Nuveen Municipal Credit Income Fund
262 hedge funds and large institutions have $544M invested in Nuveen Municipal Credit Income Fund in 2024 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 78 increasing their positions, 73 reducing their positions, and 21 closing their positions.
105% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 21
8% more funds holding
Funds holding: 243 → 262 (+19)
7% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 73
1.16% less ownership
Funds ownership: 24.2% → 23.04% (-1.2%)
12% less capital invested
Capital invested by funds: $615M → $544M (-$71.5M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.69M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$4.39M |
| 3 |
SG
StoneX Group
New York
|
+$4.04M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.09M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
-$14.6M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$13M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$7.03M |
| 4 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$6.48M |
| 5 |
MAM
Milestone Asset Management
Pittsburgh,
Pennsylvania
|
-$4.55M |
NZF Hedge Fund Activity: Q4 2024 in Review
262 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Credit Income Fund (NZF) for Q4 2024, worth a combined $544M — down 12% from $615M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new NZF positions and 21 closed out — a net gain of 22 holders — while 78 added to existing stakes and 73 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $6.69M. The largest seller was Pathstone Holdings, cutting an estimated $14.6M.
- 262 institutional investors held Nuveen Municipal Credit Income Fund (NZF) as of Q4 2024, up from 243 in Q3 2024.
- Funds reported $544M of Nuveen Municipal Credit Income Fund stock for Q4 2024, down 12% quarter-over-quarter.
- 43 funds opened new Nuveen Municipal Credit Income Fund positions in Q4 2024 and 21 closed out, a net change of +22 holders.
- The largest Nuveen Municipal Credit Income Fund buyer in Q4 2024 was Rivernorth Capital Management, an estimated $6.69M added.
- The largest Nuveen Municipal Credit Income Fund seller in Q4 2024 was Pathstone Holdings, an estimated $14.6M sold.
Based on aggregated 13F filings for Q4 2024.