Nuveen Municipal Credit Income Fund
62 hedge funds and large institutions have $142M invested in Nuveen Municipal Credit Income Fund in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 10 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0% less capital invested
Capital invested by funds: $143M → $142M (-$258K)
0.78% less ownership
Funds ownership: 25.71% → 24.92% (-0.78%)
9% less funds holding
Funds holding: 68 → 62 (-6)
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$8.24M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.56M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$556K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$381K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$271K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$3.24M |
| 2 |
OHA
Oak Hill Advisors
New York
|
-$3.13M |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
-$2.86M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.42M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.22M |
NZF Hedge Fund Activity: Q1 2015 in Review
62 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q1 2015, worth a combined $142M — down 0.18% from $143M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NZF and 4 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 19 added.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $8.24M. The largest seller was Icon Advisers, exiting entirely with an estimated $3.24M sold.
- 62 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q1 2015, down from 68 in Q4 2014.
- Funds reported $142M of Nuveen Municipal Credit Income Fund stock for Q1 2015, down 0.18% quarter-over-quarter.
- 4 funds opened new Nuveen Municipal Credit Income Fund positions in Q1 2015 and 10 closed out, a net change of -6 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q1 2015 was Mackay Shields LLC, an estimated $8.24M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q1 2015 was Icon Advisers, an estimated $3.24M sold.
Based on aggregated 13F filings for Q1 2015.