Nuveen Municipal Credit Income Fund
NZF
134 hedge funds and large institutions have $233M invested in Nuveen Municipal Credit Income Fund in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 36 increasing their positions, 35 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
5% more funds holding
Funds holding: 128 → 134 (+6)
3% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 35
2% more capital invested
Capital invested by funds: $227M → $233M (+$5.25M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.03% less ownership
Funds ownership: 10.2% → 10.18% (-0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.01M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.93M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.31M |
| 4 |
LSPW
Lake Street Private Wealth
Chicago,
Illinois
|
+$895K |
| 5 |
SA
Strategic Advisors
New York
|
+$555K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$3.33M |
| 2 |
Citigroup
New York
|
-$1.82M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.73M |
| 4 |
Cohen & Steers
New York
|
-$1.14M |
| 5 |
ICA
Infrastructure Capital Advisors
New York
|
-$684K |
NZF Hedge Fund Activity: Q3 2019 in Review
134 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q3 2019, worth a combined $233M — up 2.3% from $227M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NZF positions and 13 closed out — a net gain of 6 holders — while 36 added to existing stakes and 35 trimmed.
The largest buyer was Bank of America, adding an estimated $3.01M. The largest seller was Western Wealth Management, exiting entirely with an estimated $3.33M sold.
- 134 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q3 2019, up from 128 in Q2 2019.
- Funds reported $233M of Nuveen Municipal Credit Income Fund stock for Q3 2019, up 2.3% quarter-over-quarter.
- 19 funds opened new Nuveen Municipal Credit Income Fund positions in Q3 2019 and 13 closed out, a net change of +6 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q3 2019 was Bank of America, an estimated $3.01M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q3 2019 was Western Wealth Management, an estimated $3.33M sold.
Based on aggregated 13F filings for Q3 2019.