Nuveen AMT-Free Municipal Credit Income Fund
257 hedge funds and large institutions have $376M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2022 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 86 increasing their positions, 56 reducing their positions, and 35 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 56
0.4% more ownership
Funds ownership: 11.49% → 11.89% (+0.4%)
3% less funds holding
Funds holding: 265 → 257 (-8)
14% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 35
14% less capital invested
Capital invested by funds: $439M → $376M (-$63.1M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.74M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.06M |
| 3 |
WF
Welch & Forbes
Boston,
Massachusetts
|
+$3.01M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.15M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.78M |
| 2 |
N
Natixis
Paris,
France
|
-$3.42M |
| 3 |
WAOTB
Wealth Advisors of Tampa Bay
Tampa,
Florida
|
-$1.8M |
| 4 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
-$1.63M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.07M |
NVG Hedge Fund Activity: Q1 2022 in Review
257 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q1 2022, worth a combined $376M — down 14% from $439M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of NVG and 30 opened new positions — a net loss of 5 holders — while 56 trimmed existing stakes and 86 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $6.74M. The largest seller was Guggenheim Capital, cutting an estimated $3.78M.
- 257 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q1 2022, down from 265 in Q4 2021.
- Funds reported $376M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q1 2022, down 14% quarter-over-quarter.
- 30 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q1 2022 and 35 closed out, a net change of -5 holders.
- The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q1 2022 was Rivernorth Capital Management, an estimated $6.74M added.
- The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q1 2022 was Guggenheim Capital, an estimated $3.78M sold.
Based on aggregated 13F filings for Q1 2022.