Nuveen AMT-Free Municipal Credit Income Fund
245 hedge funds and large institutions have $526M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2024 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 79 increasing their positions, 72 reducing their positions, and 28 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 72
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.76% less ownership
Funds ownership: 20.53% → 19.76% (-0.76%)
2% less capital invested
Capital invested by funds: $535M → $526M (-$9.41M)
3% less funds holding
Funds holding: 253 → 245 (-8)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$18.8M |
| 2 |
Morgan Stanley
New York
|
+$2.46M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.71M |
| 4 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$1.46M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$13.4M |
| 2 |
SCM
Saba Capital Management
New York
|
-$10M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$6.2M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$3.8M |
| 5 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$3.76M |
NVG Hedge Fund Activity: Q2 2024 in Review
245 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2024, worth a combined $526M — down 1.8% from $535M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of NVG and 23 opened new positions — a net loss of 5 holders — while 72 trimmed existing stakes and 79 added.
The largest buyer was Mackay Shields LLC, adding an estimated $18.8M. The largest seller was Logan Stone Capital, cutting an estimated $13.4M.
- 245 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2024, down from 253 in Q1 2024.
- Funds reported $526M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2024, down 1.8% quarter-over-quarter.
- 23 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2024 and 28 closed out, a net change of -5 holders.
- The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2024 was Mackay Shields LLC, an estimated $18.8M added.
- The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2024 was Logan Stone Capital, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2024.