Nuveen Municipal Credit Income Fund
127 hedge funds and large institutions have $196M invested in Nuveen Municipal Credit Income Fund in 2018 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 27 increasing their positions, 40 reducing their positions, and 25 closing their positions.
0.06% more ownership
Funds ownership: 9.67% → 9.72% (+0.06%)
6% less funds holding
Funds holding: 135 → 127 (-8)
9% less capital invested
Capital invested by funds: $215M → $196M (-$19.1M)
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
33% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$4.83M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$1.9M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.87M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$673K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$670K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.14M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.03M |
| 3 |
Morgan Stanley
New York
|
-$1.6M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$956K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$25K | -1,695 | Closed |
|
|
EWM
152
Evercore Wealth Management
New York
| – | -$23K | -1,487 | Closed |
|
|
PMFA
153
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$15K | -1,000 | Closed |
|
|
CA
154
Calton & Associates
Tampa,
Florida
| – | -$14K | -989 | Closed |
|
|
TC
155
Trust Company
Manhattan,
Kansas
| – | -$8K | -495 | Closed |
|
|
WA
156
Winfield Associates
Cleveland,
Ohio
| – | -$6K | -330 | Closed |
|
NZF Hedge Fund Activity: Q1 2018 in Review
127 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q1 2018, worth a combined $196M — down 8.9% from $215M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of NZF and 18 opened new positions — a net loss of 7 holders — while 40 trimmed existing stakes and 27 added.
The largest buyer was Robinson Capital Management, adding an estimated $4.83M. The largest seller was Royal Bank of Canada, cutting an estimated $5.14M.
- 127 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q1 2018, down from 135 in Q4 2017.
- Funds reported $196M of Nuveen Municipal Credit Income Fund stock for Q1 2018, down 8.9% quarter-over-quarter.
- 18 funds opened new Nuveen Municipal Credit Income Fund positions in Q1 2018 and 25 closed out, a net change of -7 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q1 2018 was Robinson Capital Management, an estimated $4.83M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q1 2018 was Royal Bank of Canada, an estimated $5.14M sold.
Based on aggregated 13F filings for Q1 2018.