Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nuveen Mun Cr Income Fd (NZF)

233 + Investors. Track Smart Money conviction in NZF. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
56%

Smart Money Signals — NZF

Based on 233 hedge funds · latest filing: 2026 Q1 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
233 funds currently hold this stock — 91% of the 3.0-year high of 257 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding NZF is almost the same as a year ago (-6 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 56% buying

110 buying87 selling
Last quarter: 110 funds bought or added vs 87 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~29 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 25 → 23 → 32 → 29. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 20% medium ■ 17% new
146 out of 233 hedge funds have held NZF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

20 → 25 → 23 → 32 → 29 new funds/Q
New funds entering each quarter: 25 → 23 → 32 → 29. A growing number of institutions are discovering NZF each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 65% veterans vs 19% newcomers

■ 65% veterans ■ 15% 1-2yr ■ 19% new
Entry-cohort mix of 233 holders: 152 (65%) are 2+ year veterans, 36 entered 1–2 years ago, and 45 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
20 of 233 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in NZF. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NZF

In 2026 Q1, 110 hedge funds were net buyers of NZF (29 opened a new position, 81 added to an existing one), while 87 reduced or exited (58 trimmed, 29 sold completely) — a 56% buyer ratio, indicating a slight buying edge. 42% of total institutional value in NZF is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 233.

Hedge Fund Ownership: NZF

How many hedge funds hold NZF — quarterly history vs. share price
Quarterly hedge fund ownership of NZF vs. share price

Market Analysis: NZF

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NZF

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Nuveen Mun Cr Income Fd (NZF) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NZF has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
NZF
+4.3%
XLF
+9.5%

NZF outperformed XLF by -5.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
NZF
+3.0%
XLF
+5.8%

Since the filing became public, NZF outperformed XLF by -2.8% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: NZF
233 + Investors

Track Smart Money conviction in NZF. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 233 233 -
13F Shares 31M 33M -5.92%
Total Value $362M $421M -14.02%
New Positions 29 32 -3
Increased Positions 81 80 +1
Closed Positions 29 29 -
Reduced Positions 58 62 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NZF

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Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

233 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NZF. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NZF holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Melone Private Wealth, LLC 4.25% 855,182 $10.4M
2 Congress Park Capital LLC 1.64% 437,500 $5.3M
3 Gridiron Partners, LLC 1.22% 163,501 $2.0M
4 Petra Financial Advisors Inc 0.89% 118,308 $1.4M
5 Carson Advisory Inc. 0.85% 134,230 $1.6M
6 Westview Management dba Westview Investment Advisors 0.74% 117,151 $1.4M
7 McGowan Group Asset Management, Inc. 0.72% 466,674 $5.7M
8 Lake Street Private Wealth, LLC 0.57% 366,950 $4.5M
9 Hennion & Walsh Asset Management, Inc. 0.56% 1,355,685 $16.5M
10 Wealth Care LLC 0.54% 50,000 $609K
11 Wakefield Asset Management LLLP 0.53% 163,819 $2.0M
12 Primoris Wealth Advisors, LLC 0.52% 60,755 $740K
13 Gould Capital, LLC 0.51% 69,591 $848K
14 Greatmark Investment Partners, INC. 0.45% 316,300 $3.9M
15 FF Advisors,LLC 0.45% 87,495 $1.1M
16 Closed-End Fund Advisors, Inc. 0.44% 35,149 $428K
17 Summit Financial Consulting LLC 0.35% 39,901 $486K
18 Kim, LLC 0.31% 250,000 $3.0M
19 Whipplewood Advisors, LLC 0.29% 46,383 $565K
20 Fortitude Advisory Group L.L.C. 0.29% 53,136 $647K
21 Compass Financial Group, INC/SD 0.28% 164,004 $2.0M
22 Edgemoor Investment Advisors, Inc. 0.27% 284,883 $3.5M
23 Renasant Bank 0.24% 28,300 $345K
24 Wealth Alliance Advisory Group, LLC 0.21% 111,485 $1.4M
25 Palogic Value Management, L.P. 0.21% 41,710 $508K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Nuveen Mun Cr Income Fd (NZF)

What does the Smart Money Trend signal show for NZF?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for NZF?

Slight buying edge — 56% buying: Last quarter: 110 funds bought or added vs 87 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NZF holders?

Elite ownership — 42% AUM from top-100 funds: 20 of 233 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in NZF. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NZF?

63% of holders stayed for 2+ years: 146 out of 233 hedge funds have held NZF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Nuveen Mun Cr Income Fd (NZF) following the 2026 Q1 hedge fund 13F filings?

As of today, NZF has moved +3.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of -2.8%. Since the quarter end (March 31, 2026), NZF has gained +4.3% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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