Nuveen Credit Strategies Income Fund
JQC
139 hedge funds and large institutions have $423M invested in Nuveen Credit Strategies Income Fund in 2019 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 45 increasing their positions, 36 reducing their positions, and 12 closing their positions.
125% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 12
25% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 36
9% more funds holding
Funds holding: 127 → 139 (+12)
0% more capital invested
Capital invested by funds: $421M → $423M (+$1.88M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.57% less ownership
Funds ownership: 41.26% → 40.69% (-0.57%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$10.6M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$10.3M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$7.07M |
| 4 |
Millennium Management
New York
|
+$5.11M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$36.8M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$9.36M |
| 3 |
JP Morgan Chase
New York
|
-$5.06M |
| 4 |
BCA
Biltmore Capital Advisors
Princeton,
New Jersey
|
-$4.68M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.26M |
JQC Hedge Fund Activity: Q4 2019 in Review
139 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q4 2019, worth a combined $423M — up 0.45% from $421M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new JQC positions and 12 closed out — a net gain of 15 holders — while 45 added to existing stakes and 36 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $10.6M. The largest seller was Saba Capital Management, cutting an estimated $36.8M.
- 139 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q4 2019, up from 127 in Q3 2019.
- Funds reported $423M of Nuveen Credit Strategies Income Fund stock for Q4 2019, up 0.45% quarter-over-quarter.
- 27 funds opened new Nuveen Credit Strategies Income Fund positions in Q4 2019 and 12 closed out, a net change of +15 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q4 2019 was Sit Investment Associates, an estimated $10.6M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q4 2019 was Saba Capital Management, an estimated $36.8M sold.
Based on aggregated 13F filings for Q4 2019.