Nuveen AMT-Free Municipal Credit Income Fund
249 hedge funds and large institutions have $414M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2021 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 73 increasing their positions, 55 reducing their positions, and 19 closing their positions.
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
33% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 55
3% more funds holding
Funds holding: 242 → 249 (+7)
4% more capital invested
Capital invested by funds: $397M → $414M (+$16.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.15% less ownership
Funds ownership: 10.96% → 10.81% (-0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$5.16M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.43M |
| 3 |
VanEck Associates
New York
|
+$1.36M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.22M |
| 5 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
+$799K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.74M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.72M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.08M |
| 4 |
WTB
Washington Trust Bank
Spokane,
Washington
|
-$2.42M |
| 5 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
-$2.35M |
NVG Hedge Fund Activity: Q2 2021 in Review
249 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2021, worth a combined $414M — up 4.2% from $397M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new NVG positions and 19 closed out — a net gain of 8 holders — while 73 added to existing stakes and 55 trimmed.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $5.16M. The largest seller was Morgan Stanley, cutting an estimated $5.74M.
- 249 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2021, up from 242 in Q1 2021.
- Funds reported $414M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2021, up 4.2% quarter-over-quarter.
- 27 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2021 and 19 closed out, a net change of +8 holders.
- The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2021 was Hennion & Walsh Asset Management, an estimated $5.16M added.
- The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2021 was Morgan Stanley, an estimated $5.74M sold.
Based on aggregated 13F filings for Q2 2021.