Nuveen Municipal Credit Income Fund
128 hedge funds and large institutions have $227M invested in Nuveen Municipal Credit Income Fund in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 38 reducing their positions, and 19 closing their positions.
0.52% less ownership
Funds ownership: 10.73% → 10.2% (-0.52%)
1% less capital invested
Capital invested by funds: $229M → $227M (-$2.01M)
5% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 38
4% less funds holding
Funds holding: 133 → 128 (-5)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$3.44M |
| 2 |
Citigroup
New York
|
+$1.86M |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$549K |
| 4 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$541K |
| 5 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$510K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$4.87M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.55M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.04M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.41M |
| 5 |
VanEck Associates
New York
|
-$1.4M |
NZF Hedge Fund Activity: Q2 2019 in Review
128 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q2 2019, worth a combined $227M — down 0.88% from $229M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NZF and 15 opened new positions — a net loss of 4 holders — while 38 trimmed existing stakes and 36 added.
The largest buyer was Western Wealth Management, opening a new position worth an estimated $3.44M. The largest seller was Cohen & Steers, cutting an estimated $4.87M.
- 128 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q2 2019, down from 133 in Q1 2019.
- Funds reported $227M of Nuveen Municipal Credit Income Fund stock for Q2 2019, down 0.88% quarter-over-quarter.
- 15 funds opened new Nuveen Municipal Credit Income Fund positions in Q2 2019 and 19 closed out, a net change of -4 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q2 2019 was Western Wealth Management, an estimated $3.44M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q2 2019 was Cohen & Steers, an estimated $4.87M sold.
Based on aggregated 13F filings for Q2 2019.