NUVEEN MUNICIPAL CREDIT INC NZF
COM SH BEN INT · Closed-End Fund · CUSIP 67070X101
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.51.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 196 |
| Q4 2022 | 217 |
| Q1 2023 | 210 |
| Q2 2023 | 243 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 94 | 80 |
| Q1 2023 | 96 | 78 |
| Q2 2023 | 141 | 65 |
Biggest buyers
| Karpus Management, Inc. | Added | +4.0m |
| SIT INVESTMENT ASSOCIATES INC | Added | +2.2m |
| MORGAN STANLEY | Added | +1.4m |
| Logan Stone Capital, LLC | Added | +758.4k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Added | +654.4k |
| Woodline Partners LP | Added | +511.9k |
| Saba Capital Management, L.P. | Added | +452.5k |
| Allspring Global Investments Holdings, LLC | Added | +364.5k |
| VAN ECK ASSOCIATES CORP | Added | +293.8k |
| HighTower Advisors, LLC | Added | +286.9k |
Biggest sellers
| AMERIPRISE FINANCIAL INC | Reduced | -146.7k |
| Hennion & Walsh Asset Management, Inc. | Reduced | -97.7k |
| Sea Otter Advisors LLC | Reduced | -86.0k |
| Cetera Advisor Networks LLC | Reduced | -66.3k |
| Walleye Capital LLC | Sold out | -52.1k |
| GUGGENHEIM CAPITAL LLC | Reduced | -42.5k |
| Invesco Ltd. | Reduced | -30.0k |
| REGIONS FINANCIAL CORP | Sold out | -26.1k |
| Advisory Services Network, LLC | Reduced | -25.5k |
| Financial Advocates Investment Management | Sold out | -21.9k |
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 1 | $70.0k | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Karpus Management, Inc. 2.68% of their portfolio | 7.3m $85.4m | Added +4.0m |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 3.37% of their portfolio | 5.8m $67.5m | Added +654.4k |
| MORGAN STANLEY 0.00% of their portfolio | 3.6m $41.9m | Added +1.4m |
| UBS Group AG 0.01% of their portfolio | 2.5m $29.7m | Added +194.9k |
| SIT INVESTMENT ASSOCIATES INC 0.68% of their portfolio | 2.2m $26.1m | Added +2.2m |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.6m $18.7m | Added +239.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.4m $16.3m | Added +83.7k |
| VAN ECK ASSOCIATES CORP 0.04% of their portfolio | 1.4m $16.2m | Added +293.8k |
| Woodline Partners LP 0.18% of their portfolio | 1.3m $15.0m | Added +511.9k |
| Logan Stone Capital, LLC 5.01% of their portfolio | 1.3m $14.8m | Added +758.4k |
| GUGGENHEIM CAPITAL LLC 0.11% of their portfolio | 1.2m $13.6m | Reduced -42.5k |
| HighTower Advisors, LLC 0.02% of their portfolio | 837.6k $9.8m | Added +286.9k |
| Fiera Capital Corp 0.03% of their portfolio | 760.4k $8.9m | Added +105.4k |
| PenderFund Capital Management Ltd. 3.12% of their portfolio | 650.0k $10.0k | Unchanged |
| Melone Private Wealth, LLC 5.12% of their portfolio | 622.9k $7.3m | Added +18.2k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 544.8k $6.4m | Added +364.5k |
| Penserra Capital Management LLC 0.12% of their portfolio | 534.8k $6.2m | Added +33.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 470.5k $5.5m | Added +79.0k |
| Saba Capital Management, L.P. 0.18% of their portfolio | 469.5k $5.5m | Added +452.5k |
| Advisors Asset Management, Inc. 0.11% of their portfolio | 455.1k $5.3m | Added +5.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 406.7k $4.7m | Added +1.2k |
| ROBINSON CAPITAL MANAGEMENT, LLC 2.08% of their portfolio | 400.6k $4.7m | Added +70.0k |
| COHEN & STEERS, INC. 0.01% of their portfolio | 394.8k $4.6m | Added +45.3k |
| AQR Arbitrage LLC 0.20% of their portfolio | 389.9k $4.5m | Added +103.3k |
| LPL Financial LLC 0.00% of their portfolio | 384.6k $4.5m | Added +1.1k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 342.6k $4.0m | Added +1.6k |
| Kestra Advisory Services, LLC 0.04% of their portfolio | 323.1k $3.8m | Added +33.3k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 310.4k $3.6m | Added +6.0k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 299.3k $3.5m | Unchanged |
| IFP Advisors, Inc 0.08% of their portfolio | 270.5k $3.5m | Added +267.8k |
| AHL INVESTMENT MANAGEMENT, INC. 2.77% of their portfolio | 267.0k $3.1m | Added +113.4k |
| Capital Investment Advisors, LLC 0.08% of their portfolio | 230.0k $2.7m | Added +101.1k |
| GREATMARK INVESTMENT PARTNERS, INC. 0.42% of their portfolio | 216.1k $2.5m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 211.2k $2.5m | Added +17.1k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 209.7k $2.4m | Added +100.1k |
| Congress Park Capital LLC 1.36% of their portfolio | 208.0k $2.4m | Added +13.5k |
| Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio | 192.7k $2.2m | Reduced -5.4k |
| Dakota Wealth Management 0.10% of their portfolio | 186.1k $2.2m | Added +96.0k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 174.0k $2.0m | Added +4.5k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 173.5k $2.0m | Added +22.0k |
| Wakefield Asset Management LLLP 0.77% of their portfolio | 166.1k $1.9m | Added +12.9k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 148.4k $1.7m | Added +72.4k |
