We are live on ! Find out more
NZF icon

Nuveen Municipal Credit Income Fund
NZF

250 hedge funds and large institutions have $673M invested in Nuveen Municipal Credit Income Fund in 2023 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 73 increasing their positions, 72 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 27

26% more capital invested

Capital invested by funds: $534M → $673M (+$139M)

20% more funds holding in top 10

Funds holding in top 10: 5 → 6 (+1)

4% more funds holding

Funds holding: 240 → 250 (+10)

2.98% more ownership

Funds ownership: 26.27% → 29.25% (+3%)

1% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 72

Holders
250
Holders Change
+10
Holders Change %
+4.17%
% of All Funds
3.64%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.09%
New
42
Increased
73
Reduced
72
Closed
27
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$23.1M
2
Bank of America
Bank of America
North Carolina
+$11.2M
3
SCM
Saba Capital Management
New York
+$6.32M
4
LSC
Logan Stone Capital
Illinois
+$4.42M
5
LCM
Landscape Capital Management
New Jersey
+$3.25M

Top Sellers

1
RCM
Rivernorth Capital Management
Florida
-$17.3M
2
KIM
Karpus Investment Management
New York
-$7.73M
3
WP
Woodline Partners
California
-$6.53M
4
SIA
Sit Investment Associates
Minnesota
-$4.8M
5
Osaic Holdings
Osaic Holdings
Arizona
-$1.85M
Name Holding Trade Value Shares
Change 		Change in
Stake
PTC
201
Private Trust Company
Ohio
$117K +$55.4K +5,048 +104%
OIA
202
Optimum Investment Advisors
Illinois
$116K – – –
Carson Wealth (CWM LLC)
203
Carson Wealth (CWM LLC)
Nebraska
$102K – – –
PA
204
PSI Advisors
Florida
$91.9K – – –
ASN
205
Advisory Services Network
Georgia
$75.2K -$110K -10,006 -61%
CFB
206
Cullen/Frost Bankers
Texas
$64.1K -$393K -35,820 -87%
LFG
207
Larson Financial Group
Missouri
$59.2K +$37.3K +3,393 +210%
BCMLT
208
Beacon Capital Management LLC (Tennessee)
Tennessee
$58.9K – – –
PSB
209
Piscataqua Savings Bank
New Hampshire
$56.3K – – –
HCP
210
Hexagon Capital Partners
Arkansas
$51.5K – – –
NS
211
NBC Securities
Alabama
$51K -$21.8K -1,990 -31%
CAM
212
Creekmur Asset Management
Illinois
$50.9K +$47.2K +4,303 New
Fifth Third Bancorp
213
Fifth Third Bancorp
Ohio
$48K -$15.6K -1,421 -26%
JWA
214
JFS Wealth Advisors
Pennsylvania
$44.1K +$516 +47 +1%
UB
215
UMB Bank
Missouri
$43.6K +$2.9K +264 +8%
TCM
216
Tradewinds Capital Management
Washington
$42.5K – – –
CPG
217
Cornerstone Planning Group
New Jersey
$40.7K – – –
FMP
218
Financial Management Professionals
Texas
$39K +$242 +22 +0.7%
AA
219
Ancora Advisors
Ohio
$37.8K – – –
CCM
220
Chilton Capital Management
Texas
$37.6K – – –
CWP
221
Concord Wealth Partners
Virginia
$35.5K – – –
WT
222
Washington Trust
Rhode Island
$29.6K – – –
PFA
223
Pathway Financial Advisers
Indiana
$28.9K -$7.09K -646 -21%
FHA
224
First Horizon Advisors
Tennessee
$26K +$24.2K +2,200 New
BCWM
225
Bartlett & Co Wealth Management
Ohio
$25.4K – – –
7 8
9
10 11

NZF Hedge Fund Activity: Q4 2023 in Review

250 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q4 2023, worth a combined $673M — up 26% from $534M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new NZF positions and 27 closed out — a net gain of 15 holders — while 73 added to existing stakes and 72 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $23.1M. The largest seller was Rivernorth Capital Management, cutting an estimated $17.3M.

  • 250 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q4 2023, up from 240 in Q3 2023.
  • Funds reported $673M of Nuveen Municipal Credit Income Fund stock for Q4 2023, up 26% quarter-over-quarter.
  • 42 funds opened new Nuveen Municipal Credit Income Fund positions in Q4 2023 and 27 closed out, a net change of +15 holders.
  • The largest Nuveen Municipal Credit Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $23.1M added.
  • The largest Nuveen Municipal Credit Income Fund seller in Q4 2023 was Rivernorth Capital Management, an estimated $17.3M sold.

Based on aggregated 13F filings for Q4 2023.