Nuveen Municipal Credit Income Fund
156 hedge funds and large institutions have $240M invested in Nuveen Municipal Credit Income Fund in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 60 increasing their positions, 30 reducing their positions, and 16 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 30
5% more capital invested
Capital invested by funds: $229M → $240M (+$11.4M)
0.49% more ownership
Funds ownership: 10.04% → 10.53% (+0.49%)
1% less funds holding
Funds holding: 158 → 156 (-2)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$987K |
| 3 |
CSPIA
Cary Street Partners Investment Advisory
Richmond,
Virginia
|
+$684K |
| 4 |
VanEck Associates
New York
|
+$578K |
| 5 |
STA
Summit Trail Advisors
New York
|
+$552K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.16M |
| 2 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$792K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$741K |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$610K |
| 5 |
BWA
BDO Wealth Advisors
Jacksonville,
Florida
|
-$580K |
NZF Hedge Fund Activity: Q1 2021 in Review
156 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q1 2021, worth a combined $240M — up 5% from $229M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NZF and 14 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 60 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $3M. The largest seller was Robinson Capital Management, cutting an estimated $3.16M.
- 156 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q1 2021, down from 158 in Q4 2020.
- Funds reported $240M of Nuveen Municipal Credit Income Fund stock for Q1 2021, up 5% quarter-over-quarter.
- 14 funds opened new Nuveen Municipal Credit Income Fund positions in Q1 2021 and 16 closed out, a net change of -2 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q1 2021 was Parametric Portfolio Associates, an estimated $3M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q1 2021 was Robinson Capital Management, an estimated $3.16M sold.
Based on aggregated 13F filings for Q1 2021.