Nuveen Municipal Credit Opportunities Fund
NMCO
46 hedge funds and large institutions have $85.6M invested in Nuveen Municipal Credit Opportunities Fund in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
5% more funds holding
Funds holding: 44 → 46 (+2)
0.84% more ownership
Funds ownership: 14.13% → 14.98% (+0.84%)
7% less capital invested
Capital invested by funds: $92.4M → $85.6M (-$6.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.69M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.39M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.27M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.13M |
| 5 |
XF
XML Financial
Bethesda,
Maryland
|
+$661K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.68M |
| 2 |
KCPG
Kavar Capital Partners Group
Leawood,
Kansas
|
-$251K |
| 3 |
VanEck Associates
New York
|
-$242K |
| 4 |
PP
Pegasus Partners
Mequon,
Wisconsin
|
-$214K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$211K |
NMCO Hedge Fund Activity: Q3 2022 in Review
46 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Opportunities Fund (NMCO) for Q3 2022, worth a combined $85.6M — down 7.4% from $92.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NMCO positions and 4 closed out — a net gain of 3 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $2.69M. The largest seller was Morgan Stanley, cutting an estimated $1.68M.
- 46 institutional investors held Nuveen Municipal Credit Opportunities Fund (NMCO) as of Q3 2022, up from 44 in Q2 2022.
- Funds reported $85.6M of Nuveen Municipal Credit Opportunities Fund stock for Q3 2022, down 7.4% quarter-over-quarter.
- 7 funds opened new Nuveen Municipal Credit Opportunities Fund positions in Q3 2022 and 4 closed out, a net change of +3 holders.
- The largest Nuveen Municipal Credit Opportunities Fund buyer in Q3 2022 was Bank of America, an estimated $2.69M added.
- The largest Nuveen Municipal Credit Opportunities Fund seller in Q3 2022 was Morgan Stanley, an estimated $1.68M sold.
Based on aggregated 13F filings for Q3 2022.