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
CCA
126
Column Capital Advisors
Indiana
$48K +$45.8K +3,275 New
NSIM
127
North Star Investment Management
Illinois
$46K – – –
RFA
128
Reilly Financial Advisors
California
$46K – – –
HNB
129
Huntington National Bank
Ohio
$45K – – –
BFEC
130
Benjamin F. Edwards & Company
Missouri
$43K -$142K -10,158 -78%
WT
131
Washington Trust
Rhode Island
$43K – – –
Citigroup
132
Citigroup
New York
$34K – – –
FMP
133
Financial Management Professionals
Texas
$22K – – –
PAM
134
Panagora Asset Management
Massachusetts
$15K – – –
Carson Wealth (CWM LLC)
135
Carson Wealth (CWM LLC)
Nebraska
$14K – – –
TC
136
Truvestments Capital
Florida
$14K – – –
IRC
137
Investors Research Corp
Georgia
$13K – – –
AA
138
Ancora Advisors
Ohio
$11K -$35K -2,500 -76%
SFS
139
Sowell Financial Services
Arkansas
$10K +$126 +9 +1%
GRP
140
Global Retirement Partners
California
$9K – – –
Northern Trust
141
Northern Trust
Illinois
$9K +$253K +18,070 +40%
PCG
142
Private Capital Group
Connecticut
$7K – – –
SIAP
143
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$7K – – –
KPW
144
Kore Private Wealth
New York
$4K -$4.65K -332 -50%
WR
145
Watson Rebecca
$4K +$4.2K +300 New
FCA
146
FinTrust Capital Advisors
South Carolina
$3K – – –
FWM
147
FSA Wealth Management
Massachusetts
$3K – – –
WFMPM
148
Woodley Farra Manion Portfolio Management
Indiana
$3K – – –
WAS
149
Winch Advisory Services
Wisconsin
$2K +$28 +2 +2%
TI
150
tru Independence
Oregon
$33 – – –
3 4 5
6
7

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.