Nuveen Mortgage Opportunity Term Fund 2
JMT
JMT was delisted on the 13th of December, 2019.
20 hedge funds and large institutions have $20.6M invested in Nuveen Mortgage Opportunity Term Fund 2 in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 5 closing their positions.
9% less funds holding
Funds holding: 22 → 20 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
41% less capital invested
Capital invested by funds: $35.1M → $20.6M (-$14.5M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
FNY Investment Advisers
New York
|
+$128K |
| 2 |
RVPG
Relative Value Partners Group
|
+$119K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$25.1K |
| 4 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$13.2K |
| 5 |
MFG
Magnus Financial Group
New York
|
+$4.47K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$10.9M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.79M |
| 3 |
Morgan Stanley
New York
|
-$1.13M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$861K |
| 5 |
WMA
Wealth Management Associates
Cherry Hill,
New Jersey
|
-$694K |
JMT Hedge Fund Activity: Q3 2019 in Review
20 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Nuveen Mortgage Opportunity Term Fund 2 (JMT) for Q3 2019, worth a combined $20.6M — down 41% from $35.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of JMT and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was FNY Investment Advisers, opening a new position worth an estimated $128K. The largest seller was Integrated Wealth Concepts, cutting an estimated $10.9M.
- 20 institutional investors held Nuveen Mortgage Opportunity Term Fund 2 (JMT) as of Q3 2019, down from 22 in Q2 2019.
- Funds reported $20.6M of Nuveen Mortgage Opportunity Term Fund 2 stock for Q3 2019, down 41% quarter-over-quarter.
- 3 funds opened new Nuveen Mortgage Opportunity Term Fund 2 positions in Q3 2019 and 5 closed out, a net change of -2 holders.
- The largest Nuveen Mortgage Opportunity Term Fund 2 buyer in Q3 2019 was FNY Investment Advisers, an estimated $128K added.
- The largest Nuveen Mortgage Opportunity Term Fund 2 seller in Q3 2019 was Integrated Wealth Concepts, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2019.