Nuveen Municipal Credit Opportunities Fund
NMCO
59 hedge funds and large institutions have $105M invested in Nuveen Municipal Credit Opportunities Fund in 2025 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 5 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
2.04% more ownership
Funds ownership: 18.85% → 20.89% (+2%)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
5% less capital invested
Capital invested by funds: $111M → $105M (-$5.32M)
2% less funds holding
Funds holding: 60 → 59 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
+$18.1M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.38M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.17M |
| 4 |
CC
CF Capital
Cohasset,
Massachusetts
|
+$992K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$772K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$7.72M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.99M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.7M |
| 4 |
KIG
Kennedy Investment Group
West Depford,
New Jersey
|
-$470K |
| 5 |
Cohen & Steers
New York
|
-$355K |
NMCO Hedge Fund Activity: Q3 2025 in Review
59 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Opportunities Fund (NMCO) for Q3 2025, worth a combined $105M — down 4.8% from $111M a quarter earlier.
Fund positioning in NMCO was balanced in Q3 2025: 5 funds opened new positions, 5 closed out, 22 added to existing stakes and 15 trimmed.
The largest buyer was Gridiron Partners, adding an estimated $18.1M. The largest seller was Wells Fargo, cutting an estimated $7.72M.
- 59 institutional investors held Nuveen Municipal Credit Opportunities Fund (NMCO) as of Q3 2025, down from 60 in Q2 2025.
- Funds reported $105M of Nuveen Municipal Credit Opportunities Fund stock for Q3 2025, down 4.8% quarter-over-quarter.
- 5 funds opened new Nuveen Municipal Credit Opportunities Fund positions in Q3 2025 and 5 closed out, a net change of 0 holders.
- The largest Nuveen Municipal Credit Opportunities Fund buyer in Q3 2025 was Gridiron Partners, an estimated $18.1M added.
- The largest Nuveen Municipal Credit Opportunities Fund seller in Q3 2025 was Wells Fargo, an estimated $7.72M sold.
Based on aggregated 13F filings for Q3 2025.