Nuveen AMT-Free Municipal Credit Income Fund
58 hedge funds and large institutions have $93.6M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
2% more funds holding
Funds holding: 57 → 58 (+1)
0.28% less ownership
Funds ownership: 22.24% → 21.96% (-0.28%)
1% less capital invested
Capital invested by funds: $94.6M → $93.6M (-$1.07M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.71M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$980K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$866K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$786K |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$438K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$5.46M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.05M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.17M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$966K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$910K |
NVG Hedge Fund Activity: Q4 2014 in Review
58 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q4 2014, worth a combined $93.6M — down 1.1% from $94.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NVG positions and 9 closed out — a net gain of 3 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Wells Fargo, adding an estimated $7.71M. The largest seller was Bulldog Investors, exiting entirely with an estimated $5.46M sold.
- 58 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q4 2014, up from 57 in Q3 2014.
- Funds reported $93.6M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q4 2014, down 1.1% quarter-over-quarter.
- 12 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q4 2014 and 9 closed out, a net change of +3 holders.
- The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q4 2014 was Wells Fargo, an estimated $7.71M added.
- The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q4 2014 was Bulldog Investors, an estimated $5.46M sold.
Based on aggregated 13F filings for Q4 2014.