We are live on ! Find out more
NMCO icon

Nuveen Municipal Credit Opportunities Fund
NMCO

44 hedge funds and large institutions have $91.8M invested in Nuveen Municipal Credit Opportunities Fund in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 12

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

2% more funds holding

Funds holding: 43 → 44 (+1)

0.54% more ownership

Funds ownership: 13.59% → 14.13% (+0.54%)

7% less capital invested

Capital invested by funds: $98.2M → $91.8M (-$6.42M)

Holders
44
Holders Change
+1
Holders Change %
+2.33%
% of All Funds
0.74%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
15
Reduced
12
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$2.6M
2
RJFSA
Raymond James Financial Services Advisors
Florida
+$1.93M
3
GC
Guggenheim Capital
Illinois
+$1.48M
4
Bank of America
Bank of America
North Carolina
+$1.25M
5
AAM
Advisors Asset Management
Colorado
+$1.15M

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$3.85M
2
First Trust Advisors
First Trust Advisors
Illinois
-$607K
3
RCM
Robinson Capital Management
Michigan
-$596K
4
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
-$533K
5
VanEck Associates
VanEck Associates
New York
-$519K
Name Holding Trade Value Shares
Change 		Change in
Stake
Northwestern Mutual Wealth Management
26
Northwestern Mutual Wealth Management
Wisconsin
$231K -$533K -42,288 -69%
DLG
27
Daniel L. Goodwin
$230K +$31.5K +2,500 +15%
Creative Planning
28
Creative Planning
Kansas
$226K +$233K +18,500 New
PP
29
Pegasus Partners
Wisconsin
$214K +$221K +17,500 New
BFA
30
Beaumont Financial Advisors
Massachusetts
$171K – – –
CIA
31
Capital Investment Advisors
Georgia
$132K +$136K +10,750 New
FWM
32
Fairhaven Wealth Management
Illinois
$131K +$135K +10,703 New
RPCA
33
Running Point Capital Advisors
California
$122K – – –
WSTAM
34
Wilbanks Smith & Thomas Asset Management
Virginia
$122K – – –
VVP
35
Venture Visionary Partners
Ohio
$96.9K +$99.8K +7,916 New
EIP
36
Ellis Investment Partners
Pennsylvania
$42K +$618 +49 +1%
IA
37
IFP Advisors
Florida
$34K – – –
SPIA
38
Steward Partners Investment Advisory
New York
$20K -$3.24K -257 -13%
SIC
39
Salem Investment Counselors
North Carolina
$20K – – –
SWM
40
Spire Wealth Management
Virginia
$10K – – –
FIA
41
FNY Investment Advisers
New York
$9K – – –
Citigroup
42
Citigroup
New York
$5K +$5.04K +400 New
BRWM
43
B. Riley Wealth Management
Tennessee
$435 +$146K +11,540 +48%
IAIM
44
International Assets Investment Management
Florida
$196 +$197K +15,594 New
RCM
45
Rivernorth Capital Management
Florida
– -$3.85M -285,112 Closed
RCM
46
Robinson Capital Management
Michigan
– -$596K -43,674 Closed
XF
47
XML Financial
Maryland
– -$508K -37,650 Closed
SWP
48
Stratos Wealth Partners
Ohio
– -$450K -33,368 Closed
DADC
49
D.A. Davidson & Co
Montana
– -$394K -29,209 Closed
Envestnet Asset Management
50
Envestnet Asset Management
Illinois
– -$370K -27,427 Closed
1
2
3

NMCO Hedge Fund Activity: Q2 2022 in Review

44 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Opportunities Fund (NMCO) for Q2 2022, worth a combined $91.8M — down 6.5% from $98.2M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new NMCO positions and 9 closed out — a net gain of 1 holder — while 15 added to existing stakes and 12 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $2.6M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.85M sold.

  • 44 institutional investors held Nuveen Municipal Credit Opportunities Fund (NMCO) as of Q2 2022, up from 43 in Q1 2022.
  • Funds reported $91.8M of Nuveen Municipal Credit Opportunities Fund stock for Q2 2022, down 6.5% quarter-over-quarter.
  • 10 funds opened new Nuveen Municipal Credit Opportunities Fund positions in Q2 2022 and 9 closed out, a net change of +1 holder.
  • The largest Nuveen Municipal Credit Opportunities Fund buyer in Q2 2022 was Morgan Stanley, an estimated $2.6M added.
  • The largest Nuveen Municipal Credit Opportunities Fund seller in Q2 2022 was Rivernorth Capital Management, an estimated $3.85M sold.

Based on aggregated 13F filings for Q2 2022.