Nuveen Municipal Credit Income Fund
68 hedge funds and large institutions have $143M invested in Nuveen Municipal Credit Income Fund in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 25 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
3% more funds holding
Funds holding: 66 → 68 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.53% less ownership
Funds ownership: 26.24% → 25.71% (-0.53%)
1% less capital invested
Capital invested by funds: $144M → $143M (-$1.82M)
4% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$10.4M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$783K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$524K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$480K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$7.11M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.43M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.04M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$789K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$743K |
NZF Hedge Fund Activity: Q4 2014 in Review
68 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q4 2014, worth a combined $143M — down 1.3% from $144M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NZF positions and 5 closed out — a net gain of 5 holders — while 24 added to existing stakes and 25 trimmed.
The largest buyer was Wells Fargo, adding an estimated $10.4M. The largest seller was Bulldog Investors, cutting an estimated $7.11M.
- 68 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q4 2014, up from 66 in Q3 2014.
- Funds reported $143M of Nuveen Municipal Credit Income Fund stock for Q4 2014, down 1.3% quarter-over-quarter.
- 10 funds opened new Nuveen Municipal Credit Income Fund positions in Q4 2014 and 5 closed out, a net change of +5 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q4 2014 was Wells Fargo, an estimated $10.4M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q4 2014 was Bulldog Investors, an estimated $7.11M sold.
Based on aggregated 13F filings for Q4 2014.