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Nuveen Municipal Credit Income Fund

153 hedge funds and large institutions have $214M invested in Nuveen Municipal Credit Income Fund in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 27 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 27

6% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 17

1% more funds holding

Funds holding: 152153 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.06% less ownership

Funds ownership: 10.34%10.28% (-0.06%)

1% less capital invested

Capital invested by funds: $216M → $214M (-$2.39M)

Holders
153
Holders Change
+1
Holders Change %
+0.66%
% of All Funds
3.09%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
41
Reduced
27
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$27.4M +$840K +55,950 +3%
Morgan Stanley
2
Morgan Stanley
New York
$22.4M -$729K -48,517 -3%
Wells Fargo
3
Wells Fargo
California
$14.9M +$74.8K +4,982 +0.5%
RCM
4
Robinson Capital Management
Michigan
$11.9M +$744K +49,526 +7%
RCM
5
Rivernorth Capital Management
Florida
$9.57M -$2.19M -145,821 -18%
Bank of America
6
Bank of America
North Carolina
$9.51M -$2.42M -160,900 -20%
VanEck Associates
7
VanEck Associates
New York
$9.1M +$76.2K +5,074 +0.8%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$4.72M +$143K +9,526 +3%
OA
9
Oxbow Advisors
Texas
$4.42M -$1.4K -93 -0%
GC
10
Guggenheim Capital
Illinois
$4.12M +$603K +40,170 +17%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$4.01M +$135K +8,977 +3%
JWA
12
JFS Wealth Advisors
Pennsylvania
$3.67M +$469K +31,223 +14%
Ameriprise
13
Ameriprise
Minnesota
$3.57M +$1.78M +118,359 +95%
Cohen & Steers
14
Cohen & Steers
New York
$3.47M -$291K -19,399 -8%
PPA
15
Parametric Portfolio Associates
Washington
$3.47M -$93.1K -6,200 -3%
CPC
16
Congress Park Capital
New York
$3.44M +$251K +16,701 +8%
Stifel Financial
17
Stifel Financial
Missouri
$3.37M -$213K -14,168 -6%
Osaic Holdings
18
Osaic Holdings
Arizona
$3.25M +$373K +24,816 +13%
Invesco
19
Invesco
Georgia
$3.1M -$173K -11,514 -5%
LPL Financial
20
LPL Financial
California
$2.9M +$90.9K +6,052 +3%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$2.39M +$142K +9,470 +6%
Allianz Asset Management
22
Allianz Asset Management
Germany
$2.22M
WCMNY
23
Westchester Capital Management (New York)
New York
$2.17M
RJFSA
24
Raymond James Financial Services Advisors
Florida
$2.06M +$75.3K +5,014 +4%
AAM
25
Advisors Asset Management
Colorado
$1.93M +$217K +14,464 +12%

NZF Hedge Fund Activity: Q3 2020 in Review

153 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q3 2020, worth a combined $214M — down 1.1% from $216M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new NZF positions and 17 closed out — a net gain of 1 holder — while 41 added to existing stakes and 27 trimmed.

The largest buyer was Ameriprise, adding an estimated $1.78M. The largest seller was AQR Arbitrage, cutting an estimated $2.47M.

  • 153 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q3 2020, up from 152 in Q2 2020.
  • Funds reported $214M of Nuveen Municipal Credit Income Fund stock for Q3 2020, down 1.1% quarter-over-quarter.
  • 18 funds opened new Nuveen Municipal Credit Income Fund positions in Q3 2020 and 17 closed out, a net change of +1 holder.
  • The largest Nuveen Municipal Credit Income Fund buyer in Q3 2020 was Ameriprise, an estimated $1.78M added.
  • The largest Nuveen Municipal Credit Income Fund seller in Q3 2020 was AQR Arbitrage, an estimated $2.47M sold.

Based on aggregated 13F filings for Q3 2020.