Nuveen Credit Opportunities 2022 Target Term Fund
JCO
JCO was delisted on the 25th of May, 2022.
23 hedge funds and large institutions have $31M invested in Nuveen Credit Opportunities 2022 Target Term Fund in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
15% less capital invested
Capital invested by funds: $36.3M → $31M (-$5.34M)
18% less funds holding
Funds holding: 28 → 23 (-5)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.08M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$871K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$444K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$379K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$519K |
| 2 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$267K |
| 3 |
Bank of New York Mellon
New York
|
-$251K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$201K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$136K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAIM
26
Punch & Associates Investment Management
Edina,
Minnesota
| – | -$201K | -20,074 | Closed |
|
|
27
Envestnet Asset Management
Chicago,
Illinois
| – | -$136K | -13,600 | Closed |
|
|
SG
28
StoneX Group
New York
| – | -$106K | -10,600 | Closed |
|
29
Comerica Bank
Dallas,
Texas
| – | -$100K | -10,000 | Closed |
|
JCO Hedge Fund Activity: Q1 2020 in Review
23 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Opportunities 2022 Target Term Fund (JCO) for Q1 2020, worth a combined $31M — down 15% from $36.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of JCO and 3 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 9 added.
The largest buyer was Morgan Stanley, adding an estimated $2.08M. The largest seller was Cetera Advisor Networks, exiting entirely with an estimated $519K sold.
- 23 institutional investors held Nuveen Credit Opportunities 2022 Target Term Fund (JCO) as of Q1 2020, down from 28 in Q4 2019.
- Funds reported $31M of Nuveen Credit Opportunities 2022 Target Term Fund stock for Q1 2020, down 15% quarter-over-quarter.
- 3 funds opened new Nuveen Credit Opportunities 2022 Target Term Fund positions in Q1 2020 and 6 closed out, a net change of -3 holders.
- The largest Nuveen Credit Opportunities 2022 Target Term Fund buyer in Q1 2020 was Morgan Stanley, an estimated $2.08M added.
- The largest Nuveen Credit Opportunities 2022 Target Term Fund seller in Q1 2020 was Cetera Advisor Networks, an estimated $519K sold.
Based on aggregated 13F filings for Q1 2020.