Nuveen Municipal Credit Opportunities Fund
NMCO
39 hedge funds and large institutions have $105M invested in Nuveen Municipal Credit Opportunities Fund in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 7 reducing their positions, and 5 closing their positions.
171% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 7
5% more capital invested
Capital invested by funds: $101M → $105M (+$4.93M)
0.15% more ownership
Funds ownership: 12.49% → 12.64% (+0.15%)
0% more funds holding
Funds holding: 39 → 39 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.47M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.16M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$826K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$767K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$283K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.44M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.13M |
| 3 |
6M
6 Meridian
Wichita,
Kansas
|
-$724K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$476K |
| 5 |
BFG
Berger Financial Group
Plymouth,
Minnesota
|
-$254K |
NMCO Hedge Fund Activity: Q4 2021 in Review
39 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Opportunities Fund (NMCO) for Q4 2021, worth a combined $105M — up 4.9% from $101M a quarter earlier.
Fund positioning in NMCO was balanced in Q4 2021: 5 funds opened new positions, 5 closed out, 19 added to existing stakes and 7 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.47M. The largest seller was Morgan Stanley, cutting an estimated $2.44M.
- 39 institutional investors held Nuveen Municipal Credit Opportunities Fund (NMCO) as of Q4 2021, unchanged from Q3 2021.
- Funds reported $105M of Nuveen Municipal Credit Opportunities Fund stock for Q4 2021, up 4.9% quarter-over-quarter.
- 5 funds opened new Nuveen Municipal Credit Opportunities Fund positions in Q4 2021 and 5 closed out, a net change of 0 holders.
- The largest Nuveen Municipal Credit Opportunities Fund buyer in Q4 2021 was Guggenheim Capital, an estimated $1.47M added.
- The largest Nuveen Municipal Credit Opportunities Fund seller in Q4 2021 was Morgan Stanley, an estimated $2.44M sold.
Based on aggregated 13F filings for Q4 2021.