Nuveen Credit Strategies Income Fund
JQC
152 hedge funds and large institutions have $274M invested in Nuveen Credit Strategies Income Fund in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 45 increasing their positions, 47 reducing their positions, and 18 closing their positions.
33% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 18
1% more funds holding
Funds holding: 150 → 152 (+2)
3% less capital invested
Capital invested by funds: $283M → $274M (-$8.93M)
4% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 47
1.4% less ownership
Funds ownership: 41.05% → 39.65% (-1.4%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.41M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.18M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.54M |
| 4 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$1.46M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.27M |
Top Sellers
JQC Hedge Fund Activity: Q1 2023 in Review
152 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nuveen Credit Strategies Income Fund (JQC) for Q1 2023, worth a combined $274M — down 3.2% from $283M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new JQC positions and 18 closed out — a net gain of 6 holders — while 45 added to existing stakes and 47 trimmed.
The largest buyer was Credit Suisse, adding an estimated $3.41M. The largest seller was Rivernorth Capital Management, cutting an estimated $9.18M.
- 152 institutional investors held Nuveen Credit Strategies Income Fund (JQC) as of Q1 2023, up from 150 in Q4 2022.
- Funds reported $274M of Nuveen Credit Strategies Income Fund stock for Q1 2023, down 3.2% quarter-over-quarter.
- 24 funds opened new Nuveen Credit Strategies Income Fund positions in Q1 2023 and 18 closed out, a net change of +6 holders.
- The largest Nuveen Credit Strategies Income Fund buyer in Q1 2023 was Credit Suisse, an estimated $3.41M added.
- The largest Nuveen Credit Strategies Income Fund seller in Q1 2023 was Rivernorth Capital Management, an estimated $9.18M sold.
Based on aggregated 13F filings for Q1 2023.