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Nuveen AMT-Free Municipal Credit Income Fund

218 hedge funds and large institutions have $391M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2020 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 72 increasing their positions, 46 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 46

5% more capital invested

Capital invested by funds: $371M → $391M (+$20M)

0.09% more ownership

Funds ownership: 11.82%11.91% (+0.09%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

8% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 24

2% less funds holding

Funds holding: 222218 (-4)

Holders
218
Holders Change
-4
Holders Change %
-1.8%
% of All Funds
4.47%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
22
Increased
72
Reduced
46
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CA
76
Cetera Advisors
Colorado
$574K +$13.7K +937 +3%
SWP
77
Stratos Wealth Partners
Ohio
$567K +$15.8K +1,078 +3%
BCM
78
Breiter Capital Management
Florida
$565K
SPIA
79
Steward Partners Investment Advisory
New York
$542K +$1.67K +114 +0.3%
CAN
80
Cetera Advisor Networks
California
$529K +$4.37K +298 +0.9%
APW
81
Aurora Private Wealth
New Jersey
$514K -$258K -17,572 -34%
EW
82
Evoke Wealth
California
$495K
LCM
83
Landscape Capital Management
New Jersey
$466K -$2.87M -195,461 -87%
AFC
84
AFT Forsyth & Company
Florida
$458K
PCM
85
Poehling Capital Management
Wisconsin
$458K
IFG
86
Independent Financial Group
California
$450K +$148K +10,081 +52%
Bank of New York Mellon
87
Bank of New York Mellon
New York
$441K -$105K -7,173 -20%
PWA
88
Physician Wealth Advisors
Utah
$436K
US Bancorp
89
US Bancorp
Minnesota
$435K +$91.3K +6,220 +28%
HighTower Advisors
90
HighTower Advisors
Illinois
$430K +$26.5K +1,805 +7%
KP
91
Keel Point
Alabama
$424K
UCFA
92
United Capital Financial Advisors
Texas
$421K -$18K -1,224 -4%
HA
93
HYA Advisors
Missouri
$420K -$14.7K -1,000 -4%
CCFM
94
Clear Creek Financial Management
Washington
$405K +$3.14K +214 +0.8%
NCM
95
Next Capital Management
New York
$393K +$2.26K +154 +0.6%
AAS
96
Avantax Advisory Services
Texas
$355K -$3.2K -218 -0.9%
CSA
97
Cottage Street Advisors
Massachusetts
$345K
CFB
98
Cullen/Frost Bankers
Texas
$342K
FFA
99
First Foundation Advisors
California
$340K +$20.9K +1,423 +7%
JCM
100
Janney Capital Management
Pennsylvania
$338K

NVG Hedge Fund Activity: Q2 2020 in Review

218 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2020, worth a combined $391M — up 5.4% from $371M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of NVG and 22 opened new positions — a net loss of 2 holders — while 46 trimmed existing stakes and 72 added.

The largest buyer was Guggenheim Capital, adding an estimated $15.4M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $15.8M sold.

  • 218 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2020, down from 222 in Q1 2020.
  • Funds reported $391M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2020, up 5.4% quarter-over-quarter.
  • 22 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2020 and 24 closed out, a net change of -2 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2020 was Guggenheim Capital, an estimated $15.4M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2020 was Karpus Investment Management, an estimated $15.8M sold.

Based on aggregated 13F filings for Q2 2020.