Nuveen Credit Strategies Income Fund
JQC
128 hedge funds and large institutions have $425M invested in Nuveen Credit Strategies Income Fund in 2018 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 40 reducing their positions, and 18 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
9% more capital invested
Capital invested by funds: $391M → $425M (+$34.4M)
4.34% more ownership
Funds ownership: 33.47% → 37.81% (+4.3%)
2% more funds holding
Funds holding: 125 → 128 (+3)
0% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$22.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$11.2M |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$11.1M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$7.7M |
| 5 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$8.29M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.01M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$4.64M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
-$2.55M |
| 5 |
Morgan Stanley
New York
|
-$1.82M |
JQC Hedge Fund Activity: Q1 2018 in Review
128 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q1 2018, worth a combined $425M — up 8.8% from $391M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new JQC positions and 18 closed out — a net gain of 3 holders — while 40 added to existing stakes and 40 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $22.8M. The largest seller was Cohen & Steers, cutting an estimated $8.29M.
- 128 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q1 2018, up from 125 in Q4 2017.
- Funds reported $425M of Nuveen Credit Strategies Income Fund stock for Q1 2018, up 8.8% quarter-over-quarter.
- 21 funds opened new Nuveen Credit Strategies Income Fund positions in Q1 2018 and 18 closed out, a net change of +3 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q1 2018 was Saba Capital Management, an estimated $22.8M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q1 2018 was Cohen & Steers, an estimated $8.29M sold.
Based on aggregated 13F filings for Q1 2018.