Nuveen Credit Strategies Income Fund
JQC
140 hedge funds and large institutions have $306M invested in Nuveen Credit Strategies Income Fund in 2020 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 37 increasing their positions, 44 reducing their positions, and 19 closing their positions.
63% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 19
9% more funds holding
Funds holding: 129 → 140 (+11)
2% more capital invested
Capital invested by funds: $301M → $306M (+$4.67M)
2.47% less ownership
Funds ownership: 38.07% → 35.6% (-2.5%)
16% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 44
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$11M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.48M |
| 3 |
OHA
Oak Hill Advisors
New York
|
+$2.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.44M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$19.3M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$16.5M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.81M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.57M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.5M |
JQC Hedge Fund Activity: Q4 2020 in Review
140 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q4 2020, worth a combined $306M — up 1.6% from $301M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new JQC positions and 19 closed out — a net gain of 12 holders — while 37 added to existing stakes and 44 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $11M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $19.3M sold.
- 140 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q4 2020, up from 129 in Q3 2020.
- Funds reported $306M of Nuveen Credit Strategies Income Fund stock for Q4 2020, up 1.6% quarter-over-quarter.
- 31 funds opened new Nuveen Credit Strategies Income Fund positions in Q4 2020 and 19 closed out, a net change of +12 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q4 2020 was Bramshill Investments, an estimated $11M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q4 2020 was JP Morgan Chase, an estimated $19.3M sold.
Based on aggregated 13F filings for Q4 2020.