Nuveen Municipal Credit Income Fund
158 hedge funds and large institutions have $228M invested in Nuveen Municipal Credit Income Fund in 2020 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 53 increasing their positions, 30 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
77% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 30
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
7% more capital invested
Capital invested by funds: $214M → $228M (+$14.7M)
3% more funds holding
Funds holding: 153 → 158 (+5)
0.24% less ownership
Funds ownership: 10.28% → 10.04% (-0.24%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.31M |
| 2 |
HKIM
Hayek Kallen Investment Management
Fairhope,
Alabama
|
+$995K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$914K |
| 4 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
+$910K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$823K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$5.73M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.3M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
-$2.78M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.06M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$962K |
NZF Hedge Fund Activity: Q4 2020 in Review
158 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q4 2020, worth a combined $228M — up 6.9% from $214M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NZF positions and 19 closed out — a net gain of 5 holders — while 53 added to existing stakes and 30 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.31M. The largest seller was Robinson Capital Management, cutting an estimated $5.73M.
- 158 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q4 2020, up from 153 in Q3 2020.
- Funds reported $228M of Nuveen Municipal Credit Income Fund stock for Q4 2020, up 6.9% quarter-over-quarter.
- 24 funds opened new Nuveen Municipal Credit Income Fund positions in Q4 2020 and 19 closed out, a net change of +5 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q4 2020 was Wells Fargo, an estimated $2.31M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q4 2020 was Robinson Capital Management, an estimated $5.73M sold.
Based on aggregated 13F filings for Q4 2020.