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Nuveen AMT-Free Municipal Credit Income Fund

242 hedge funds and large institutions have $397M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2021 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 86 increasing their positions, 52 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 52

0% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 23

0.32% less ownership

Funds ownership: 11.29%10.96% (-0.32%)

2% less capital invested

Capital invested by funds: $405M → $397M (-$7.83M)

1% less funds holding

Funds holding: 245242 (-3)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
242
Holders Change
-3
Holders Change %
-1.22%
% of All Funds
4.25%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
23
Increased
86
Reduced
52
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KA
76
Kercheville Advisors
Texas
$676K
DC
77
Davenport & Co
Virginia
$672K +$2.94K +176 +0.4%
EW
78
Element Wealth
Mississippi
$665K +$1.1K +66 +0.2%
PCTC
79
Perkins Coie Trust Company
Washington
$633K
BCM
80
Breiter Capital Management
Florida
$625K
RJT
81
Raymond James Trust
Florida
$584K -$49.8K -2,986 -8%
MC
82
Moors & Cabot
Massachusetts
$569K +$226K +13,555 +68%
HighTower Advisors
83
HighTower Advisors
Illinois
$566K +$161K +9,622 +40%
PCM
84
Parsons Capital Management
Rhode Island
$563K +$556K +33,305 New
OPS
85
Orion Portfolio Solutions
Nebraska
$551K
WDG
86
Wealth Dimensions Group
Ohio
$529K
CFB
87
Cullen/Frost Bankers
Texas
$523K +$142K +8,532 +38%
AFC
88
AFT Forsyth & Company
Florida
$506K
US Bancorp
89
US Bancorp
Minnesota
$495K -$85.3K -5,110 -15%
HA
90
HYA Advisors
Missouri
$490K +$8.35K +500 +2%
KPWS
91
Kestra Private Wealth Services
Texas
$485K +$85.1K +5,100 +22%
IFG
92
Independent Financial Group
California
$477K -$209K -12,544 -31%
APW
93
Aurora Private Wealth
New Jersey
$454K -$35.5K -2,124 -7%
PWA
94
Physician Wealth Advisors
Utah
$454K
SFS
95
Sowell Financial Services
Arkansas
$451K +$341K +20,420 +368%
NCM
96
Next Capital Management
New York
$443K +$3.37K +202 +0.8%
KeyBank National Association
97
KeyBank National Association
Ohio
$439K +$254K +15,244 +142%
TW
98
TrinityPoint Wealth
Connecticut
$436K +$60.3K +3,614 +16%
CIBC Private Wealth Group
99
CIBC Private Wealth Group
Georgia
$413K +$408K +24,415 New
AAS
100
Avantax Advisory Services
Texas
$412K +$28.2K +1,689 +7%

NVG Hedge Fund Activity: Q1 2021 in Review

242 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q1 2021, worth a combined $397M — down 1.9% from $405M a quarter earlier.

Fund positioning in NVG was balanced in Q1 2021: 23 funds opened new positions, 23 closed out, 86 added to existing stakes and 52 trimmed.

The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $3.32M. The largest seller was Morgan Stanley, cutting an estimated $6.7M.

  • 242 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q1 2021, down from 245 in Q4 2020.
  • Funds reported $397M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q1 2021, down 1.9% quarter-over-quarter.
  • 23 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q1 2021 and 23 closed out, a net change of 0 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q1 2021 was Parametric Portfolio Associates, an estimated $3.32M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q1 2021 was Morgan Stanley, an estimated $6.7M sold.

Based on aggregated 13F filings for Q1 2021.