Nuveen Municipal Credit Income Fund
61 hedge funds and large institutions have $143M invested in Nuveen Municipal Credit Income Fund in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 24 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more funds holding
Funds holding: 55 → 61 (+6)
2% more capital invested
Capital invested by funds: $140M → $143M (+$3.26M)
0.19% more ownership
Funds ownership: 26.08% → 26.27% (+0.19%)
42% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.22M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$976K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$471K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$231K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$2.03M |
| 2 |
MCTP
MPAM Credit Trading Partners
Cleveland,
Ohio
|
-$299K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$286K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$279K |
| 5 |
LPL Financial
San Diego,
California
|
-$227K |
NZF Hedge Fund Activity: Q3 2015 in Review
61 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q3 2015, worth a combined $143M — up 2.3% from $140M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NZF positions and 6 closed out — a net gain of 6 holders — while 14 added to existing stakes and 24 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.22M. The largest seller was Global Endowment Management, cutting an estimated $2.03M.
- 61 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q3 2015, up from 55 in Q2 2015.
- Funds reported $143M of Nuveen Municipal Credit Income Fund stock for Q3 2015, up 2.3% quarter-over-quarter.
- 12 funds opened new Nuveen Municipal Credit Income Fund positions in Q3 2015 and 6 closed out, a net change of +6 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q3 2015 was Wells Fargo, an estimated $3.22M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q3 2015 was Global Endowment Management, an estimated $2.03M sold.
Based on aggregated 13F filings for Q3 2015.