Nuveen Municipal Credit Income Fund
195 hedge funds and large institutions have $288M invested in Nuveen Municipal Credit Income Fund in 2022 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 65 increasing their positions, 51 reducing their positions, and 28 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
27% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 51
0.39% more ownership
Funds ownership: 14.97% → 15.36% (+0.39%)
4% less funds holding
Funds holding: 204 → 195 (-9)
7% less capital invested
Capital invested by funds: $310M → $288M (-$22M)
29% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$7.78M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.54M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$4.28M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.27M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$10.3M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$2.15M |
| 3 |
H6H
Hightower 6M Holding
Wichita,
Kansas
|
-$1.98M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.59M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.32M |
NZF Hedge Fund Activity: Q3 2022 in Review
195 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q3 2022, worth a combined $288M — down 7.1% from $310M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of NZF and 20 opened new positions — a net loss of 8 holders — while 51 trimmed existing stakes and 65 added.
The largest buyer was Sit Investment Associates, adding an estimated $7.78M. The largest seller was Karpus Investment Management, cutting an estimated $10.3M.
- 195 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q3 2022, down from 204 in Q2 2022.
- Funds reported $288M of Nuveen Municipal Credit Income Fund stock for Q3 2022, down 7.1% quarter-over-quarter.
- 20 funds opened new Nuveen Municipal Credit Income Fund positions in Q3 2022 and 28 closed out, a net change of -8 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q3 2022 was Sit Investment Associates, an estimated $7.78M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q3 2022 was Karpus Investment Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q3 2022.