Nuveen Municipal Credit Income Fund
153 hedge funds and large institutions have $214M invested in Nuveen Municipal Credit Income Fund in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 27 reducing their positions, and 17 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 27
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
1% more funds holding
Funds holding: 152 → 153 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.06% less ownership
Funds ownership: 10.34% → 10.28% (-0.06%)
1% less capital invested
Capital invested by funds: $216M → $214M (-$2.39M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.78M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$983K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$840K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$744K |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$703K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.47M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.42M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.19M |
| 4 |
HKIM
Hayek Kallen Investment Management
Fairhope,
Alabama
|
-$773K |
| 5 |
Morgan Stanley
New York
|
-$729K |
NZF Hedge Fund Activity: Q3 2020 in Review
153 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q3 2020, worth a combined $214M — down 1.1% from $216M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NZF positions and 17 closed out — a net gain of 1 holder — while 41 added to existing stakes and 27 trimmed.
The largest buyer was Ameriprise, adding an estimated $1.78M. The largest seller was AQR Arbitrage, cutting an estimated $2.47M.
- 153 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q3 2020, up from 152 in Q2 2020.
- Funds reported $214M of Nuveen Municipal Credit Income Fund stock for Q3 2020, down 1.1% quarter-over-quarter.
- 18 funds opened new Nuveen Municipal Credit Income Fund positions in Q3 2020 and 17 closed out, a net change of +1 holder.
- The largest Nuveen Municipal Credit Income Fund buyer in Q3 2020 was Ameriprise, an estimated $1.78M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q3 2020 was AQR Arbitrage, an estimated $2.47M sold.
Based on aggregated 13F filings for Q3 2020.