Nuveen Credit Opportunities 2022 Target Term Fund
JCO
JCO was delisted on the 25th of May, 2022.
10 hedge funds and large institutions have $19.5M invested in Nuveen Credit Opportunities 2022 Target Term Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
39% more capital invested
Capital invested by funds: $14.1M → $19.5M (+$5.44M)
25% more funds holding
Funds holding: 8 → 10 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.97M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$975K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$785K |
| 4 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$774K |
| 5 |
VF
Virtu Financial
New York
|
+$137K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$106K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$26K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$12.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $11.6M | +$2.97M | +296,688 | +34% |
|
|
2
UBS Group
Zurich,
Switzerland
| $4.19M | -$12.9K | -1,291 | -0.3% |
|
|
3
Wells Fargo
San Francisco,
California
| $1.24M | +$785K | +78,511 | +167% |
|
|
4
Bank of America
Charlotte,
North Carolina
| $960K | +$975K | +97,500 | New |
|
|
BRF
5
B. Riley Financial
Los Angeles,
California
| $763K | +$774K | +77,425 | New |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $320K | +$125K | +12,481 | +62% |
|
|
SPC
7
Sigma Planning Corp
Ann Arbor,
Michigan
| $169K | +$61.4K | +6,139 | +56% |
|
|
VF
8
Virtu Financial
New York
| $135K | +$137K | +13,691 | New |
|
|
EWM
9
Edge Wealth Management
New York
| $114K | +$115K | +11,500 | New |
|
|
IA
10
IFP Advisors
Tampa,
Florida
| $30K | – | – | – |
|
|
BTS
11
BB&T Securities
Richmond,
Virginia
| – | -$106K | -10,600 | Closed |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$26K | -2,562 | Closed |
|
JCO Hedge Fund Activity: Q3 2017 in Review
10 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Opportunities 2022 Target Term Fund (JCO) for Q3 2017, worth a combined $19.5M — up 39% from $14.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new JCO positions and 2 closed out — a net gain of 2 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.97M. The largest seller was BB&T Securities, exiting entirely with an estimated $106K sold.
- 10 institutional investors held Nuveen Credit Opportunities 2022 Target Term Fund (JCO) as of Q3 2017, up from 8 in Q2 2017.
- Funds reported $19.5M of Nuveen Credit Opportunities 2022 Target Term Fund stock for Q3 2017, up 39% quarter-over-quarter.
- 4 funds opened new Nuveen Credit Opportunities 2022 Target Term Fund positions in Q3 2017 and 2 closed out, a net change of +2 holders.
- The largest Nuveen Credit Opportunities 2022 Target Term Fund buyer in Q3 2017 was Morgan Stanley, an estimated $2.97M added.
- The largest Nuveen Credit Opportunities 2022 Target Term Fund seller in Q3 2017 was BB&T Securities, an estimated $106K sold.
Based on aggregated 13F filings for Q3 2017.