Nuveen Municipal Credit Income Fund
NZF
137 hedge funds and large institutions have $276M invested in Nuveen Municipal Credit Income Fund in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 34 increasing their positions, 36 reducing their positions, and 14 closing their positions.
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
36% more capital invested
Capital invested by funds: $203M → $276M (+$73.2M)
5% more funds holding
Funds holding: 131 → 137 (+6)
0.08% more ownership
Funds ownership: 10.02% → 10.1% (+0.08%)
6% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.05M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$970K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$477K |
| 5 |
VanEck Associates
New York
|
+$430K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.06M |
| 2 |
Morgan Stanley
New York
|
-$936K |
| 3 |
SG Americas Securities
New York
|
-$749K |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
-$533K |
| 5 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$390K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
151
Global Retirement Partners
San Rafael,
California
| – | -$16K | -1,111 | Closed |
|
|
CAL
152
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$9K | -626 | Closed |
|
153
SEI Investments
Oaks,
Pennsylvania
| – | -$3K | -185 | Closed |
|
154
UBS AM
Chicago,
Illinois
| – | -$888 | -62 | Closed |
|
NZF Hedge Fund Activity: Q3 2018 in Review
137 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q3 2018, worth a combined $276M — up 36% from $203M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NZF positions and 14 closed out — a net gain of 6 holders — while 34 added to existing stakes and 36 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $1.4M. The largest seller was Landscape Capital Management, exiting entirely with an estimated $1.06M sold.
- 137 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q3 2018, up from 131 in Q2 2018.
- Funds reported $276M of Nuveen Municipal Credit Income Fund stock for Q3 2018, up 36% quarter-over-quarter.
- 20 funds opened new Nuveen Municipal Credit Income Fund positions in Q3 2018 and 14 closed out, a net change of +6 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q3 2018 was City of London Investment Management, an estimated $1.4M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q3 2018 was Landscape Capital Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q3 2018.