Nuveen Credit Strategies Income Fund
JQC
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.
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: 6 → 6 (0)
6% less funds holding
Funds holding: 134 → 126 (-8)
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$33.2M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$8.72M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.44M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.53M |
| 5 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
+$3.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$18.1M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$8.47M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$6.91M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$3.83M |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$1.58M |
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.