Nuveen Municipal Credit Opportunities Fund
NMCO
20 hedge funds and large institutions have $45.2M invested in Nuveen Municipal Credit Opportunities Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 5 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
12% more capital invested
Capital invested by funds: $40.2M → $45.2M (+$5.01M)
0.44% more ownership
Funds ownership: 7.19% → 7.63% (+0.44%)
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.15M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$963K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$495K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$404K |
| 5 |
KCPG
Kavar Capital Partners Group
Leawood,
Kansas
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.95M |
| 2 |
Morgan Stanley
New York
|
-$583K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$288K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$203K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$144K |
NMCO Hedge Fund Activity: Q3 2020 in Review
20 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Opportunities Fund (NMCO) for Q3 2020, worth a combined $45.2M — up 12% from $40.2M a quarter earlier.
Fund positioning in NMCO was balanced in Q3 2020: 5 funds opened new positions, 5 closed out, 10 added to existing stakes and 3 trimmed.
The largest buyer was UBS Group, adding an estimated $4.15M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $2.95M sold.
- 20 institutional investors held Nuveen Municipal Credit Opportunities Fund (NMCO) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $45.2M of Nuveen Municipal Credit Opportunities Fund stock for Q3 2020, up 12% quarter-over-quarter.
- 5 funds opened new Nuveen Municipal Credit Opportunities Fund positions in Q3 2020 and 5 closed out, a net change of 0 holders.
- The largest Nuveen Municipal Credit Opportunities Fund buyer in Q3 2020 was UBS Group, an estimated $4.15M added.
- The largest Nuveen Municipal Credit Opportunities Fund seller in Q3 2020 was Robinson Capital Management, an estimated $2.95M sold.
Based on aggregated 13F filings for Q3 2020.