We are live on ! Find out more
NZF icon

Nuveen Municipal Credit Income Fund
NZF

243 hedge funds and large institutions have $449M invested in Nuveen Municipal Credit Income Fund in 2025 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 72 increasing their positions, 73 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 19

0% more funds holding

Funds holding: 242 → 243 (+1)

1% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 73

1.04% less ownership

Funds ownership: 20.46% → 19.42% (-1%)

7% less capital invested

Capital invested by funds: $485M → $449M (-$36.1M)

50% less funds holding in top 10

Funds holding in top 10: 4 → 2 (-2)

Holders
243
Holders Change
+1
Holders Change %
+0.41%
% of All Funds
3.2%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
24
Increased
72
Reduced
73
Closed
19
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$3.51M
2
GC
Guggenheim Capital
Illinois
+$1.97M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$1.96M
4
Truist Financial
Truist Financial
North Carolina
+$1.47M
5
Raymond James Financial
Raymond James Financial
Florida
+$1.06M

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$17.8M
2
RC
Rareview Capital
Nevada
-$4.6M
3
COLIM
City of London Investment Management
United Kingdom
-$3.29M
4
LPL Financial
LPL Financial
California
-$1.6M
5
Pathstone Holdings
Pathstone Holdings
New Jersey
-$1.37M
Name Holding Trade Value Shares
Change 		Change in
Stake
GIP
26
Greatmark Investment Partners
Georgia
$3.84M +$234K +19,750 +7%
SIA
27
Sit Investment Associates
Minnesota
$3.67M -$177K -15,000 -5%
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$3.32M +$605K +51,150 +22%
GP
29
Gridiron Partners
Pennsylvania
$3.24M – – –
Commonwealth Equity Services
30
Commonwealth Equity Services
Massachusetts
$3.14M -$75.9K -6,414 -2%
KL
31
KIM LLC
Kansas
$2.98M – – –
Osaic Holdings
32
Osaic Holdings
Arizona
$2.75M +$258K +21,794 +10%
LSPW
33
Lake Street Private Wealth
Illinois
$2.49M +$806K +68,150 +48%
AIM
34
AHL Investment Management
Florida
$2.47M -$2.96K -250 -0.1%
Truist Financial
35
Truist Financial
North Carolina
$2.42M +$1.47M +124,700 +160%
RCM
36
Robinson Capital Management
Michigan
$2.41M -$922K -77,942 -28%
EIA
37
Edgemoor Investment Advisors
Maryland
$2.38M +$113K +9,580 +5%
Invesco
38
Invesco
Georgia
$2.19M +$133K +11,221 +6%
Allspring Global Investments
39
Allspring Global Investments
North Carolina
$2.13M -$977K -82,621 -32%
Ameriprise
40
Ameriprise
Minnesota
$2.06M +$64.7K +5,467 +3%
CIA
41
Capital Investment Advisors
Georgia
$2.02M -$183K -15,464 -8%
PFS
42
Prospera Financial Services
Texas
$2.01M +$500K +42,252 +34%
CFGSD
43
Compass Financial Group (South Dakota)
South Dakota
$1.93M +$944K +79,818 +97%
SPIA
44
Steward Partners Investment Advisory
New York
$1.92M +$75.2K +6,358 +4%
CC
45
CF Capital
Massachusetts
$1.82M -$200K -16,925 -10%
WAM
46
Wakefield Asset Management
Colorado
$1.74M -$26.8K -2,268 -2%
Envestnet Asset Management
47
Envestnet Asset Management
Illinois
$1.74M +$581K +49,161 +51%
CA
48
Carson Advisory
Georgia
$1.63M -$67.3K -5,693 -4%
Lido Advisors
49
Lido Advisors
California
$1.58M – – –
PFA
50
Petra Financial Advisors
Colorado
$1.43M +$17.8K +1,501 +1%
1
2
3 4 5

NZF Hedge Fund Activity: Q2 2025 in Review

243 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q2 2025, worth a combined $449M — down 7.4% from $485M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new NZF positions and 19 closed out — a net gain of 5 holders — while 72 added to existing stakes and 73 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $3.51M. The largest seller was Rivernorth Capital Management, cutting an estimated $17.8M.

  • 243 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q2 2025, up from 242 in Q1 2025.
  • Funds reported $449M of Nuveen Municipal Credit Income Fund stock for Q2 2025, down 7.4% quarter-over-quarter.
  • 24 funds opened new Nuveen Municipal Credit Income Fund positions in Q2 2025 and 19 closed out, a net change of +5 holders.
  • The largest Nuveen Municipal Credit Income Fund buyer in Q2 2025 was Morgan Stanley, an estimated $3.51M added.
  • The largest Nuveen Municipal Credit Income Fund seller in Q2 2025 was Rivernorth Capital Management, an estimated $17.8M sold.

Based on aggregated 13F filings for Q2 2025.