Nuveen Credit Strategies Income Fund
JQC
120 hedge funds and large institutions have $363M invested in Nuveen Credit Strategies Income Fund in 2016 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 29 increasing their positions, 40 reducing their positions, and 20 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3% more capital invested
Capital invested by funds: $351M → $363M (+$12.1M)
0.45% more ownership
Funds ownership: 32.88% → 33.33% (+0.45%)
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
2% less funds holding
Funds holding: 122 → 120 (-2)
28% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMG
WESCAP Management Group
Glendale,
California
|
+$5.3M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.85M |
| 3 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$1.83M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.8M |
| 5 |
SCM
Saba Capital Management
New York
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$4.69M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$3.22M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.01M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.46M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$998K |
JQC Hedge Fund Activity: Q1 2016 in Review
120 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q1 2016, worth a combined $363M — up 3.4% from $351M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of JQC and 19 opened new positions — a net loss of 1 holder — while 40 trimmed existing stakes and 29 added.
The largest buyer was WESCAP Management Group, opening a new position worth an estimated $5.3M. The largest seller was 1832 Asset Management, cutting an estimated $4.69M.
- 120 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q1 2016, down from 122 in Q4 2015.
- Funds reported $363M of Nuveen Credit Strategies Income Fund stock for Q1 2016, up 3.4% quarter-over-quarter.
- 19 funds opened new Nuveen Credit Strategies Income Fund positions in Q1 2016 and 20 closed out, a net change of -1 holder.
- The largest Nuveen Credit Strategies Income Fund buyer in Q1 2016 was WESCAP Management Group, an estimated $5.3M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q1 2016 was 1832 Asset Management, an estimated $4.69M sold.
Based on aggregated 13F filings for Q1 2016.