Nuveen Municipal Credit Opportunities Fund
NMCO
40 hedge funds and large institutions have $97.1M invested in Nuveen Municipal Credit Opportunities Fund in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 4 reducing their positions, and 2 closing their positions.
475% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 4
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
20% more capital invested
Capital invested by funds: $80.6M → $97.1M (+$16.5M)
11% more funds holding
Funds holding: 36 → 40 (+4)
1.02% more ownership
Funds ownership: 10.78% → 11.8% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.82M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.83M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.43M |
| 4 |
Cohen & Steers
New York
|
+$1.36M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.04M |
| 2 |
Goldman Sachs
New York
|
-$1.49M |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$243K |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
-$105K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$61.7K |
NMCO Hedge Fund Activity: Q2 2021 in Review
40 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Opportunities Fund (NMCO) for Q2 2021, worth a combined $97.1M — up 20% from $80.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NMCO positions and 2 closed out — a net gain of 4 holders — while 23 added to existing stakes and 4 trimmed.
The largest buyer was Bank of America, adding an estimated $3.82M. The largest seller was Morgan Stanley, cutting an estimated $2.04M.
- 40 institutional investors held Nuveen Municipal Credit Opportunities Fund (NMCO) as of Q2 2021, up from 36 in Q1 2021.
- Funds reported $97.1M of Nuveen Municipal Credit Opportunities Fund stock for Q2 2021, up 20% quarter-over-quarter.
- 6 funds opened new Nuveen Municipal Credit Opportunities Fund positions in Q2 2021 and 2 closed out, a net change of +4 holders.
- The largest Nuveen Municipal Credit Opportunities Fund buyer in Q2 2021 was Bank of America, an estimated $3.82M added.
- The largest Nuveen Municipal Credit Opportunities Fund seller in Q2 2021 was Morgan Stanley, an estimated $2.04M sold.
Based on aggregated 13F filings for Q2 2021.