Nuveen Municipal Credit Opportunities Fund
NMCO
52 hedge funds and large institutions have $97.2M invested in Nuveen Municipal Credit Opportunities Fund in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
14% more capital invested
Capital invested by funds: $85.6M → $97.2M (+$11.6M)
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
13% more funds holding
Funds holding: 46 → 52 (+6)
1.59% more ownership
Funds ownership: 14.98% → 16.57% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.78M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2.47M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.85M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.23M |
| 5 |
MPW
Melone Private Wealth
Auburn Hills,
Michigan
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.33M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.12M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$338K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$313K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIC
51
Salem Investment Counselors
Winston Salem,
North Carolina
| $18.3K | – | – | – |
|
|
NA
52
NewEdge Advisors
New Orleans,
Louisiana
| $14 | +$13.9K | +1,246 | New |
|
53
Truist Financial
Charlotte,
North Carolina
| – | -$249K | -23,247 | Closed |
|
54
Jane Street
New York
| – | -$109K | -10,200 | Closed |
|
|
EIP
55
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | -$37K | -3,502 | Closed |
|
|
SWM
56
Spire Wealth Management
Mclean,
Virginia
| – | -$9K | -835 | Closed |
|
|
BWA
57
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$9K | -834 | Closed |
|
|
FIA
58
FNY Investment Advisers
New York
| – | -$8K | -800 | Closed |
|
NMCO Hedge Fund Activity: Q4 2022 in Review
52 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Opportunities Fund (NMCO) for Q4 2022, worth a combined $97.2M — up 14% from $85.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NMCO positions and 6 closed out — a net gain of 6 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Bank of America, adding an estimated $3.78M. The largest seller was Morgan Stanley, cutting an estimated $2.33M.
- 52 institutional investors held Nuveen Municipal Credit Opportunities Fund (NMCO) as of Q4 2022, up from 46 in Q3 2022.
- Funds reported $97.2M of Nuveen Municipal Credit Opportunities Fund stock for Q4 2022, up 14% quarter-over-quarter.
- 12 funds opened new Nuveen Municipal Credit Opportunities Fund positions in Q4 2022 and 6 closed out, a net change of +6 holders.
- The largest Nuveen Municipal Credit Opportunities Fund buyer in Q4 2022 was Bank of America, an estimated $3.78M added.
- The largest Nuveen Municipal Credit Opportunities Fund seller in Q4 2022 was Morgan Stanley, an estimated $2.33M sold.
Based on aggregated 13F filings for Q4 2022.