Nuveen Credit Strategies Income Fund
JQC
125 hedge funds and large institutions have $391M invested in Nuveen Credit Strategies Income Fund in 2017 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 26 increasing their positions, 41 reducing their positions, and 11 closing their positions.
191% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 11
19% more funds holding
Funds holding: 105 → 125 (+20)
6% more capital invested
Capital invested by funds: $370M → $391M (+$21.1M)
2.78% more ownership
Funds ownership: 30.69% → 33.47% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
37% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$11.3M |
| 2 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
+$5.35M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$4.67M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.47M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.72M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$970K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$945K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$933K |
JQC Hedge Fund Activity: Q4 2017 in Review
125 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q4 2017, worth a combined $391M — up 5.7% from $370M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new JQC positions and 11 closed out — a net gain of 21 holders — while 26 added to existing stakes and 41 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $11.3M. The largest seller was Guggenheim Capital, cutting an estimated $2M.
- 125 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q4 2017, up from 105 in Q3 2017.
- Funds reported $391M of Nuveen Credit Strategies Income Fund stock for Q4 2017, up 5.7% quarter-over-quarter.
- 32 funds opened new Nuveen Credit Strategies Income Fund positions in Q4 2017 and 11 closed out, a net change of +21 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q4 2017 was Bramshill Investments, an estimated $11.3M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q4 2017 was Guggenheim Capital, an estimated $2M sold.
Based on aggregated 13F filings for Q4 2017.