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Nuveen AMT-Free Municipal Credit Income Fund

243 hedge funds and large institutions have $436M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 88 increasing their positions, 56 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 56

13% more capital invested

Capital invested by funds: $384M → $436M (+$51.8M)

1.92% more ownership

Funds ownership: 15.53%17.46% (+1.9%)

3% less funds holding

Funds holding: 250243 (-7)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

15% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 27

Holders
243
Holders Change
-7
Holders Change %
-2.8%
% of All Funds
3.82%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.09%
New
23
Increased
88
Reduced
56
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VFA
251
Valeo Financial Advisors
Indiana
-$200K -17,000 Closed
FLPIM
252
F.L. Putnam Investment Management
Massachusetts
-$195K -16,573 Closed
BWS
253
Buck Wealth Strategies
Colorado
-$175K -14,859 Closed
SWM
254
SeaCrest Wealth Management
New York
-$174K -14,794 Closed
PAM
255
Peak Asset Management
Colorado
-$160K -13,620 Closed
RCG
256
Regatta Capital Group
California
-$155K -12,735 Closed
IIM
257
InTrack Investment Management
Vermont
-$139K -11,800 Closed
Nomura Holdings
258
Nomura Holdings
Japan
-$118K -10,000 Closed
PCM
259
Pointe Capital Management
Michigan
-$111K -9,440 Closed
ASN
260
Advisory Services Network
Georgia
-$96.5K -8,193 Closed
SSB
261
Sandy Spring Bank
Maryland
-$29.4K -2,500 Closed
NL
262
NVWM LLC
Pennsylvania
-$25K -2,118 Closed
AFG
263
Albion Financial Group
Utah
-$22.7K -1,925 Closed
MFG
264
Mendota Financial Group
Wisconsin
-$23.5K -1,591 Closed
WP
265
WealthPLAN Partners
Nebraska
-$17.3K -1,468 Closed
WT
266
Washington Trust
Rhode Island
-$15.3K -1,300 Closed
BAM
267
Bellevue Asset Management
Washington
-$11.4K -969 Closed
AAS
268
Ameritas Advisory Services
Nebraska
-$11.3K -962 Closed
SCA
269
Stonebridge Capital Advisors
Minnesota
-$11K -936 Closed

NVG Hedge Fund Activity: Q2 2023 in Review

243 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2023, worth a combined $436M — up 13% from $384M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NVG and 23 opened new positions — a net loss of 4 holders — while 56 trimmed existing stakes and 88 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $17.9M. The largest seller was Guggenheim Capital, cutting an estimated $7.97M.

  • 243 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2023, down from 250 in Q1 2023.
  • Funds reported $436M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2023, up 13% quarter-over-quarter.
  • 23 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2023 and 27 closed out, a net change of -4 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2023 was Rivernorth Capital Management, an estimated $17.9M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2023 was Guggenheim Capital, an estimated $7.97M sold.

Based on aggregated 13F filings for Q2 2023.