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Nuveen AMT-Free Municipal Credit Income Fund

250 hedge funds and large institutions have $364M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2022 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 57 increasing their positions, 82 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 36

26% more capital invested

Capital invested by funds: $289M → $364M (+$74.6M)

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

5% more funds holding

Funds holding: 239250 (+11)

2.51% more ownership

Funds ownership: 11.58%14.08% (+2.5%)

30% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 82

Holders
250
Holders Change
+11
Holders Change %
+4.6%
% of All Funds
4.02%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
52
Increased
57
Reduced
82
Closed
36
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCA
76
Ranch Capital Advisors
Florida
$635K -$16.5K -1,404 -3%
OIA
77
OneDigital Investment Advisors
Kansas
$630K -$11.7K -994 -2%
PCIA
78
Prime Capital Investment Advisors
Kansas
$623K +$602K +51,300 New
Bank of Montreal
79
Bank of Montreal
Ontario, Canada
$612K +$544K +46,349 New
IWA
80
IBEX Wealth Advisors
New Jersey
$610K -$38.5K -3,281 -6%
BCMIO
81
Beacon Capital Management Inc (Ohio)
Ohio
$607K
NA
82
NewEdge Advisors
Louisiana
$603K -$62.3K -5,310 -9%
MPW
83
Melone Private Wealth
Michigan
$592K +$85.7K +7,300 +18%
BRWA
84
B. Riley Wealth Advisors
Florida
$583K -$134K -11,399 -19%
SEIA
85
Signature Estate & Investment Advisors
California
$579K +$560K +47,697 New
Carson Wealth (CWM LLC)
86
Carson Wealth (CWM LLC)
Nebraska
$573K -$80.5K -6,854 -13%
Fifth Third Bancorp
87
Fifth Third Bancorp
Ohio
$541K -$45.1K -3,843 -8%
Envestnet Asset Management
88
Envestnet Asset Management
Illinois
$539K -$19.1K -1,630 -4%
FFA
89
Founders Financial Alliance
North Carolina
$539K -$42.9K -3,653 -8%
IWC
90
Integrated Wealth Concepts
Massachusetts
$526K -$75K -6,386 -13%
SPIA
91
Steward Partners Investment Advisory
New York
$501K -$1.09M -92,981 -69%
CIAS
92
Capital Investment Advisory Services
North Carolina
$487K -$75.1K -6,400 -14%
EW
93
Element Wealth
Mississippi
$487K +$1.54K +131 +0.3%
DC
94
Davenport & Co
Virginia
$480K -$103K -8,737 -18%
CCWA
95
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$471K -$134K -11,453 -23%
BAM
96
Belpointe Asset Management
Nevada
$468K +$73.3K +6,244 +19%
PS
97
Portfolio Strategies
New York
$462K +$376 +32 +0.1%
IAN
98
Integrated Advisors Network
Texas
$459K +$443K +37,773 New
VVP
99
Venture Visionary Partners
Ohio
$456K -$71.3K -6,071 -14%
VF
100
Virtu Financial
New York
$425K +$411K +35,004 New

NVG Hedge Fund Activity: Q4 2022 in Review

250 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q4 2022, worth a combined $364M — up 26% from $289M a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new NVG positions and 36 closed out — a net gain of 16 holders — while 57 added to existing stakes and 82 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $12.3M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $4.42M.

  • 250 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q4 2022, up from 239 in Q3 2022.
  • Funds reported $364M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q4 2022, up 26% quarter-over-quarter.
  • 52 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q4 2022 and 36 closed out, a net change of +16 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q4 2022 was Rivernorth Capital Management, an estimated $12.3M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q4 2022 was Raymond James Financial Services Advisors, an estimated $4.42M sold.

Based on aggregated 13F filings for Q4 2022.