Nuveen Municipal Credit Opportunities Fund
NMCO
62 hedge funds and large institutions have $114M invested in Nuveen Municipal Credit Opportunities Fund in 2026 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 7 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
7% more capital invested
Capital invested by funds: $107M → $114M (+$7.33M)
3% more funds holding
Funds holding: 60 → 62 (+2)
0.7% more ownership
Funds ownership: 18.22% → 18.92% (+0.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.1M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.77M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.44M |
| 4 |
Morgan Stanley
New York
|
+$1.3M |
| 5 |
MPW
Melone Private Wealth
Auburn Hills,
Michigan
|
+$574K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.32M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.61M |
| 3 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
-$708K |
| 4 |
Cohen & Steers
New York
|
-$215K |
| 5 |
MAM
Mystic Asset Management
Warwick,
Rhode Island
|
-$201K |
NMCO Hedge Fund Activity: Q2 2026 in Review
62 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Opportunities Fund (NMCO) for Q2 2026, worth a combined $114M — up 6.9% from $107M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NMCO positions and 7 closed out — a net gain of 2 holders — while 25 added to existing stakes and 13 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.1M. The largest seller was UBS Group, cutting an estimated $2.32M.
- 62 institutional investors held Nuveen Municipal Credit Opportunities Fund (NMCO) as of Q2 2026, up from 60 in Q1 2026.
- Funds reported $114M of Nuveen Municipal Credit Opportunities Fund stock for Q2 2026, up 6.9% quarter-over-quarter.
- 9 funds opened new Nuveen Municipal Credit Opportunities Fund positions in Q2 2026 and 7 closed out, a net change of +2 holders.
- The largest Nuveen Municipal Credit Opportunities Fund buyer in Q2 2026 was Wells Fargo, an estimated $2.1M added.
- The largest Nuveen Municipal Credit Opportunities Fund seller in Q2 2026 was UBS Group, an estimated $2.32M sold.
Based on aggregated 13F filings for Q2 2026.