Nuveen Credit Strategies Income Fund
JQC
149 hedge funds and large institutions have $272M invested in Nuveen Credit Strategies Income Fund in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 45 increasing their positions, 41 reducing their positions, and 17 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 41
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 39.65% → 39.64% (-0.01%)
1% less capital invested
Capital invested by funds: $274M → $272M (-$2.6M)
2% less funds holding
Funds holding: 152 → 149 (-3)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.23M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.82M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.11M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.01M |
| 5 |
PMG
Private Management Group
Irvine,
California
|
+$983K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.16M |
| 2 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$2.83M |
| 3 |
Cohen & Steers
New York
|
-$2.17M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$561K |
JQC Hedge Fund Activity: Q2 2023 in Review
149 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q2 2023, worth a combined $272M — down 0.95% from $274M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of JQC and 15 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 45 added.
The largest buyer was Saba Capital Management, adding an estimated $4.23M. The largest seller was Sit Investment Associates, cutting an estimated $5.16M.
- 149 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q2 2023, down from 152 in Q1 2023.
- Funds reported $272M of Nuveen Credit Strategies Income Fund stock for Q2 2023, down 0.95% quarter-over-quarter.
- 15 funds opened new Nuveen Credit Strategies Income Fund positions in Q2 2023 and 17 closed out, a net change of -2 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q2 2023 was Saba Capital Management, an estimated $4.23M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q2 2023 was Sit Investment Associates, an estimated $5.16M sold.
Based on aggregated 13F filings for Q2 2023.