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Nuveen AMT-Free Municipal Credit Income Fund

173 hedge funds and large institutions have $285M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 44 increasing their positions, 45 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.18% less ownership

Funds ownership: 9.84%9.66% (-0.18%)

2% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 45

4% less funds holding

Funds holding: 180173 (-7)

8% less capital invested

Capital invested by funds: $309M → $285M (-$24.6M)

27% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 22

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
173
Holders Change
-7
Holders Change %
-3.89%
% of All Funds
3.96%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
16
Increased
44
Reduced
45
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AFC
51
AFT Forsyth & Company
Florida
$733K +$317K +21,500 +74%
SWP
52
Stratos Wealth Partners
Ohio
$732K +$80.2K +5,447 +12%
SFS
53
Sowell Financial Services
Arkansas
$713K
ASN
54
Advisory Services Network
Georgia
$713K +$147 +10 +0%
BFEC
55
Benjamin F. Edwards & Company
Missouri
$703K -$28.5K -1,937 -4%
6M
56
6 Meridian
Kansas
$689K -$2.33M -158,346 -77%
OIA
57
OneDigital Investment Advisors
Kansas
$663K
PNC Financial Services Group
58
PNC Financial Services Group
Pennsylvania
$646K -$91.9K -6,240 -12%
NL
59
NWAM LLC
Washington
$639K +$257K +17,448 +66%
CRC
60
Curi RMB Capital
Illinois
$638K +$402K +27,311 +164%
FNFDCM
61
Folger Nolan Fleming Douglas Capital Management
District of Columbia
$623K
UCFA
62
United Capital Financial Advisors
Texas
$601K +$184K +12,518 +43%
DC
63
Davenport & Co
Virginia
$593K
Janney Montgomery Scott
64
Janney Montgomery Scott
Pennsylvania
$569K -$17.1K -1,160 -3%
PCM
65
Pointe Capital Management
Michigan
$530K
Fifth Third Bancorp
66
Fifth Third Bancorp
Ohio
$525K -$58.1K -3,946 -10%
ACA
67
Ackerman Capital Advisors
Texas
$525K
US Bancorp
68
US Bancorp
Minnesota
$500K
CCWA
69
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$490K
HCC
70
Hirtle Callaghan & Co
Pennsylvania
$481K
Northern Trust
71
Northern Trust
Illinois
$481K
PAG
72
Private Advisor Group
New Jersey
$473K -$26.6K -1,807 -5%
RJT
73
Raymond James Trust
Florida
$469K
KJWM
74
Kiley Juergens Wealth Management
Washington
$468K
SEI Investments
75
SEI Investments
Pennsylvania
$453K -$2.18M -147,807 -83%

NVG Hedge Fund Activity: Q1 2018 in Review

173 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q1 2018, worth a combined $285M — down 8% from $309M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of NVG and 16 opened new positions — a net loss of 6 holders — while 45 trimmed existing stakes and 44 added.

The largest buyer was Morgan Stanley, adding an estimated $4.57M. The largest seller was Wells Fargo, cutting an estimated $6.79M.

  • 173 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q1 2018, down from 180 in Q4 2017.
  • Funds reported $285M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q1 2018, down 8% quarter-over-quarter.
  • 16 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q1 2018 and 22 closed out, a net change of -6 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q1 2018 was Morgan Stanley, an estimated $4.57M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q1 2018 was Wells Fargo, an estimated $6.79M sold.

Based on aggregated 13F filings for Q1 2018.