Nuveen Credit Strategies Income Fund
JQC
150 hedge funds and large institutions have $283M invested in Nuveen Credit Strategies Income Fund in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 52 increasing their positions, 31 reducing their positions, and 14 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 31
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
2% more funds holding
Funds holding: 147 → 150 (+3)
3% less capital invested
Capital invested by funds: $293M → $283M (-$10.2M)
1.32% less ownership
Funds ownership: 42.36% → 41.05% (-1.3%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$8.11M |
| 2 |
Morgan Stanley
New York
|
+$5.04M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.06M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.02M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$11.7M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$7.32M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.28M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.44M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.35M |
JQC Hedge Fund Activity: Q4 2022 in Review
150 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q4 2022, worth a combined $283M — down 3.5% from $293M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new JQC positions and 14 closed out — a net gain of 9 holders — while 52 added to existing stakes and 31 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $8.11M. The largest seller was Bramshill Investments, cutting an estimated $11.7M.
- 150 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q4 2022, up from 147 in Q3 2022.
- Funds reported $283M of Nuveen Credit Strategies Income Fund stock for Q4 2022, down 3.5% quarter-over-quarter.
- 23 funds opened new Nuveen Credit Strategies Income Fund positions in Q4 2022 and 14 closed out, a net change of +9 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q4 2022 was Saba Capital Management, an estimated $8.11M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q4 2022 was Bramshill Investments, an estimated $11.7M sold.
Based on aggregated 13F filings for Q4 2022.