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Nuveen AMT-Free Municipal Credit Income Fund

172 hedge funds and large institutions have $316M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2017 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 48 increasing their positions, 37 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 12

30% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 37

6% more funds holding

Funds holding: 163172 (+9)

0.32% less ownership

Funds ownership: 10.4%10.08% (-0.32%)

1% less capital invested

Capital invested by funds: $320M → $316M (-$4.71M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
172
Holders Change
+9
Holders Change %
+5.52%
% of All Funds
4.29%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
23
Increased
48
Reduced
37
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SLA
26
Silver Lake Advisory
Utah
$2.71M -$98.2K -6,351 -3%
Bank of America
27
Bank of America
North Carolina
$2.64M -$120K -7,756 -4%
Bessemer Group
28
Bessemer Group
New Jersey
$2.35M -$309K -20,000 -12%
PA
29
Pinnacle Associates
New York
$2.12M +$17.2K +1,115 +0.8%
USAA
30
United Services Automobile Association
Texas
$2.07M
Koshinski Asset Management
31
Koshinski Asset Management
Illinois
$2M +$39.8K +2,573 +2%
AG
32
Advisor Group
Arizona
$2M -$38.6K -2,498 -2%
IA
33
IFP Advisors
Florida
$1.95M +$83.4K +5,393 +4%
TCM
34
Tradewinds Capital Management
Washington
$1.79M
BTS
35
BB&T Securities
Virginia
$1.66M +$314K +20,319 +23%
Cambridge Investment Research Advisors
36
Cambridge Investment Research Advisors
Iowa
$1.63M -$546K -35,305 -25%
LTFS
37
Ladenburg Thalmann Financial Services
Florida
$1.61M +$173K +11,157 +12%
IWA
38
IBEX Wealth Advisors
New Jersey
$1.51M +$134K +8,636 +10%
VC
39
Vicus Capital
Pennsylvania
$1.47M -$61.8K -3,997 -4%
ICA
40
Infrastructure Capital Advisors
New York
$1.23M
First Trust Advisors
41
First Trust Advisors
Illinois
$1.07M +$41.4K +2,679 +4%
BKA
42
Brick & Kyle Associates
Pennsylvania
$1.06M +$90.6K +5,862 +9%
NPC
43
National Planning Corporation
California
$1.03M -$2.6K -168 -0.2%
CIBC Private Wealth Group
44
CIBC Private Wealth Group
Georgia
$1.03M
YP
45
Yellowstone Partners
Idaho
$961K +$965K +62,442 New
SMC
46
Smith, Moore & Co
Missouri
$947K +$115K +7,463 +14%
TIM
47
Tortoise Investment Management
New York
$934K -$71.8K -4,645 -7%
DA
48
Doliver Advisors
Texas
$894K +$480K +31,072 +115%
SPC
49
Sigma Planning Corp
Michigan
$852K +$183K +11,833 +27%
SFA
50
Sequoia Financial Advisors
Ohio
$849K

NVG Hedge Fund Activity: Q3 2017 in Review

172 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q3 2017, worth a combined $316M — down 1.5% from $320M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new NVG positions and 12 closed out — a net gain of 11 holders — while 48 added to existing stakes and 37 trimmed.

The largest buyer was Parametric Portfolio Associates, adding an estimated $8.74M. The largest seller was Wells Fargo, cutting an estimated $10.2M.

  • 172 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q3 2017, up from 163 in Q2 2017.
  • Funds reported $316M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q3 2017, down 1.5% quarter-over-quarter.
  • 23 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q3 2017 and 12 closed out, a net change of +11 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q3 2017 was Parametric Portfolio Associates, an estimated $8.74M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q3 2017 was Wells Fargo, an estimated $10.2M sold.

Based on aggregated 13F filings for Q3 2017.