Nuveen Credit Strategies Income Fund
JQC
134 hedge funds and large institutions have $452M invested in Nuveen Credit Strategies Income Fund in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 42 increasing their positions, 49 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
6% more capital invested
Capital invested by funds: $425M → $452M (+$26.1M)
5% more funds holding
Funds holding: 128 → 134 (+6)
4.01% more ownership
Funds ownership: 37.81% → 41.82% (+4%)
14% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$18.3M |
| 2 |
SCM
Saba Capital Management
New York
|
+$12.6M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$7.78M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$7.03M |
| 5 |
BI
Bramshill Investments
Naples,
Florida
|
+$6.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$7.66M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$4.25M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.26M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.6M |
| 5 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$1.32M |
JQC Hedge Fund Activity: Q2 2018 in Review
134 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q2 2018, worth a combined $452M — up 6.1% from $425M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new JQC positions and 8 closed out — a net gain of 7 holders — while 42 added to existing stakes and 49 trimmed.
The largest buyer was Hilton Capital Management, opening a new position worth an estimated $18.3M. The largest seller was Eaton Vance Management, cutting an estimated $7.66M.
- 134 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q2 2018, up from 128 in Q1 2018.
- Funds reported $452M of Nuveen Credit Strategies Income Fund stock for Q2 2018, up 6.1% quarter-over-quarter.
- 15 funds opened new Nuveen Credit Strategies Income Fund positions in Q2 2018 and 8 closed out, a net change of +7 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q2 2018 was Hilton Capital Management, an estimated $18.3M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q2 2018 was Eaton Vance Management, an estimated $7.66M sold.
Based on aggregated 13F filings for Q2 2018.