We are live on ! Find out more
JQC icon

Nuveen Credit Strategies Income Fund
JQC

90 hedge funds and large institutions have $233M invested in Nuveen Credit Strategies Income Fund in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 10

24% more capital invested

Capital invested by funds: $187M → $233M (+$45.7M)

8% more funds holding

Funds holding: 83 → 90 (+7)

2.75% more ownership

Funds ownership: 14.59% → 17.34% (+2.7%)

11% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 28

Holders
90
Holders Change
+7
Holders Change %
+8.43%
% of All Funds
2.61%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.06%
New
18
Increased
25
Reduced
28
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
RCM
Rivernorth Capital Management
Florida
+$17.3M
2
RVP
Relative Value Partners
Illinois
+$8.68M
3
NCM
Newgate Capital Management
Connecticut
+$7.83M
4
PRCM
Pine River Capital Management
Minnesota
+$5.62M
5
Invesco
Invesco
Georgia
+$3.19M

Top Sellers

1
GC
Guggenheim Capital
Illinois
-$8.83M
2
Morgan Stanley
Morgan Stanley
New York
-$4.56M
3
Cohen & Steers
Cohen & Steers
New York
-$2.19M
4
AAM
Advisors Asset Management
Colorado
-$2.07M
5
B
Baird
Wisconsin
-$744K
Name Holding Trade Value Shares
Change 		Change in
Stake
Invesco
1
Invesco
Georgia
$31.1M +$3.19M +339,256 +12%
GC
2
Guggenheim Capital
Illinois
$28.5M -$8.83M -939,507 -24%
AAM
3
Advisors Asset Management
Colorado
$21.8M -$2.07M -220,622 -9%
RCM
4
Rivernorth Capital Management
Florida
$18M +$17.3M +1,845,135 New
NCM
5
Newgate Capital Management
Connecticut
$14.4M +$7.83M +833,290 +129%
U
6
UBS
Switzerland
$13.4M +$570K +60,631 +5%
Morgan Stanley
7
Morgan Stanley
New York
$12.9M -$4.56M -485,395 -27%
JP Morgan Chase
8
JP Morgan Chase
New York
$9.91M – – –
RVP
9
Relative Value Partners
Illinois
$9.3M +$8.68M +923,593 +2,908%
Wells Fargo
10
Wells Fargo
California
$7.88M -$490K -52,121 -6%
RCM
11
Robinson Capital Management
Michigan
$6.54M +$6.07M +646,339 New
PRCM
12
Pine River Capital Management
Minnesota
$5.82M +$5.62M +598,126 New
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$4.87M +$1.41M +150,000 +43%
Cohen & Steers
14
Cohen & Steers
New York
$4.43M -$2.19M -233,247 -34%
Bank of America
15
Bank of America
North Carolina
$3.84M +$1.48M +157,260 +66%
OA
16
Oxbow Advisors
Texas
$3.06M -$105K -11,198 -3%
BTS
17
BB&T Securities
Virginia
$2.95M -$23.1K -2,458 -8%
LPL Financial
18
LPL Financial
California
$2.28M -$136K -14,514 -6%
RJA
19
Raymond James & Associates
Florida
$2.19M -$370K -39,366 -15%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$1.74M -$101K -10,741 -6%
FNBTCON
21
First National Bank & Trust Co of Newtown
Pennsylvania
$1.72M -$17.9K -1,900 -1%
Mariner
22
Mariner
Kansas
$1.58M -$2.6K -277 -0.2%
ZA
23
Zazove Associates
Nevada
$1.49M +$1.44M +153,124 New
Ameriprise
24
Ameriprise
Minnesota
$1.27M +$103K +11,009 +9%
HK
25
Horizon Kinetics
New York
$1.27M -$18.7K -1,987 -2%
1
2 3 4

JQC Hedge Fund Activity: Q4 2013 in Review

90 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q4 2013, worth a combined $233M — up 24% from $187M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new JQC positions and 10 closed out — a net gain of 8 holders — while 25 added to existing stakes and 28 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $17.3M. The largest seller was Guggenheim Capital, cutting an estimated $8.83M.

  • 90 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q4 2013, up from 83 in Q3 2013.
  • Funds reported $233M of Nuveen Credit Strategies Income Fund stock for Q4 2013, up 24% quarter-over-quarter.
  • 18 funds opened new Nuveen Credit Strategies Income Fund positions in Q4 2013 and 10 closed out, a net change of +8 holders.
  • The largest Nuveen Credit Strategies Income Fund buyer in Q4 2013 was Rivernorth Capital Management, an estimated $17.3M added.
  • The largest Nuveen Credit Strategies Income Fund seller in Q4 2013 was Guggenheim Capital, an estimated $8.83M sold.

Based on aggregated 13F filings for Q4 2013.