Nuveen Municipal Credit Income Fund
176 hedge funds and large institutions have $242M invested in Nuveen Municipal Credit Income Fund in 2022 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 45 reducing their positions, and 21 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 45
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
0.71% more ownership
Funds ownership: 11.02% → 11.73% (+0.71%)
1% less funds holding
Funds holding: 177 → 176 (-1)
9% less capital invested
Capital invested by funds: $266M → $242M (-$24.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$11.2M |
| 2 |
Morgan Stanley
New York
|
+$5.18M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.45M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.49M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$1.82M |
| 2 |
Cohen & Steers
New York
|
-$1.61M |
| 3 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
-$1.08M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$955K |
| 5 |
GT
Greenleaf Trust
Kalamazoo,
Michigan
|
-$646K |
NZF Hedge Fund Activity: Q1 2022 in Review
176 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q1 2022, worth a combined $242M — down 9.1% from $266M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NZF positions and 21 closed out — a net gain of 2 holders — while 58 added to existing stakes and 45 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $11.2M. The largest seller was VanEck Associates, cutting an estimated $1.82M.
- 176 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q1 2022, down from 177 in Q4 2021.
- Funds reported $242M of Nuveen Municipal Credit Income Fund stock for Q1 2022, down 9.1% quarter-over-quarter.
- 23 funds opened new Nuveen Municipal Credit Income Fund positions in Q1 2022 and 21 closed out, a net change of +2 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q1 2022 was Rivernorth Capital Management, an estimated $11.2M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q1 2022 was VanEck Associates, an estimated $1.82M sold.
Based on aggregated 13F filings for Q1 2022.