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Nuveen AMT-Free Municipal Credit Income Fund

243 hedge funds and large institutions have $436M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 88 increasing their positions, 56 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 56

13% more capital invested

Capital invested by funds: $384M → $436M (+$51.8M)

1.92% more ownership

Funds ownership: 15.53%17.46% (+1.9%)

3% less funds holding

Funds holding: 250243 (-7)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

15% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 27

Holders
243
Holders Change
-7
Holders Change %
-2.8%
% of All Funds
3.82%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.09%
New
23
Increased
88
Reduced
56
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MSWM
76
McGlone Suttner Wealth Management
Wisconsin
$677K -$195K -16,741 -22%
NA
77
NewEdge Advisors
Louisiana
$651K +$3.72K +320 +0.6%
CPC
78
Congress Park Capital
New York
$644K +$29K +2,500 +5%
Bank of Montreal
79
Bank of Montreal
Ontario, Canada
$634K +$35K +3,008 +7%
Koshinski Asset Management
80
Koshinski Asset Management
Illinois
$631K +$627K +53,966 New
PCIA
81
Prime Capital Investment Advisors
Kansas
$614K +$610K +52,510 New
RCA
82
Ranch Capital Advisors
Florida
$608K -$4.21K -362 -0.7%
OIA
83
OneDigital Investment Advisors
Kansas
$608K +$58 +5 +0%
IWC
84
Integrated Wealth Concepts
Massachusetts
$584K +$60.3K +5,189 +12%
FFA
85
Founders Financial Alliance
North Carolina
$569K -$4.36K -375 -0.8%
SEIA
86
Signature Estate & Investment Advisors
California
$561K +$3.01K +259 +0.5%
Envestnet Asset Management
87
Envestnet Asset Management
Illinois
$531K +$166K +14,265 +46%
Fifth Third Bancorp
88
Fifth Third Bancorp
Ohio
$522K
OC
89
Oppenheimer & Co
New York
$514K +$299K +25,696 +141%
First Trust Advisors
90
First Trust Advisors
Illinois
$503K -$83.9K -7,220 -14%
CAN
91
Cetera Advisor Networks
California
$499K -$786K -67,627 -61%
CCWA
92
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$489K
PFS
93
Prospera Financial Services
Texas
$470K
CIAS
94
Capital Investment Advisory Services
North Carolina
$469K
EW
95
Element Wealth
Mississippi
$469K -$12 -1 -0%
DADC
96
D.A. Davidson & Co
Montana
$446K +$88.3K +7,600 +25%
IAN
97
Integrated Advisors Network
Texas
$442K
PS
98
Portfolio Strategies
New York
$438K -$8.68K -747 -2%
TIM
99
Tortoise Investment Management
New York
$426K +$85.1K +7,320 +25%
MC
100
Mathes Company
New York
$421K +$418K +36,000 New

NVG Hedge Fund Activity: Q2 2023 in Review

243 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2023, worth a combined $436M — up 13% from $384M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NVG and 23 opened new positions — a net loss of 4 holders — while 56 trimmed existing stakes and 88 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $17.9M. The largest seller was Guggenheim Capital, cutting an estimated $7.97M.

  • 243 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2023, down from 250 in Q1 2023.
  • Funds reported $436M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2023, up 13% quarter-over-quarter.
  • 23 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2023 and 27 closed out, a net change of -4 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2023 was Rivernorth Capital Management, an estimated $17.9M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2023 was Guggenheim Capital, an estimated $7.97M sold.

Based on aggregated 13F filings for Q2 2023.