Nuveen Credit Strategies Income Fund
JQC
115 hedge funds and large institutions have $361M invested in Nuveen Credit Strategies Income Fund in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 35 increasing their positions, 41 reducing their positions, and 18 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
0.41% less ownership
Funds ownership: 33.33% → 32.92% (-0.41%)
1% less capital invested
Capital invested by funds: $363M → $361M (-$1.87M)
4% less funds holding
Funds holding: 120 → 115 (-5)
15% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 41
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.4M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.93M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.37M |
| 4 |
ICM
Ionic Capital Management
New York
|
+$1.26M |
| 5 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$4.6M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$2.28M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.15M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.76M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OC
126
Oppenheimer & Co
New York
| – | -$91K | -11,500 | Closed |
|
|
CAN
127
Cetera Advisor Networks
El Segundo,
California
| – | -$91K | -11,338 | Closed |
|
128
Northern Trust
Chicago,
Illinois
| – | -$83K | -10,500 | Closed |
|
|
RJT
129
Raymond James Trust
St. Petersburg,
Florida
| – | -$83K | -10,492 | Closed |
|
|
WPW
130
Waldron Private Wealth
Bridgeville,
Pennsylvania
| – | -$79K | -10,000 | Closed |
|
|
M
131
MOTCO
San Antonio,
Texas
| – | -$17K | -2,100 | Closed |
|
|
BWA
132
Burt Wealth Advisors
North Bethesda,
Maryland
| – | -$16K | -2,058 | Closed |
|
|
FCCM
133
First City Capital Management
Savannah,
Georgia
| – | -$9.49K | -1,200 | Closed |
|
|
TF
134
Tompkins Financial
Ithaca,
New York
| – | -$5K | -624 | Closed |
|
JQC Hedge Fund Activity: Q2 2016 in Review
115 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q2 2016, worth a combined $361M — down 0.51% from $363M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of JQC and 14 opened new positions — a net loss of 4 holders — while 41 trimmed existing stakes and 35 added.
The largest buyer was UBS Group, adding an estimated $2.4M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $4.6M sold.
- 115 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q2 2016, down from 120 in Q1 2016.
- Funds reported $361M of Nuveen Credit Strategies Income Fund stock for Q2 2016, down 0.51% quarter-over-quarter.
- 14 funds opened new Nuveen Credit Strategies Income Fund positions in Q2 2016 and 18 closed out, a net change of -4 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q2 2016 was UBS Group, an estimated $2.4M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $4.6M sold.
Based on aggregated 13F filings for Q2 2016.