported $20M of Nuveen Multi-Market Income Fund stock for Q1 2015, down 3% quarter-over-quarter.
- 4 funds opened new Nuveen Multi-Market Income Fund positions in Q1 2015 and 3 closed out, a net change of +1 holder.
- The largest Nuveen Multi-Market Income Fund buyer in Q1 2015 was Arlington Capital Management, an estimated $191K added.
- The largest Nuveen Multi-Market Income Fund seller in Q1 2015 was Thomas J. Herzfeld Advisors, an estimated $375K sold.
Based on aggregated 13F filings for Q1 2015.