Nuveen Credit Strategies Income Fund
JQC
112 hedge funds and large institutions have $364M invested in Nuveen Credit Strategies Income Fund in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 33 reducing their positions, and 14 closing their positions.
1% more capital invested
Capital invested by funds: $361M → $364M (+$2.48M)
0% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 33
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
1.8% less ownership
Funds ownership: 32.92% → 31.12% (-1.8%)
3% less funds holding
Funds holding: 115 → 112 (-3)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.41M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$3.29M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.96M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.07M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$7.14M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.09M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.9M |
| 4 |
ZA
Zazove Associates
Incline Village,
Nevada
|
-$1.79M |
| 5 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$1.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CHP
126
Cable Hill Partners
Portland,
Oregon
| – | +$242 | +29 | New |
|
127
SEI Investments
Oaks,
Pennsylvania
| – | +$476 | +57 | New |
|
JQC Hedge Fund Activity: Q3 2016 in Review
112 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q3 2016, worth a combined $364M — up 0.68% from $361M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of JQC and 13 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 33 added.
The largest buyer was Morgan Stanley, adding an estimated $3.41M. The largest seller was Mariner Investment Group, cutting an estimated $7.14M.
- 112 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q3 2016, down from 115 in Q2 2016.
- Funds reported $364M of Nuveen Credit Strategies Income Fund stock for Q3 2016, up 0.68% quarter-over-quarter.
- 13 funds opened new Nuveen Credit Strategies Income Fund positions in Q3 2016 and 14 closed out, a net change of -1 holder.
- The largest Nuveen Credit Strategies Income Fund buyer in Q3 2016 was Morgan Stanley, an estimated $3.41M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q3 2016 was Mariner Investment Group, an estimated $7.14M sold.
Based on aggregated 13F filings for Q3 2016.