Nuveen Municipal Credit Income Fund
162 hedge funds and large institutions have $250M invested in Nuveen Municipal Credit Income Fund in 2021 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 56 increasing their positions, 27 reducing their positions, and 11 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 27
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
4% more funds holding
Funds holding: 156 → 162 (+6)
0.26% less ownership
Funds ownership: 10.83% → 10.57% (-0.26%)
5% less capital invested
Capital invested by funds: $263M → $250M (-$12.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$2.56M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.85M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.21M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$939K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$933K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.52M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.71M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.77M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.47M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$1.44M |
NZF Hedge Fund Activity: Q3 2021 in Review
162 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q3 2021, worth a combined $250M — down 4.7% from $263M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NZF positions and 11 closed out — a net gain of 11 holders — while 56 added to existing stakes and 27 trimmed.
The largest buyer was Claybrook Capital, opening a new position worth an estimated $2.56M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.52M.
- 162 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q3 2021, up from 156 in Q2 2021.
- Funds reported $250M of Nuveen Municipal Credit Income Fund stock for Q3 2021, down 4.7% quarter-over-quarter.
- 22 funds opened new Nuveen Municipal Credit Income Fund positions in Q3 2021 and 11 closed out, a net change of +11 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q3 2021 was Claybrook Capital, an estimated $2.56M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q3 2021 was Rivernorth Capital Management, an estimated $5.52M sold.
Based on aggregated 13F filings for Q3 2021.