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Nuveen Credit Strategies Income Fund

126 hedge funds and large institutions have $495M invested in Nuveen Credit Strategies Income Fund in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 42 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more capital invested

Capital invested by funds: $452M → $495M (+$43.5M)

2.09% more ownership

Funds ownership: 41.82%43.91% (+2.1%)

2% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 42

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

6% less funds holding

Funds holding: 134126 (-8)

37% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 19

Holders
126
Holders Change
-8
Holders Change %
-5.97%
% of All Funds
2.88%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
12
Increased
43
Reduced
42
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$69.2M +$33.2M +4,184,687 +93%
BI
2
Bramshill Investments
Florida
$54.4M +$8.72M +1,096,992 +19%
JP Morgan Chase
3
JP Morgan Chase
New York
$46.4M -$9.53K -1,200 -0%
RCM
4
Rivernorth Capital Management
Florida
$33.2M -$1.01M -126,860 -3%
RCA
5
Restructuring Capital Associates
Connecticut
$28.7M +$3.18M +400,000 +13%
UBS Group
6
UBS Group
Switzerland
$25.6M +$3.53M +444,140 +16%
HCM
7
Hilton Capital Management
New York
$19.7M -$18.1M -2,282,222 Closed
PMG
8
Private Management Group
California
$17.2M -$64.5K -8,119 -0.4%
Invesco
9
Invesco
Georgia
$16.6M +$1.59M +199,626 +11%
PPA
10
Parametric Portfolio Associates
Washington
$16.6M +$5.44M +685,007 +49%
Morgan Stanley
11
Morgan Stanley
New York
$16.1M -$106K -13,374 -0.7%
FIMG
12
Financial & Investment Management Group
Michigan
$10.5M -$317K -39,878 -3%
Wells Fargo
13
Wells Fargo
California
$9.31M +$346K +43,521 +4%
VIA
14
Vident Investment Advisory
Georgia
$7.99M +$309K +38,844 +4%
Cohen & Steers
15
Cohen & Steers
New York
$7.89M -$702K -88,397 -8%
FFA
16
First Foundation Advisors
California
$7.8M +$131K +16,524 +2%
Stifel Financial
17
Stifel Financial
Missouri
$7.64M -$1.53M -192,195 -17%
EVM
18
Eaton Vance Management
Massachusetts
$7.59M
TJHA
19
Thomas J. Herzfeld Advisors
Florida
$5.81M +$2.53M +318,772 +78%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$5.05M +$328K +41,325 +7%
TIM
21
Tortoise Investment Management
New York
$4.62M +$1.3M +163,787 +39%
RVPG
22
Relative Value Partners Group
$4.4M +$1.01M +126,772 +30%
AAM
23
Advisors Asset Management
Colorado
$4.2M -$1.05M -132,566 -20%
UCFA
24
United Capital Financial Advisors
Texas
$4.17M -$6.91M -869,788 -62%
NMC
25
Nine Masts Capital
Hong Kong
$3.58M +$2.2M +277,400 +161%

JQC Hedge Fund Activity: Q3 2018 in Review

126 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q3 2018, worth a combined $495M — up 9.6% from $452M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of JQC and 12 opened new positions — a net loss of 7 holders — while 42 trimmed existing stakes and 43 added.

The largest buyer was Saba Capital Management, adding an estimated $33.2M. The largest seller was Hilton Capital Management, exiting entirely with an estimated $18.1M sold.

  • 126 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q3 2018, down from 134 in Q2 2018.
  • Funds reported $495M of Nuveen Credit Strategies Income Fund stock for Q3 2018, up 9.6% quarter-over-quarter.
  • 12 funds opened new Nuveen Credit Strategies Income Fund positions in Q3 2018 and 19 closed out, a net change of -7 holders.
  • The largest Nuveen Credit Strategies Income Fund buyer in Q3 2018 was Saba Capital Management, an estimated $33.2M added.
  • The largest Nuveen Credit Strategies Income Fund seller in Q3 2018 was Hilton Capital Management, an estimated $18.1M sold.

Based on aggregated 13F filings for Q3 2018.