Nuveen Municipal Credit Opportunities Fund
NMCO
20 hedge funds and large institutions have $40.2M invested in Nuveen Municipal Credit Opportunities Fund in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 2 reducing their positions, and 4 closing their positions.
450% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 2
11% more capital invested
Capital invested by funds: $36.1M → $40.2M (+$4.1M)
1.27% more ownership
Funds ownership: 5.93% → 7.19% (+1.3%)
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.81M |
| 2 |
Morgan Stanley
New York
|
+$1.98M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.37M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$357K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$356K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$762K |
| 2 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$207K |
| 3 |
FA
Fortis Advisors
Wayne,
Pennsylvania
|
-$130K |
| 4 |
HF
HRT Financial
New York
|
-$129K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$107K |
NMCO Hedge Fund Activity: Q2 2020 in Review
20 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Opportunities Fund (NMCO) for Q2 2020, worth a combined $40.2M — up 11% from $36.1M a quarter earlier.
Fund positioning in NMCO was balanced in Q2 2020: 4 funds opened new positions, 4 closed out, 11 added to existing stakes and 2 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $2.81M. The largest seller was Truist Financial, cutting an estimated $762K.
- 20 institutional investors held Nuveen Municipal Credit Opportunities Fund (NMCO) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $40.2M of Nuveen Municipal Credit Opportunities Fund stock for Q2 2020, up 11% quarter-over-quarter.
- 4 funds opened new Nuveen Municipal Credit Opportunities Fund positions in Q2 2020 and 4 closed out, a net change of 0 holders.
- The largest Nuveen Municipal Credit Opportunities Fund buyer in Q2 2020 was Robinson Capital Management, an estimated $2.81M added.
- The largest Nuveen Municipal Credit Opportunities Fund seller in Q2 2020 was Truist Financial, an estimated $762K sold.
Based on aggregated 13F filings for Q2 2020.