Nuveen Credit Strategies Income Fund
JQC
129 hedge funds and large institutions have $301M invested in Nuveen Credit Strategies Income Fund in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 47 reducing their positions, and 16 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
0% more funds holding
Funds holding: 129 → 129 (0)
0.66% less ownership
Funds ownership: 38.73% → 38.07% (-0.66%)
2% less capital invested
Capital invested by funds: $307M → $301M (-$5.9M)
30% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
+$17M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$8.49M |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$6.91M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.17M |
| 5 |
Morgan Stanley
New York
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$11.7M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$8.49M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$8.14M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.07M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.43M |
JQC Hedge Fund Activity: Q3 2020 in Review
129 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q3 2020, worth a combined $301M — down 1.9% from $307M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new JQC positions and 16 closed out — a net gain of 2 holders — while 33 added to existing stakes and 47 trimmed.
The largest buyer was Oak Hill Advisors, adding an estimated $17M. The largest seller was Saba Capital Management, cutting an estimated $11.7M.
- 129 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $301M of Nuveen Credit Strategies Income Fund stock for Q3 2020, down 1.9% quarter-over-quarter.
- 18 funds opened new Nuveen Credit Strategies Income Fund positions in Q3 2020 and 16 closed out, a net change of +2 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q3 2020 was Oak Hill Advisors, an estimated $17M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q3 2020 was Saba Capital Management, an estimated $11.7M sold.
Based on aggregated 13F filings for Q3 2020.