Nuveen Credit Opportunities 2022 Target Term Fund
JCO
JCO was delisted on the 25th of May, 2022.
20 hedge funds and large institutions have $32.9M invested in Nuveen Credit Opportunities 2022 Target Term Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 2 reducing their positions, and 8 closing their positions.
450% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 2
21% more capital invested
Capital invested by funds: $27.2M → $32.9M (+$5.75M)
13% less funds holding
Funds holding: 23 → 20 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.75M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$380K |
| 3 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
+$252K |
| 4 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
+$234K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$529K |
| 2 |
SS
Sunbelt Securities
Houston,
Texas
|
-$229K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$196K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$167K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSAM
26
Moloney Securities Asset Management
Manchester,
Missouri
| – | -$119K | -14,033 | Closed |
|
|
SS
27
Sunbelt Securities
Houston,
Texas
| – | -$229K | -2,231 | Closed |
|
28
Citigroup
New York
| – | -$10K | -1,162 | Closed |
|
JCO Hedge Fund Activity: Q1 2019 in Review
20 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Opportunities 2022 Target Term Fund (JCO) for Q1 2019, worth a combined $32.9M — up 21% from $27.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of JCO and 5 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 11 added.
The largest buyer was Morgan Stanley, adding an estimated $1.75M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $529K sold.
- 20 institutional investors held Nuveen Credit Opportunities 2022 Target Term Fund (JCO) as of Q1 2019, down from 23 in Q4 2018.
- Funds reported $32.9M of Nuveen Credit Opportunities 2022 Target Term Fund stock for Q1 2019, up 21% quarter-over-quarter.
- 5 funds opened new Nuveen Credit Opportunities 2022 Target Term Fund positions in Q1 2019 and 8 closed out, a net change of -3 holders.
- The largest Nuveen Credit Opportunities 2022 Target Term Fund buyer in Q1 2019 was Morgan Stanley, an estimated $1.75M added.
- The largest Nuveen Credit Opportunities 2022 Target Term Fund seller in Q1 2019 was Shaker Financial Services, an estimated $529K sold.
Based on aggregated 13F filings for Q1 2019.