Nuveen Municipal Credit Income Fund
55 hedge funds and large institutions have $140M invested in Nuveen Municipal Credit Income Fund in 2015 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 7 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
1.16% more ownership
Funds ownership: 24.92% → 26.08% (+1.2%)
1% less capital invested
Capital invested by funds: $142M → $140M (-$2.11M)
11% less funds holding
Funds holding: 62 → 55 (-7)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.47M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.6M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$716K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$456K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$445K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.73M |
| 2 |
PIA
Peachtree Investment Advisors
Atlanta,
Georgia
|
-$1.08M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$788K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$443K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$405K |
NZF Hedge Fund Activity: Q2 2015 in Review
55 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q2 2015, worth a combined $140M — down 1.5% from $142M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NZF and 0 opened new positions — a net loss of 7 holders — while 17 trimmed existing stakes and 21 added.
The largest buyer was Wells Fargo, adding an estimated $7.47M. The largest seller was Guggenheim Capital, cutting an estimated $1.73M.
- 55 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q2 2015, down from 62 in Q1 2015.
- Funds reported $140M of Nuveen Municipal Credit Income Fund stock for Q2 2015, down 1.5% quarter-over-quarter.
- 0 funds opened new Nuveen Municipal Credit Income Fund positions in Q2 2015 and 7 closed out, a net change of -7 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q2 2015 was Wells Fargo, an estimated $7.47M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q2 2015 was Guggenheim Capital, an estimated $1.73M sold.
Based on aggregated 13F filings for Q2 2015.