| Claybrook Capital, LLC 0.92% of their portfolio | 148.2k $1.7m | Unchanged |
| Carson Advisory Inc. 1.39% of their portfolio | 141.4k $1.6m | New |
| PETRA FINANCIAL ADVISORS INC 1.46% of their portfolio | 139.8k $1.6m | Reduced -940 |
| Hennion & Walsh Asset Management, Inc. 0.09% of their portfolio | 133.0k $1.6m | Reduced -97.7k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 132.3k $1.5m | First filing |
| Tortoise Investment Management, LLC 0.23% of their portfolio | 132.3k $1.5m | Added +63.8k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.19% of their portfolio | 126.8k $1.5m | Reduced -12.7k |
| PARK AVENUE SECURITIES LLC 0.02% of their portfolio | 125.4k $1.5m | Added +16.3k |
| GOODWIN DANIEL L 0.68% of their portfolio | 121.9k $1.4m | Added +7.5k |
| Matisse Capital 0.87% of their portfolio | 120.4k $1.4m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 111.2k $1.3m | Reduced -146.7k |
| Ackerman Capital Advisors, LLC 0.33% of their portfolio | 108.2k $1.3m | Added +27.5k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.01% of their portfolio | 103.8k $1.2m | Reduced -2.5k |
| Savant Capital, LLC 0.02% of their portfolio | 99.3k $1.2m | Added +430 |
| Gould Capital, LLC 0.87% of their portfolio | 98.1k $1.1m | Reduced -2.1k |
| Sea Otter Advisors LLC 0.87% of their portfolio | 97.0k $1.1m | Reduced -86.0k |
| Park Place Capital Corp 0.32% of their portfolio | 95.9k $1.1m | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 92.2k $1.1m | Added +91.2k |
| Compass Financial Group, INC/SD 0.31% of their portfolio | 89.1k $1.0m | Added +889 |
| Invesco Ltd. 0.00% of their portfolio | 86.6k $1.0m | Reduced -30.0k |
| WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV 0.37% of their portfolio | 86.4k $1.0m | Reduced -8.2k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 84.2k $981.2k | Reduced -9.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 78.0k $909.1k | New |
| Cetera Advisor Networks LLC 0.01% of their portfolio | 71.5k $833.3k | Reduced -66.3k |
| Private Advisor Group, LLC 0.01% of their portfolio | 69.7k $813.1k | Added +1.7k |
| Venture Visionary Partners LLC 0.05% of their portfolio | 66.9k $780.2k | Added +55.3k |
| LAKE STREET PRIVATE WEALTH, LLC 0.14% of their portfolio | 66.8k $778.3k | Reduced -4.8k |
| Cetera Advisors LLC 0.01% of their portfolio | 65.3k $761.4k | Added +17.2k |
| Palogic Value Management, L.P. 0.35% of their portfolio | 64.5k $752.0k | Reduced -10.0k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 64.2k $748.7k | Added +23.9k |
| ProVise Management Group, LLC 0.07% of their portfolio | 64.1k $747.3k | Reduced -1.8k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.06% of their portfolio | 63.0k $734.4k | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 62.7k $853.6k | Added +17.3k |
| Stratos Wealth Partners, LTD. 0.02% of their portfolio | 61.1k $712.9k | Added +34.7k |
| Cullen/Frost Bankers, Inc. 0.01% of their portfolio | 59.1k $689.7k | Added +5.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 57.4k $669.8k | Added +43.6k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 53.1k $619.0k | Added +15.9k |
| Cetera Investment Advisers 0.01% of their portfolio | 52.3k $609.9k | Reduced -6.1k |
| Fortitude Advisory Group L.L.C. 0.42% of their portfolio | 48.9k $569.8k | Unchanged |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 46.6k $544.0k | Added +7.9k |
| Prime Capital Investment Advisors, LLC 0.01% of their portfolio | 45.4k $529.7k | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 44.1k $514.8k | Reduced -3.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 43.8k $510.8k | Reduced -5.4k |
| Wealth Alliance Advisory Group, LLC 0.17% of their portfolio | 41.3k $481.7k | Reduced -10.0k |
| MGO ONE SEVEN LLC 0.04% of their portfolio | 40.5k $472.2k | New |
| NewEdge Advisors, LLC 0.01% of their portfolio | 40.5k $472.1k | Reduced -5.4k |
| Arete Wealth Advisors, LLC 0.04% of their portfolio | 39.5k $461.0k | Reduced -357 |
| Creative Planning 0.00% of their portfolio | 39.3k $458.6k | Added +4.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 38.6k $449.6k | New |
| Narwhal Capital Management 0.05% of their portfolio | 38.1k $444.0k | New |
| 1607 Capital Partners, LLC 0.03% of their portfolio | 37.9k $442.1k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 36.6k $426.2k | New |
| Ranch Capital Advisors Inc. 0.29% of their portfolio | 35.5k $414.4k | Reduced -252 |
| Cedar Brook Financial Partners, LLC 0.10% of their portfolio | 35.1k $409.7k | Reduced -785 |
| Kovack Advisors, Inc. 0.05% of their portfolio | 34.5k $402.4k | Reduced -11.5k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.01% of their portfolio | 34.3k $399.8k | Reduced -201 |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 33.1k $386.4k | Reduced -800 |
| Wellspring Financial Advisors, LLC 0.11% of their portfolio | 32.8k $382.1k | Added +21.7k |