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Nuveen AMT-Free Municipal Credit Income Fund

173 hedge funds and large institutions have $285M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 44 increasing their positions, 45 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.18% less ownership

Funds ownership: 9.84%9.66% (-0.18%)

2% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 45

4% less funds holding

Funds holding: 180173 (-7)

8% less capital invested

Capital invested by funds: $309M → $285M (-$24.6M)

27% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 22

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
173
Holders Change
-7
Holders Change %
-3.89%
% of All Funds
3.96%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
16
Increased
44
Reduced
45
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CI
101
Conning Inc
Connecticut
$279K
IWC
102
Integrated Wealth Concepts
Massachusetts
$261K
Thrivent Financial for Lutherans
103
Thrivent Financial for Lutherans
Minnesota
$260K +$264K +17,947 New
Citadel Advisors
104
Citadel Advisors
Florida
$251K +$255K +17,304 New
ECM
105
Evergreen Capital Management
Washington
$247K
MOS
106
MGO One Seven
Ohio
$244K
AIP
107
Ahrens Investment Partners
Louisiana
$227K +$2.44K +166 +1%
WAP
108
Wealthcare Advisory Partners
Pennsylvania
$226K +$83.2K +5,650 +57%
FFG
109
Ford Financial Group
California
$222K +$44.2K +3,000 +24%
Lido Advisors
110
Lido Advisors
California
$220K -$14.9K -1,009 -6%
CCG
111
Ceeto Capital Group
Florida
$217K
GWM
112
Geneos Wealth Management
Colorado
$215K -$16.8K -1,138 -7%
MML Investors Services
113
MML Investors Services
Massachusetts
$212K -$28.5K -1,937 -12%
Baird Financial Group
114
Baird Financial Group
Wisconsin
$204K -$27.9K -1,894 -12%
PMG
115
ProVise Management Group
Florida
$195K
AA
116
AQR Arbitrage
Connecticut
$190K +$193K +13,111 New
SBIA
117
Sheaff Brock Investment Advisors
Indiana
$189K +$12.6K +854 +7%
ANTB
118
AMG National Trust Bank
Colorado
$187K +$189K +12,869 New
JIR
119
James Investment Research
Ohio
$186K
WB
120
Webster Bank
Connecticut
$183K
BFG
121
Barber Financial Group
Kansas
$180K
PMFA
122
Plante Moran Financial Advisors
Michigan
$179K
ALIONA
123
Allianz Life Insurance of North America
Minnesota
$174K +$236K +16,050 New
Mariner
124
Mariner
Kansas
$166K +$168K +11,410 New
OC
125
Oarsman Capital
Wisconsin
$164K

NVG Hedge Fund Activity: Q1 2018 in Review

173 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q1 2018, worth a combined $285M — down 8% from $309M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of NVG and 16 opened new positions — a net loss of 6 holders — while 45 trimmed existing stakes and 44 added.

The largest buyer was Morgan Stanley, adding an estimated $4.57M. The largest seller was Wells Fargo, cutting an estimated $6.79M.

  • 173 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q1 2018, down from 180 in Q4 2017.
  • Funds reported $285M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q1 2018, down 8% quarter-over-quarter.
  • 16 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q1 2018 and 22 closed out, a net change of -6 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q1 2018 was Morgan Stanley, an estimated $4.57M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q1 2018 was Wells Fargo, an estimated $6.79M sold.

Based on aggregated 13F filings for Q1 2018.