Nuveen Municipal Credit Opportunities Fund
NMCO
63 hedge funds and large institutions have $114M invested in Nuveen Municipal Credit Opportunities Fund in 2026 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 7 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
70% more capital inflows, than outflows
Capital inflows: $10.3M | Capital outflows: $6.07M
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
5% more funds holding
Funds holding: 60 → 63 (+3)
0.72% more ownership
Funds ownership: 18.22% → 18.94% (+0.72%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.1M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.77M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.44M |
| 4 |
Morgan Stanley
New York
|
+$1.3M |
| 5 |
MPW
Melone Private Wealth
Auburn Hills,
Michigan
|
+$574K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.32M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.61M |
| 3 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
-$708K |
| 4 |
Cohen & Steers
New York
|
-$215K |
| 5 |
MAM
Mystic Asset Management
Warwick,
Rhode Island
|
-$201K |
NMCO Hedge Fund Activity: Q2 2026 in Review
63 of the 8,355 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Opportunities Fund (NMCO) for Q2 2026, worth a combined $114M — up 7% from $107M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NMCO positions and 7 closed out — a net gain of 3 holders — while 25 added to existing stakes and 13 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.1M. The largest seller was UBS Group, cutting an estimated $2.32M.
- 63 institutional investors held Nuveen Municipal Credit Opportunities Fund (NMCO) as of Q2 2026, up from 60 in Q1 2026.
- Funds reported $114M of Nuveen Municipal Credit Opportunities Fund stock for Q2 2026, up 7% quarter-over-quarter.
- 10 funds opened new Nuveen Municipal Credit Opportunities Fund positions in Q2 2026 and 7 closed out, a net change of +3 holders.
- The largest Nuveen Municipal Credit Opportunities Fund buyer in Q2 2026 was Wells Fargo, an estimated $2.1M added.
- The largest Nuveen Municipal Credit Opportunities Fund seller in Q2 2026 was UBS Group, an estimated $2.32M sold.
Based on aggregated 13F filings for Q2 2026.