Nuveen Municipal Credit Income Fund
131 hedge funds and large institutions have $203M invested in Nuveen Municipal Credit Income Fund in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 12 closing their positions.
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
3% more funds holding
Funds holding: 127 → 131 (+4)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
4% more capital invested
Capital invested by funds: $196M → $203M (+$7.27M)
0.29% more ownership
Funds ownership: 9.72% → 10.02% (+0.29%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
+$12.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.22M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.11M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.11M |
| 5 |
Morgan Stanley
New York
|
+$819K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$8.83M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.45M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$1.86M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.1M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$493K |
NZF Hedge Fund Activity: Q2 2018 in Review
131 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q2 2018, worth a combined $203M — up 3.7% from $196M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NZF positions and 12 closed out — a net gain of 5 holders — while 36 added to existing stakes and 33 trimmed.
The largest buyer was Oxbow Advisors, opening a new position worth an estimated $12.5M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $8.83M sold.
- 131 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q2 2018, up from 127 in Q1 2018.
- Funds reported $203M of Nuveen Municipal Credit Income Fund stock for Q2 2018, up 3.7% quarter-over-quarter.
- 17 funds opened new Nuveen Municipal Credit Income Fund positions in Q2 2018 and 12 closed out, a net change of +5 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q2 2018 was Oxbow Advisors, an estimated $12.5M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q2 2018 was Robinson Capital Management, an estimated $8.83M sold.
Based on aggregated 13F filings for Q2 2018.