Nuveen Municipal Credit Opportunities Fund
NMCO
60 hedge funds and large institutions have $111M invested in Nuveen Municipal Credit Opportunities Fund in 2025 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 12 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0% more funds holding
Funds holding: 60 → 60 (0)
1.38% less ownership
Funds ownership: 20.23% → 18.85% (-1.4%)
7% less capital invested
Capital invested by funds: $119M → $111M (-$7.72M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.64M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.1M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$566K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$560K |
| 5 |
MPW
Melone Private Wealth
Auburn Hills,
Michigan
|
+$473K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.25M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.22M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$921K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$830K |
| 5 |
Morgan Stanley
New York
|
-$726K |
NMCO Hedge Fund Activity: Q2 2025 in Review
60 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Opportunities Fund (NMCO) for Q2 2025, worth a combined $111M — down 6.5% from $119M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NMCO positions and 12 closed out — a net gain of 1 holder — while 18 added to existing stakes and 12 trimmed.
The largest buyer was Allspring Global Investments, opening a new position worth an estimated $1.64M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $4.25M sold.
- 60 institutional investors held Nuveen Municipal Credit Opportunities Fund (NMCO) as of Q2 2025, unchanged from Q1 2025.
- Funds reported $111M of Nuveen Municipal Credit Opportunities Fund stock for Q2 2025, down 6.5% quarter-over-quarter.
- 13 funds opened new Nuveen Municipal Credit Opportunities Fund positions in Q2 2025 and 12 closed out, a net change of +1 holder.
- The largest Nuveen Municipal Credit Opportunities Fund buyer in Q2 2025 was Allspring Global Investments, an estimated $1.64M added.
- The largest Nuveen Municipal Credit Opportunities Fund seller in Q2 2025 was Rivernorth Capital Management, an estimated $4.25M sold.
Based on aggregated 13F filings for Q2 2025.