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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
HI
101
Harbour Investments
Wisconsin
$411K +$406K +24,328 New
CB
102
Commerce Bank
Missouri
$403K -$47.2K -2,825 -11%
PFM
103
Parsec Financial Management
North Carolina
$394K +$389K +23,310 New
Mariner
104
Mariner
Kansas
$389K +$66.8K +4,003 +21%
SWM
105
Spire Wealth Management
Virginia
$384K +$379K +22,729 New
CSA
106
Cottage Street Advisors
Massachusetts
$382K
MAFM
107
Mid Atlantic Financial Management
Pennsylvania
$380K -$12.5K -750 -3%
JCM
108
Janney Capital Management
Pennsylvania
$374K
HCM
109
Hollencrest Capital Management
California
$373K
CAN
110
Cetera Advisor Networks
California
$360K -$22.4K -1,341 -6%
HKAM
111
Horizon Kinetics Asset Management
New York
$358K +$8.11K +486 +2%
SIC
112
Samalin Investment Counsel
New York
$350K -$27.7K -1,658 -7%
LB
113
Leo Brokerage
Texas
$333K
FFA
114
Founders Financial Alliance
North Carolina
$332K +$87.5K +5,241 +37%
RA
115
Riverstone Advisors
Texas
$323K +$23.4K +1,400 +8%
NFG
116
Next Financial Group
Texas
$322K +$84.6K +5,068 +36%
PGFC
117
Peapack-Gladstone Financial Corp
New Jersey
$319K +$315K +18,896 New
PCM
118
Pointe Capital Management
Michigan
$316K -$24.1K -1,444 -7%
RBFC
119
Roman Butler Fullerton & Co
Missouri
$314K
Mercer Global Advisors
120
Mercer Global Advisors
Colorado
$312K +$68.1K +4,082 +28%
LWM
121
Loveless Wealth Management
Montana
$308K
MOS
122
MGO One Seven
Ohio
$297K
Citigroup
123
Citigroup
New York
$296K
CBTWT
124
Community Bank & Trust (Waco, Texas)
Texas
$295K -$15.8K -945 -5%
SS
125
Sunbelt Securities
Texas
$295K

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.