Nuveen Multi-Market Income Fund
25 hedge funds and large institutions have $30.8M invested in Nuveen Multi-Market Income Fund in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
25% more funds holding
Funds holding: 20 → 25 (+5)
1.46% more ownership
Funds ownership: 44.91% → 46.37% (+1.5%)
4% more capital invested
Capital invested by funds: $29.5M → $30.8M (+$1.28M)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$716K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$80.8K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$73.7K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$61.6K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$53.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$93K |
| 2 |
Morgan Stanley
New York
|
-$58.1K |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$16.1K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$8.88K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -400 | Closed |
|
JMM Hedge Fund Activity: Q3 2018 in Review
25 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Nuveen Multi-Market Income Fund (JMM) for Q3 2018, worth a combined $30.8M — up 4.3% from $29.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new JMM positions and 1 closed out — a net gain of 5 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $716K. The largest seller was NWAM LLC, cutting an estimated $93K.
- 25 institutional investors held Nuveen Multi-Market Income Fund (JMM) as of Q3 2018, up from 20 in Q2 2018.
- Funds reported $30.8M of Nuveen Multi-Market Income Fund stock for Q3 2018, up 4.3% quarter-over-quarter.
- 6 funds opened new Nuveen Multi-Market Income Fund positions in Q3 2018 and 1 closed out, a net change of +5 holders.
- The largest Nuveen Multi-Market Income Fund buyer in Q3 2018 was Saba Capital Management, an estimated $716K added.
- The largest Nuveen Multi-Market Income Fund seller in Q3 2018 was NWAM LLC, an estimated $93K sold.
Based on aggregated 13F filings for Q3 2018.