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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.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 30

5% more capital invested

Capital invested by funds: $228M → $240M (+$11.6M)

0.49% more ownership

Funds ownership: 10.04%10.53% (+0.49%)

1% less funds holding

Funds holding: 158156 (-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: 20 (-2)

Holders
156
Holders Change
-2
Holders Change %
-1.27%
% of All Funds
2.74%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
14
Increased
60
Reduced
30
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$30.7M -$124K -7,690 -0.4%
Morgan Stanley
2
Morgan Stanley
New York
$23.7M -$471K -29,278 -2%
Wells Fargo
3
Wells Fargo
California
$19M +$229K +14,216 +1%
RCM
4
Rivernorth Capital Management
Florida
$11.8M +$382K +23,743 +3%
VanEck Associates
5
VanEck Associates
New York
$9.87M +$578K +35,921 +6%
Bank of America
6
Bank of America
North Carolina
$9.09M -$252K -15,619 -3%
HWAM
7
Hennion & Walsh Asset Management
New Jersey
$7.95M +$7.92M +492,104 New
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$6.07M -$85.2K -5,294 -1%
CPC
9
Congress Park Capital
New York
$4.97M +$221K +13,700 +5%
GC
10
Guggenheim Capital
Illinois
$4.91M +$441K +27,380 +10%
JWA
11
JFS Wealth Advisors
Pennsylvania
$4.53M +$470K +29,209 +12%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$4.34M +$152K +9,455 +4%
Ameriprise
13
Ameriprise
Minnesota
$3.92M -$124K -7,713 -3%
Cohen & Steers
14
Cohen & Steers
New York
$3.87M -$138K -8,567 -3%
RCM
15
Robinson Capital Management
Michigan
$3.85M -$3.16M -195,997 -45%
LPL Financial
16
LPL Financial
California
$3.66M +$440K +27,309 +14%
Osaic Holdings
17
Osaic Holdings
Arizona
$3.58M -$47.2K -2,933 -1%
Stifel Financial
18
Stifel Financial
Missouri
$3.42M -$381K -23,640 -10%
PPA
19
Parametric Portfolio Associates
Washington
$3.35M +$3M +186,427 +893%
Baird Financial Group
20
Baird Financial Group
Wisconsin
$3.15M +$185K +11,458 +6%
STA
21
Summit Trail Advisors
New York
$2.94M +$552K +34,294 +23%
AAM
22
Advisors Asset Management
Colorado
$2.79M +$191K +11,874 +7%
Invesco
23
Invesco
Georgia
$2.46M -$121K -7,489 -5%
Allianz Asset Management
24
Allianz Asset Management
Germany
$2.44M
RJA
25
Raymond James & Associates
Florida
$2.43M +$410K +25,436 +20%

NZF Hedge Fund Activity: Q1 2021 in Review

156 of the 5,695 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 5.1% from $228M 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 5.1% 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.