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Nuveen AMT-Free Municipal Credit Income Fund

243 hedge funds and large institutions have $436M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 88 increasing their positions, 56 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 56

13% more capital invested

Capital invested by funds: $384M → $436M (+$51.8M)

1.92% more ownership

Funds ownership: 15.53%17.46% (+1.9%)

3% less funds holding

Funds holding: 250243 (-7)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

15% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 27

Holders
243
Holders Change
-7
Holders Change %
-2.8%
% of All Funds
3.82%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.09%
New
23
Increased
88
Reduced
56
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DC
101
Davenport & Co
Virginia
$407K -$59.5K -5,118 -13%
CB
102
Commerce Bank
Missouri
$399K
IFG
103
Independent Financial Group
California
$388K -$560K -48,178 -59%
HI
104
Harbour Investments
Wisconsin
$387K +$535 +46 +0.1%
WSFS
105
Wilmington Savings Fund Society
Delaware
$387K
BCI
106
Brinker Capital Investments
Pennsylvania
$381K
OPS
107
Orion Portfolio Solutions
Nebraska
$381K
LA
108
LexAurum Advisors
Kansas
$375K +$860 +74 +0.2%
WDG
109
Wealth Dimensions Group
Ohio
$370K
CFGSD
110
Compass Financial Group (South Dakota)
South Dakota
$367K
BRWA
111
B. Riley Wealth Advisors
Florida
$362K -$139K -11,953 -28%
SWP
112
Stratos Wealth Partners
Ohio
$355K +$87.6K +7,537 +33%
EW
113
Evoke Wealth
California
$351K -$58.1K -5,000 -14%
RJT
114
Raymond James Trust
Florida
$350K
STA
115
Summit Trail Advisors
New York
$346K +$23.4K +2,017 +7%
HCM
116
Hollencrest Capital Management
California
$344K -$83.3K -7,165 -20%
Mercer Global Advisors
117
Mercer Global Advisors
Colorado
$344K -$125K -10,748 -27%
DWM
118
Drive Wealth Management
Utah
$341K +$46.8K +4,031 +16%
Invesco
119
Invesco
Georgia
$332K +$19.1K +1,647 +6%
KPWS
120
Kestra Private Wealth Services
Texas
$324K -$16.3K -1,406 -5%
WAM
121
Walker Asset Management
Missouri
$319K
PWA
122
Physician Wealth Advisors
Utah
$316K
CIBC Private Wealth Group
123
CIBC Private Wealth Group
Georgia
$315K +$313K +26,954 New
SFS
124
Sowell Financial Services
Arkansas
$305K -$11.2K -962 -4%
Lido Advisors
125
Lido Advisors
California
$297K

NVG Hedge Fund Activity: Q2 2023 in Review

243 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2023, worth a combined $436M — up 13% from $384M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NVG and 23 opened new positions — a net loss of 4 holders — while 56 trimmed existing stakes and 88 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $17.9M. The largest seller was Guggenheim Capital, cutting an estimated $7.97M.

  • 243 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2023, down from 250 in Q1 2023.
  • Funds reported $436M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2023, up 13% quarter-over-quarter.
  • 23 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2023 and 27 closed out, a net change of -4 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2023 was Rivernorth Capital Management, an estimated $17.9M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2023 was Guggenheim Capital, an estimated $7.97M sold.

Based on aggregated 13F filings for Q2 2023.