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Nuveen AMT-Free Municipal Credit Income Fund

240 hedge funds and large institutions have $426M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 73 increasing their positions, 86 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.85% more ownership

Funds ownership: 17.46%19.31% (+1.9%)

2% less capital invested

Capital invested by funds: $436M → $426M (-$10.6M)

5% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 22

1% less funds holding

Funds holding: 243240 (-3)

15% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 86

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
240
Holders Change
-3
Holders Change %
-1.23%
% of All Funds
3.81%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.08%
New
21
Increased
73
Reduced
86
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RB
76
Richmond Brothers
Michigan
$591K -$57.6K -5,115 -8%
SEIA
77
Signature Estate & Investment Advisors
California
$570K +$82.9K +7,352 +15%
OIA
78
OneDigital Investment Advisors
Kansas
$535K +$45 +4 +0%
Koshinski Asset Management
79
Koshinski Asset Management
Illinois
$523K -$36.4K -3,234 -6%
PNC Financial Services Group
80
PNC Financial Services Group
Pennsylvania
$514K -$133K -11,773 -19%
RA
81
RFG Advisory
Alabama
$513K -$96.3K -8,544 -15%
FFA
82
Founders Financial Alliance
North Carolina
$507K +$5.93K +526 +1%
TCBWMS
83
Texas Capital Bank Wealth Management Services
Texas
$502K -$357K -31,707 -39%
MSWM
84
McGlone Suttner Wealth Management
Wisconsin
$496K -$110K -9,745 -17%
RCA
85
Ranch Capital Advisors
Florida
$493K -$46.2K -4,098 -8%
WAOTB
86
Wealth Advisors of Tampa Bay
Florida
$484K +$265K +23,494 +100%
OC
87
Oppenheimer & Co
New York
$466K +$14.5K +1,290 +3%
Fifth Third Bancorp
88
Fifth Third Bancorp
Ohio
$455K -$4.79K -425 -1%
SMC
89
Smith, Moore & Co
Missouri
$448K -$398K -35,359 -45%
CAN
90
Cetera Advisor Networks
California
$445K +$5.93K +526 +1%
IFG
91
Independent Financial Group
California
$439K +$106K +9,421 +28%
TW
92
Transform Wealth
Colorado
$426K -$411K -36,432 -47%
PFS
93
Prospera Financial Services
Texas
$426K +$12.8K +1,135 +3%
EW
94
Element Wealth
Mississippi
$412K -$1.4K -124 -0.3%
CIAS
95
Capital Investment Advisory Services
North Carolina
$408K -$6.5K -577 -1%
SWP
96
Stratos Wealth Partners
Ohio
$400K +$96K +8,517 +28%
IWC
97
Integrated Wealth Concepts
Massachusetts
$394K -$132K -11,699 -23%
IAN
98
Integrated Advisors Network
Texas
$389K
CCWA
99
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$389K -$45.8K -4,065 -10%
BRWA
100
B. Riley Wealth Advisors
Florida
$388K +$74.9K +6,645 +22%

NVG Hedge Fund Activity: Q3 2023 in Review

240 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q3 2023, worth a combined $426M — down 2.4% from $436M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of NVG and 21 opened new positions — a net loss of 1 holder — while 86 trimmed existing stakes and 73 added.

The largest buyer was Saba Capital Management, adding an estimated $13.5M. The largest seller was Sit Investment Associates, cutting an estimated $3.84M.

  • 240 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q3 2023, down from 243 in Q2 2023.
  • Funds reported $426M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q3 2023, down 2.4% quarter-over-quarter.
  • 21 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q3 2023 and 22 closed out, a net change of -1 holder.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q3 2023 was Saba Capital Management, an estimated $13.5M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q3 2023 was Sit Investment Associates, an estimated $3.84M sold.

Based on aggregated 13F filings for Q3 2023.