We are live on ! Find out more
NZF icon

Nuveen Municipal Credit Income Fund
NZF

152 hedge funds and large institutions have $216M invested in Nuveen Municipal Credit Income Fund in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 44 increasing their positions, 35 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 35

7% more capital invested

Capital invested by funds: $202M → $216M (+$14.4M)

0.2% more ownership

Funds ownership: 10.15% → 10.34% (+0.2%)

4% less funds holding

Funds holding: 159 → 152 (-7)

33% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 18

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
152
Holders Change
-7
Holders Change %
-4.4%
% of All Funds
3.12%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
12
Increased
44
Reduced
35
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$6.9M
2
PPA
Parametric Portfolio Associates
Washington
+$3.4M
3
CPC
Congress Park Capital
New York
+$3.04M
4
RCM
Robinson Capital Management
Michigan
+$2.52M
5
STA
Summit Trail Advisors
New York
+$1.66M

Top Sellers

Rank Fund Capital Flow
1
OA
Oxbow Advisors
Texas
-$7.1M
2
KIM
Karpus Investment Management
New York
-$3.37M
3
Bank of America
Bank of America
North Carolina
-$2.79M
4
LCM
Landscape Capital Management
New Jersey
-$1.38M
5
SA
Strategic Advisors
New York
-$683K
Name Holding Trade Value Shares
Change 		Change in
Stake
NL
76
NWAM LLC
Washington
$315K – – –
PCM
77
Pointe Capital Management
Michigan
$310K -$14 -1 -0%
SBIA
78
Sheaff Brock Investment Advisors
Indiana
$274K +$574 +41 +0.2%
PMG
79
ProVise Management Group
Florida
$271K – – –
FAIM
80
Financial Advocates Investment Management
Washington
$264K +$250K +17,879 New
BAM
81
Belpointe Asset Management
Nevada
$261K +$126K +9,000 +103%
OC
82
Oppenheimer & Co
New York
$259K +$98 +7 +0%
TFA
83
Tobias Financial Advisors
Florida
$241K – – –
MC
84
Moors & Cabot
Massachusetts
$238K – – –
GWM
85
Geneos Wealth Management
Colorado
$226K – – –
CBTWT
86
Community Bank & Trust (Waco, Texas)
Texas
$224K – – –
MA
87
Mutual Advisors
Nebraska
$221K +$11K +784 +6%
BB
88
Busey Bank
Illinois
$214K +$29.1K +2,080 +17%
EW
89
Evoke Wealth
California
$212K – – –
NA
90
NewEdge Advisors
Louisiana
$212K +$9.99K +714 +5%
FFA
91
First Foundation Advisors
California
$211K -$49K -3,501 -20%
BFC
92
Bedel Financial Consulting
Indiana
$205K – – –
BF
93
BOK Financial
Oklahoma
$200K – – –
ACA
94
Aptus Capital Advisors
Alabama
$198K – – –
NCM
95
Narwhal Capital Management
Georgia
$194K -$408K -29,136 -69%
NEPWA
96
New England Private Wealth Advisors
Massachusetts
$192K – – –
NGA
97
Naples Global Advisors
Florida
$188K – – –
MAFM
98
Mid Atlantic Financial Management
Pennsylvania
$186K +$9.87K +705 +6%
SBSB
99
Sullivan, Bruyette, Speros & Blaney
Virginia
$184K -$4.18K -299 -2%
ECM
100
Evergreen Capital Management
Washington
$182K -$287K -20,522 -62%
2 3
4
5 6

NZF Hedge Fund Activity: Q2 2020 in Review

152 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q2 2020, worth a combined $216M — up 7.1% from $202M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of NZF and 12 opened new positions — a net loss of 6 holders — while 35 trimmed existing stakes and 44 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $6.9M. The largest seller was Oxbow Advisors, cutting an estimated $7.1M.

  • 152 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q2 2020, down from 159 in Q1 2020.
  • Funds reported $216M of Nuveen Municipal Credit Income Fund stock for Q2 2020, up 7.1% quarter-over-quarter.
  • 12 funds opened new Nuveen Municipal Credit Income Fund positions in Q2 2020 and 18 closed out, a net change of -6 holders.
  • The largest Nuveen Municipal Credit Income Fund buyer in Q2 2020 was Rivernorth Capital Management, an estimated $6.9M added.
  • The largest Nuveen Municipal Credit Income Fund seller in Q2 2020 was Oxbow Advisors, an estimated $7.1M sold.

Based on aggregated 13F filings for Q2 2020.