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Nuveen AMT-Free Municipal Credit Income Fund

240 hedge funds and large institutions have $426M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 73 increasing their positions, 86 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.85% more ownership

Funds ownership: 17.46%19.31% (+1.9%)

2% less capital invested

Capital invested by funds: $436M → $426M (-$10.6M)

5% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 22

1% less funds holding

Funds holding: 243240 (-3)

15% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 86

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
240
Holders Change
-3
Holders Change %
-1.23%
% of All Funds
3.81%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.08%
New
21
Increased
73
Reduced
86
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PS
101
Portfolio Strategies
New York
$386K
MC
102
Mathes Company
New York
$371K
FPCP
103
Fort Point Capital Partners
California
$368K +$256K +22,759 +176%
First Trust Advisors
104
First Trust Advisors
Illinois
$367K -$83.7K -7,426 -17%
DADC
105
D.A. Davidson & Co
Montana
$365K -$31.4K -2,786 -7%
VWA
106
Visionary Wealth Advisors
Illinois
$359K +$198K +17,531 +101%
CFGSD
107
Compass Financial Group (South Dakota)
South Dakota
$353K +$31.9K +2,835 +9%
WSFS
108
Wilmington Savings Fund Society
Delaware
$341K
Wealth Enhancement Advisory Services
109
Wealth Enhancement Advisory Services
Minnesota
$333K +$364K +32,268 New
LA
110
LexAurum Advisors
Kansas
$331K +$857 +76 +0.2%
BCI
111
Brinker Capital Investments
Pennsylvania
$329K -$7.39K -656 -2%
OPS
112
Orion Portfolio Solutions
Nebraska
$329K -$7.39K -656 -2%
DC
113
Davenport & Co
Virginia
$329K -$32.7K -2,900 -8%
Envestnet Asset Management
114
Envestnet Asset Management
Illinois
$321K -$160K -14,183 -31%
Mercer Global Advisors
115
Mercer Global Advisors
Colorado
$321K +$19.1K +1,693 +6%
WDG
116
Wealth Dimensions Group
Ohio
$317K -$9.02K -800 -3%
PWM
117
Prosperity Wealth Management
California
$308K +$65.1K +5,773 +24%
Carson Wealth (CWM LLC)
118
Carson Wealth (CWM LLC)
Nebraska
$306K +$57.6K +5,114 +21%
AAS
119
Avantax Advisory Services
Texas
$305K +$71.1K +6,313 +27%
HCM
120
Hollencrest Capital Management
California
$303K
HI
121
Harbour Investments
Wisconsin
$301K -$44.3K -3,930 -12%
EW
122
Evoke Wealth
California
$300K -$10K -890 -3%
DWM
123
Drive Wealth Management
Utah
$286K -$16K -1,420 -5%
KPWS
124
Kestra Private Wealth Services
Texas
$285K
KWM
125
Kingsview Wealth Management
Oregon
$284K +$160K +14,216 +106%

NVG Hedge Fund Activity: Q3 2023 in Review

240 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q3 2023, worth a combined $426M — down 2.4% from $436M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of NVG and 21 opened new positions — a net loss of 1 holder — while 86 trimmed existing stakes and 73 added.

The largest buyer was Saba Capital Management, adding an estimated $13.5M. The largest seller was Sit Investment Associates, cutting an estimated $3.84M.

  • 240 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q3 2023, down from 243 in Q2 2023.
  • Funds reported $426M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q3 2023, down 2.4% quarter-over-quarter.
  • 21 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q3 2023 and 22 closed out, a net change of -1 holder.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q3 2023 was Saba Capital Management, an estimated $13.5M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q3 2023 was Sit Investment Associates, an estimated $3.84M sold.

Based on aggregated 13F filings for Q3 2023.