Nuveen Municipal Credit Income Fund
254 hedge funds and large institutions have $635M invested in Nuveen Municipal Credit Income Fund in 2024 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 76 increasing their positions, 74 reducing their positions, and 22 closing their positions.
55% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 22
3% more funds holding
Funds holding: 246 → 254 (+8)
3% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 74
4% less capital invested
Capital invested by funds: $658M → $635M (-$23.7M)
1.16% less ownership
Funds ownership: 27.64% → 26.49% (-1.2%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$20.9M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.9M |
| 3 |
Morgan Stanley
New York
|
+$1.87M |
| 4 |
RVPG
Relative Value Partners Group
|
+$1.34M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$14.2M |
| 2 |
SCM
Saba Capital Management
New York
|
-$12.9M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$5.54M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.12M |
| 5 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$4.63M |
NZF Hedge Fund Activity: Q2 2024 in Review
254 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q2 2024, worth a combined $635M — down 3.6% from $658M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new NZF positions and 22 closed out — a net gain of 12 holders — while 76 added to existing stakes and 74 trimmed.
The largest buyer was Mackay Shields LLC, adding an estimated $20.9M. The largest seller was Logan Stone Capital, cutting an estimated $14.2M.
- 254 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q2 2024, up from 246 in Q1 2024.
- Funds reported $635M of Nuveen Municipal Credit Income Fund stock for Q2 2024, down 3.6% quarter-over-quarter.
- 34 funds opened new Nuveen Municipal Credit Income Fund positions in Q2 2024 and 22 closed out, a net change of +12 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q2 2024 was Mackay Shields LLC, an estimated $20.9M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q2 2024 was Logan Stone Capital, an estimated $14.2M sold.
Based on aggregated 13F filings for Q2 2024.