Nuveen Credit Strategies Income Fund
JQC
110 hedge funds and large institutions have $378M invested in Nuveen Credit Strategies Income Fund in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 35 reducing their positions, and 13 closing their positions.
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
6% more capital invested
Capital invested by funds: $356M → $378M (+$21.9M)
3% more funds holding
Funds holding: 107 → 110 (+3)
2.11% more ownership
Funds ownership: 28.83% → 30.94% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
11% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$8.31M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.69M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$3.08M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.11M |
| 5 |
Cohen & Steers
New York
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.68M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$4.94M |
| 3 |
WMG
WESCAP Management Group
Glendale,
California
|
-$3.83M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.39M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.24M |
JQC Hedge Fund Activity: Q2 2017 in Review
110 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q2 2017, worth a combined $378M — up 6.1% from $356M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new JQC positions and 13 closed out — a net gain of 4 holders — while 31 added to existing stakes and 35 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $8.31M. The largest seller was Morgan Stanley, cutting an estimated $9.68M.
- 110 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q2 2017, up from 107 in Q1 2017.
- Funds reported $378M of Nuveen Credit Strategies Income Fund stock for Q2 2017, up 6.1% quarter-over-quarter.
- 17 funds opened new Nuveen Credit Strategies Income Fund positions in Q2 2017 and 13 closed out, a net change of +4 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q2 2017 was Eaton Vance Management, an estimated $8.31M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q2 2017 was Morgan Stanley, an estimated $9.68M sold.
Based on aggregated 13F filings for Q2 2017.