Nuveen Mortgage Opportunity Term Fund 2
JMT
JMT was delisted on the 13th of December, 2019.
22 hedge funds and large institutions have $22.5M invested in Nuveen Mortgage Opportunity Term Fund 2 in 2013 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 3 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
2% more capital invested
Capital invested by funds: $22.2M → $22.5M (+$345K)
8% less funds holding
Funds holding: 24 → 22 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.25M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$869K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$807K |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$338K |
| 5 |
Morgan Stanley
New York
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.18M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$827K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$244K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$43K |
| 5 |
LPL Financial
San Diego,
California
|
-$17.2K |
JMT Hedge Fund Activity: Q4 2013 in Review
22 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage Opportunity Term Fund 2 (JMT) for Q4 2013, worth a combined $22.5M — up 1.6% from $22.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of JMT and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 12 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.25M. The largest seller was Invesco, cutting an estimated $1.18M.
- 22 institutional investors held Nuveen Mortgage Opportunity Term Fund 2 (JMT) as of Q4 2013, down from 24 in Q3 2013.
- Funds reported $22.5M of Nuveen Mortgage Opportunity Term Fund 2 stock for Q4 2013, up 1.6% quarter-over-quarter.
- 1 fund opened new Nuveen Mortgage Opportunity Term Fund 2 positions in Q4 2013 and 3 closed out, a net change of -2 holders.
- The largest Nuveen Mortgage Opportunity Term Fund 2 buyer in Q4 2013 was Saba Capital Management, an estimated $1.25M added.
- The largest Nuveen Mortgage Opportunity Term Fund 2 seller in Q4 2013 was Invesco, an estimated $1.18M sold.
Based on aggregated 13F filings for Q4 2013.