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Nuveen Multi-Market Income Fund

19 hedge funds and large institutions have $27.2M invested in Nuveen Multi-Market Income Fund in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more capital invested

Capital invested by funds: $25.3M → $27.2M (+$1.92M)

1.35% more ownership

Funds ownership: 37.04%38.4% (+1.4%)

14% less funds holding

Funds holding: 2219 (-3)

17% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 6

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

Holders
19
Holders Change
-3
Holders Change %
-13.64%
% of All Funds
0.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
5
Reduced
6
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$18.7M +$2.12M +288,941 +13%
1CP
2
1607 Capital Partners
Virginia
$5.94M -$413K -56,329 -7%
TJHA
3
Thomas J. Herzfeld Advisors
Florida
$624K -$122K -16,644 -17%
SCM
4
Sterneck Capital Management
Missouri
$480K -$116K -15,866 -20%
PMG
5
ProVise Management Group
Florida
$360K -$5.86K -800 -2%
RVPG
6
Relative Value Partners Group
$329K -$349K -47,601 -52%
SCM
7
Saba Capital Management
New York
$129K
Ameriprise
8
Ameriprise
Minnesota
$125K +$123K +16,750 New
Wells Fargo
9
Wells Fargo
California
$111K -$38.7K -5,286 -26%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$94K +$7.58K +1,034 +9%
NL
11
NWAM LLC
Washington
$93K +$388 +53 +0.4%
Morgan Stanley
12
Morgan Stanley
New York
$88K +$3.68K +502 +4%
Bank of America
13
Bank of America
North Carolina
$80K +$7.33K +1,000 +10%
IWMPD
14
Integrated Wealth Management (Palm Desert)
California
$37K
LTFS
15
Ladenburg Thalmann Financial Services
Florida
$13K
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$10K
KF
17
Krilogy Financial
Missouri
$7K
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$4K
LPL Financial
19
LPL Financial
California
-$126K -17,473 Closed
LCM
20
Landscape Capital Management
New Jersey
-$119K -16,530 Closed
AIG
21
American International Group
New York
-$19K -2,700 Closed
Citigroup
22
Citigroup
New York
-$5K -727 Closed
TRCT
23
Tower Research Capital (TRC)
New York
-$1K -200 Closed
UBS Group
24
UBS Group
Switzerland
+$132 +18 New

JMM Hedge Fund Activity: Q2 2016 in Review

19 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Multi-Market Income Fund (JMM) for Q2 2016, worth a combined $27.2M — up 7.6% from $25.3M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of JMM and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 5 added.

The largest buyer was Sit Investment Associates, adding an estimated $2.12M. The largest seller was 1607 Capital Partners, cutting an estimated $413K.

  • 19 institutional investors held Nuveen Multi-Market Income Fund (JMM) as of Q2 2016, down from 22 in Q1 2016.
  • Funds reported $27.2M of Nuveen Multi-Market Income Fund stock for Q2 2016, up 7.6% quarter-over-quarter.
  • 2 funds opened new Nuveen Multi-Market Income Fund positions in Q2 2016 and 5 closed out, a net change of -3 holders.
  • The largest Nuveen Multi-Market Income Fund buyer in Q2 2016 was Sit Investment Associates, an estimated $2.12M added.
  • The largest Nuveen Multi-Market Income Fund seller in Q2 2016 was 1607 Capital Partners, an estimated $413K sold.

Based on aggregated 13F filings for Q2 2016.