Nuveen Credit Strategies Income Fund
JQC
129 hedge funds and large institutions have $307M invested in Nuveen Credit Strategies Income Fund in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 47 reducing their positions, and 20 closing their positions.
2% more capital invested
Capital invested by funds: $300M → $307M (+$7.27M)
0.28% less ownership
Funds ownership: 39.02% → 38.73% (-0.28%)
2% less funds holding
Funds holding: 131 → 129 (-2)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
23% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 47
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$8.15M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$5.62M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.16M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.93M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
-$4.13M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.17M |
| 3 |
Goldman Sachs
New York
|
-$2.96M |
| 4 |
SCM
Saba Capital Management
New York
|
-$2.31M |
| 5 |
VEA
Virtus ETF Advisers
New York
|
-$2.3M |
JQC Hedge Fund Activity: Q2 2020 in Review
129 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q2 2020, worth a combined $307M — up 2.4% from $300M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of JQC and 18 opened new positions — a net loss of 2 holders — while 47 trimmed existing stakes and 36 added.
The largest buyer was Oaktree Capital Management, opening a new position worth an estimated $8.15M. The largest seller was Natixis, cutting an estimated $4.13M.
- 129 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q2 2020, down from 131 in Q1 2020.
- Funds reported $307M of Nuveen Credit Strategies Income Fund stock for Q2 2020, up 2.4% quarter-over-quarter.
- 18 funds opened new Nuveen Credit Strategies Income Fund positions in Q2 2020 and 20 closed out, a net change of -2 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q2 2020 was Oaktree Capital Management, an estimated $8.15M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q2 2020 was Natixis, an estimated $4.13M sold.
Based on aggregated 13F filings for Q2 2020.