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Nuveen Multi-Market Income Fund

23 hedge funds and large institutions have $20.6M invested in Nuveen Multi-Market Income Fund in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

10% more funds holding

Funds holding: 2123 (+2)

8% more capital invested

Capital invested by funds: $19.1M → $20.6M (+$1.5M)

1.65% more ownership

Funds ownership: 26.72%28.37% (+1.6%)

14% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 7

Holders
23
Holders Change
+2
Holders Change %
+9.52%
% of All Funds
0.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
6
Reduced
7
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$11.9M +$1.03M +134,579 +10%
1CP
2
1607 Capital Partners
Virginia
$2.94M +$951K +124,853 +48%
TJHA
3
Thomas J. Herzfeld Advisors
Florida
$1.25M -$261K -34,290 -17%
RVP
4
Relative Value Partners
Illinois
$979K +$300K +39,414 +45%
SCM
5
Sterneck Capital Management
Missouri
$667K +$6.3K +827 +1%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$633K -$208K -27,245 -25%
SCM
7
Saba Capital Management
New York
$555K
PMG
8
ProVise Management Group
Florida
$409K -$15.2K -2,000 -4%
DA
9
Doliver Advisors
Texas
$341K -$268K -35,123 -44%
Wells Fargo
10
Wells Fargo
California
$341K +$16.8K +2,205 +5%
IT
11
Independence Trust
Tennessee
$178K +$177K +23,266 New
Morgan Stanley
12
Morgan Stanley
New York
$116K -$111K -14,512 -49%
Bank of America
13
Bank of America
North Carolina
$95K +$7.03K +923 +8%
NL
14
NWAM LLC
Washington
$93K +$92K +12,077 New
UBS Group
15
UBS Group
Switzerland
$46K +$46K +6,038 New
WRM
16
Westport Resources Management
Connecticut
$19K
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$15K -$3.05K -400 -17%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$13K -$6.1K -800 -32%
TRCT
19
Tower Research Capital (TRC)
New York
$12K +$12.2K +1,600 New
Citigroup
20
Citigroup
New York
$8K
Creative Planning
21
Creative Planning
Kansas
$8K +$7.62K +1,000 New
MFS
22
MSI Financial Services
Massachusetts
$5K
NFG
23
Next Financial Group
Texas
$5K
WAM
24
Wolverine Asset Management
Illinois
-$292K -38,756 Closed
LCM
25
Landscape Capital Management
New Jersey
-$195K -25,809 Closed

JMM Hedge Fund Activity: Q4 2014 in Review

23 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Nuveen Multi-Market Income Fund (JMM) for Q4 2014, worth a combined $20.6M — up 7.9% from $19.1M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new JMM positions and 2 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 $1.03M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $292K sold.

  • 23 institutional investors held Nuveen Multi-Market Income Fund (JMM) as of Q4 2014, up from 21 in Q3 2014.
  • Funds reported $20.6M of Nuveen Multi-Market Income Fund stock for Q4 2014, up 7.9% quarter-over-quarter.
  • 5 funds opened new Nuveen Multi-Market Income Fund positions in Q4 2014 and 2 closed out, a net change of +3 holders.
  • The largest Nuveen Multi-Market Income Fund buyer in Q4 2014 was Sit Investment Associates, an estimated $1.03M added.
  • The largest Nuveen Multi-Market Income Fund seller in Q4 2014 was Wolverine Asset Management, an estimated $292K sold.

Based on aggregated 13F filings for Q4 2014.