Nuveen Credit Strategies Income Fund
JQC
147 hedge funds and large institutions have $293M invested in Nuveen Credit Strategies Income Fund in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 54 increasing their positions, 39 reducing their positions, and 20 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 39
0.25% less ownership
Funds ownership: 42.61% → 42.36% (-0.25%)
2% less capital invested
Capital invested by funds: $300M → $293M (-$6.85M)
7% less funds holding
Funds holding: 158 → 147 (-11)
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.36M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$4.19M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$3.67M |
| 4 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$2.49M |
| 5 |
Cohen & Steers
New York
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$8.96M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$5.1M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.01M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.72M |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$1.48M |
JQC Hedge Fund Activity: Q3 2022 in Review
147 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q3 2022, worth a combined $293M — down 2.3% from $300M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of JQC and 11 opened new positions — a net loss of 9 holders — while 39 trimmed existing stakes and 54 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $5.36M. The largest seller was Bramshill Investments, cutting an estimated $8.96M.
- 147 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q3 2022, down from 158 in Q2 2022.
- Funds reported $293M of Nuveen Credit Strategies Income Fund stock for Q3 2022, down 2.3% quarter-over-quarter.
- 11 funds opened new Nuveen Credit Strategies Income Fund positions in Q3 2022 and 20 closed out, a net change of -9 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q3 2022 was Saba Capital Management, an estimated $5.36M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q3 2022 was Bramshill Investments, an estimated $8.96M sold.
Based on aggregated 13F filings for Q3 2022.