Nuveen Municipal Credit Income Fund
149 hedge funds and large institutions have $235M invested in Nuveen Municipal Credit Income Fund in 2019 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 41 increasing their positions, 29 reducing their positions, and 8 closing their positions.
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
41% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 29
11% more funds holding
Funds holding: 134 → 149 (+15)
1% more capital invested
Capital invested by funds: $233M → $235M (+$2.77M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.03% less ownership
Funds ownership: 10.18% → 10.14% (-0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.38M |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$1.88M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.47M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.98M |
| 2 |
Morgan Stanley
New York
|
-$3.49M |
| 3 |
Cohen & Steers
New York
|
-$1.66M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.64M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.24M |
NZF Hedge Fund Activity: Q4 2019 in Review
149 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q4 2019, worth a combined $235M — up 1.2% from $233M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NZF positions and 8 closed out — a net gain of 17 holders — while 41 added to existing stakes and 29 trimmed.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $2.38M. The largest seller was Robinson Capital Management, cutting an estimated $3.98M.
- 149 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q4 2019, up from 134 in Q3 2019.
- Funds reported $235M of Nuveen Municipal Credit Income Fund stock for Q4 2019, up 1.2% quarter-over-quarter.
- 25 funds opened new Nuveen Municipal Credit Income Fund positions in Q4 2019 and 8 closed out, a net change of +17 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q4 2019 was Westchester Capital Management (New York), an estimated $2.38M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q4 2019 was Robinson Capital Management, an estimated $3.98M sold.
Based on aggregated 13F filings for Q4 2019.