Nuveen Multi-Market Income Fund
23 hedge funds and large institutions have $31.1M invested in Nuveen Multi-Market Income Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
5% more funds holding
Funds holding: 22 → 23 (+1)
2.42% more ownership
Funds ownership: 51.42% → 53.84% (+2.4%)
14% less capital invested
Capital invested by funds: $36M → $31.1M (-$4.9M)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.04M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$589K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$169K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$161K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$271K |
| 2 |
SCA
Strategic Capital Advisers
Denver,
Colorado
|
-$149K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$119K |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$78K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$36.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
Ancora Advisors
Cleveland,
Ohio
| – | -$14K | -1,897 | Closed |
|
27
UBS Group
Zurich,
Switzerland
| – | -$5K | -615 | Closed |
|
JMM Hedge Fund Activity: Q1 2020 in Review
23 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Nuveen Multi-Market Income Fund (JMM) for Q1 2020, worth a combined $31.1M — down 14% from $36M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new JMM positions and 4 closed out — a net gain of 3 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.04M. The largest seller was Concourse Financial Group Securities, cutting an estimated $271K.
- 23 institutional investors held Nuveen Multi-Market Income Fund (JMM) as of Q1 2020, up from 22 in Q4 2019.
- Funds reported $31.1M of Nuveen Multi-Market Income Fund stock for Q1 2020, down 14% quarter-over-quarter.
- 7 funds opened new Nuveen Multi-Market Income Fund positions in Q1 2020 and 4 closed out, a net change of +3 holders.
- The largest Nuveen Multi-Market Income Fund buyer in Q1 2020 was Sit Investment Associates, an estimated $1.04M added.
- The largest Nuveen Multi-Market Income Fund seller in Q1 2020 was Concourse Financial Group Securities, an estimated $271K sold.
Based on aggregated 13F filings for Q1 2020.