Nuveen Multi-Market Income Fund
20 hedge funds and large institutions have $29.8M invested in Nuveen Multi-Market Income Fund in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 5 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
0.76% more ownership
Funds ownership: 44.15% → 44.91% (+0.76%)
1% less capital invested
Capital invested by funds: $30.1M → $29.8M (-$363K)
9% less funds holding
Funds holding: 22 → 20 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$356K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$307K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$299K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$202K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$175K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$898K |
| 2 |
SCM
Saba Capital Management
New York
|
-$125K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$99K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$21K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$21K |
JMM Hedge Fund Activity: Q2 2018 in Review
20 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Nuveen Multi-Market Income Fund (JMM) for Q2 2018, worth a combined $29.8M — down 1.2% from $30.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of JMM and 3 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 9 added.
The largest buyer was Relative Value Partners Group, adding an estimated $356K. The largest seller was Sit Investment Associates, cutting an estimated $898K.
- 20 institutional investors held Nuveen Multi-Market Income Fund (JMM) as of Q2 2018, down from 22 in Q1 2018.
- Funds reported $29.8M of Nuveen Multi-Market Income Fund stock for Q2 2018, down 1.2% quarter-over-quarter.
- 3 funds opened new Nuveen Multi-Market Income Fund positions in Q2 2018 and 5 closed out, a net change of -2 holders.
- The largest Nuveen Multi-Market Income Fund buyer in Q2 2018 was Relative Value Partners Group, an estimated $356K added.
- The largest Nuveen Multi-Market Income Fund seller in Q2 2018 was Sit Investment Associates, an estimated $898K sold.
Based on aggregated 13F filings for Q2 2018.