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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
BFEC
51
Benjamin F. Edwards & Company
Missouri
$842K +$19.9K +1,285 +2%
SCM
52
Sterneck Capital Management
Missouri
$796K -$230K -14,890 -22%
ASN
53
Advisory Services Network
Georgia
$786K +$68.3K +4,420 +9%
PNC Financial Services Group
54
PNC Financial Services Group
Pennsylvania
$781K
OFG
55
OTA Financial Group
New York
$751K +$755K +48,853 New
CCG
56
Ceeto Capital Group
Florida
$728K +$728K +47,053 New
Carson Wealth (CWM LLC)
57
Carson Wealth (CWM LLC)
Nebraska
$727K +$730K +47,213 New
PAG
58
Private Advisor Group
New Jersey
$722K -$12.6K -818 -2%
Fifth Third Bancorp
59
Fifth Third Bancorp
Ohio
$715K +$108K +7,000 +18%
JMPWA
60
JP Morgan Private Wealth Advisors
California
$704K +$26.7K +1,727 +4%
OIA
61
OneDigital Investment Advisors
Kansas
$703K
SWP
62
Stratos Wealth Partners
Ohio
$692K -$16.2K -1,046 -2%
FNFDCM
63
Folger Nolan Fleming Douglas Capital Management
District of Columbia
$661K -$7.44K -481 -1%
DC
64
Davenport & Co
Virginia
$629K -$89.3K -5,775 -12%
NL
65
NWAM LLC
Washington
$605K +$50.4K +3,258 +9%
PCM
66
Pointe Capital Management
Michigan
$595K
Northern Trust
67
Northern Trust
Illinois
$549K +$53.8K +3,477 +11%
FFA
68
First Foundation Advisors
California
$530K -$3.77M -244,061 -88%
US Bancorp
69
US Bancorp
Minnesota
$530K
CCWA
70
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$520K
HCC
71
Hirtle Callaghan & Co
Pennsylvania
$510K
RJT
72
Raymond James Trust
Florida
$498K
Janney Montgomery Scott
73
Janney Montgomery Scott
Pennsylvania
$498K +$126K +8,160 +34%
TNBTD
74
Trustmark National Bank Trust Department
Mississippi
$460K
PHIMC
75
Private Harbour Investment Management & Counsel
Ohio
$440K

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.