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Nuveen AMT-Free Municipal Credit Income Fund

250 hedge funds and large institutions have $364M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2022 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 57 increasing their positions, 82 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 36

26% more capital invested

Capital invested by funds: $289M → $364M (+$74.6M)

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

5% more funds holding

Funds holding: 239250 (+11)

2.51% more ownership

Funds ownership: 11.58%14.08% (+2.5%)

30% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 82

Holders
250
Holders Change
+11
Holders Change %
+4.6%
% of All Funds
4.02%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
52
Increased
57
Reduced
82
Closed
36
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EW
101
Evoke Wealth
California
$424K -$44.6K -3,803 -10%
DADC
102
D.A. Davidson & Co
Montana
$423K +$46.6K +3,968 +13%
CFG
103
Carr Financial Group
Massachusetts
$421K +$407K +34,639 New
Baird Financial Group
104
Baird Financial Group
Wisconsin
$420K -$1.57M -134,118 -79%
STA
105
Summit Trail Advisors
New York
$416K +$242K +20,602 +151%
HI
106
Harbour Investments
Wisconsin
$401K +$229K +19,505 +144%
KPWS
107
Kestra Private Wealth Services
Texas
$397K -$147K -12,523 -28%
OPS
108
Orion Portfolio Solutions
Nebraska
$396K
SWP
109
Stratos Wealth Partners
Ohio
$393K -$69.6K -5,932 -15%
PCTC
110
Perkins Coie Trust Company
Washington
$389K
WDG
111
Wealth Dimensions Group
Ohio
$384K
CFGSD
112
Compass Financial Group (South Dakota)
South Dakota
$381K +$368K +31,358 New
AA
113
Apriem Advisors
California
$376K +$12 +1 +0%
LA
114
LexAurum Advisors
Kansas
$369K -$138K -11,762 -28%
RJT
115
Raymond James Trust
Florida
$363K -$43.1K -3,668 -11%
MA
116
MKT Advisors
California
$361K -$58.8K -5,005 -14%
Northern Trust
117
Northern Trust
Illinois
$359K -$180K -15,333 -34%
AWM
118
AE Wealth Management
Kansas
$351K +$188K +16,037 +125%
CFB
119
Cullen/Frost Bankers
Texas
$346K
PWA
120
Physician Wealth Advisors
Utah
$340K
BS
121
Boenning & Scattergood
Pennsylvania
$340K
HCM
122
Hollencrest Capital Management
California
$340K +$69.1K +5,885 +27%
WAM
123
Walker Asset Management
Missouri
$331K
SFS
124
Sowell Financial Services
Arkansas
$315K +$2.22K +189 +0.7%
JWCA
125
J.W. Cole Advisors
Florida
$310K -$93.8K -7,993 -24%

NVG Hedge Fund Activity: Q4 2022 in Review

250 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q4 2022, worth a combined $364M — up 26% from $289M a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new NVG positions and 36 closed out — a net gain of 16 holders — while 57 added to existing stakes and 82 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $12.3M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $4.42M.

  • 250 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q4 2022, up from 239 in Q3 2022.
  • Funds reported $364M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q4 2022, up 26% quarter-over-quarter.
  • 52 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q4 2022 and 36 closed out, a net change of +16 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q4 2022 was Rivernorth Capital Management, an estimated $12.3M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q4 2022 was Raymond James Financial Services Advisors, an estimated $4.42M sold.

Based on aggregated 13F filings for Q4 2022.