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Nuveen AMT-Free Municipal Credit Income Fund

240 hedge funds and large institutions have $426M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 73 increasing their positions, 86 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.85% more ownership

Funds ownership: 17.46%19.31% (+1.9%)

2% less capital invested

Capital invested by funds: $436M → $426M (-$10.6M)

5% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 22

1% less funds holding

Funds holding: 243240 (-3)

15% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 86

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
240
Holders Change
-3
Holders Change %
-1.23%
% of All Funds
3.81%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.08%
New
21
Increased
73
Reduced
86
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MPWT
226
MassMutual Private Wealth & Trust
Connecticut
$9.45K
FMB
227
Field & Main Bank
Kentucky
$8.93K
HGERS
228
Householder Group Estate & Retirement Specialist
Arizona
$8.66K +$9.46K +839 New
CSPIA
229
Cary Street Partners Investment Advisory
Virginia
$7.94K
CBT
230
CoreFirst Bank & Trust
Kansas
$6.34K
MRCM
231
M&R Capital Management
New Jersey
$6.23K
PFA
232
Pathway Financial Advisers
Indiana
$3.24K +$3.54K +314 New
GRP
233
Global Retirement Partners
California
$2.85K +$56 +5 +2%
AWM
234
Avior Wealth Management
Nebraska
$2.65K +$34 +3 +1%
DWMG
235
DB Wealth Management Group
California
$1.19K +$1.3K +115 New
AWM
236
Ameliora Wealth Management
Switzerland
$1.03K
TRCT
237
Tower Research Capital (TRC)
New York
$433 +$473 +42 New
RWPA
238
Richard W. Paul & Associates
Michigan
$21
Fidelity Investments
239
Fidelity Investments
Massachusetts
$12
HFRG
240
Houlihan Financial Resource Group
Virginia
-$1.82M -156,407 Closed
Susquehanna International Group
241
Susquehanna International Group
Pennsylvania
-$1.07M -91,705 Closed
PWA
242
Physician Wealth Advisors
Utah
-$316K -26,822 Closed
VVP
243
Venture Visionary Partners
Ohio
-$229K -19,531 Closed
CFG
244
Carr Financial Group
Massachusetts
-$223K -19,025 Closed
MML Investors Services
245
MML Investors Services
Massachusetts
-$164K -14,001 Closed
SFA
246
Sequoia Financial Advisors
Ohio
-$148K -12,672 Closed
VF
247
Virtu Financial
New York
-$140K -11,958 Closed
WFA
248
WMG Financial Advisors
Tennessee
-$140K -11,931 Closed
PFGIA
249
Patriot Financial Group Insurance Agency
Massachusetts
-$135K -11,544 Closed
Financial Engines Advisors
250
Financial Engines Advisors
California
-$131K -11,196 Closed

NVG Hedge Fund Activity: Q3 2023 in Review

240 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q3 2023, worth a combined $426M — down 2.4% from $436M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of NVG and 21 opened new positions — a net loss of 1 holder — while 86 trimmed existing stakes and 73 added.

The largest buyer was Saba Capital Management, adding an estimated $13.5M. The largest seller was Sit Investment Associates, cutting an estimated $3.84M.

  • 240 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q3 2023, down from 243 in Q2 2023.
  • Funds reported $426M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q3 2023, down 2.4% quarter-over-quarter.
  • 21 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q3 2023 and 22 closed out, a net change of -1 holder.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q3 2023 was Saba Capital Management, an estimated $13.5M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q3 2023 was Sit Investment Associates, an estimated $3.84M sold.

Based on aggregated 13F filings for Q3 2023.