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Nuveen AMT-Free Municipal Credit Income Fund
NVG

253 hedge funds and large institutions have $535M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 73 increasing their positions, 77 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 5 → 6 (+1)

4% less capital invested

Capital invested by funds: $558M → $535M (-$22.7M)

5% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 77

6% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 31

1% less funds holding

Funds holding: 256 → 253 (-3)

1.51% less ownership

Funds ownership: 22.03% → 20.53% (-1.5%)

Holders
253
Holders Change
-3
Holders Change %
-1.17%
% of All Funds
3.64%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.09%
New
29
Increased
73
Reduced
77
Closed
31
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MSL
Mackay Shields LLC
New York
+$7.78M
2
Allianz Asset Management
Allianz Asset Management
Germany
+$5.59M
3
NMC
Nine Masts Capital
Hong Kong
+$4.87M
4
RCM
Robinson Capital Management
Michigan
+$2.5M
5
SCM
Saba Capital Management
New York
+$2.04M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$43.8M
2
PCM
PenderFund Capital Management
British Columbia, Canada
-$7.97M
3
PCM
Penserra Capital Management
California
-$4.25M
4
RCM
Rivernorth Capital Management
Florida
-$3.75M
5
GC
Guggenheim Capital
Illinois
-$2.68M
Name Holding Trade Value Shares
Change 		Change in
Stake
SWM
101
Silverlake Wealth Management
Vermont
$471K +$77.7K +6,536 +20%
SWP
102
Stratos Wealth Partners
Ohio
$468K -$4.72K -397 -1%
MC
103
Moors & Cabot
Massachusetts
$467K – – –
Carson Wealth (CWM LLC)
104
Carson Wealth (CWM LLC)
Nebraska
$459K +$7.76K +653 +2%
PS
105
Portfolio Strategies
New York
$454K – – –
Mercer Global Advisors
106
Mercer Global Advisors
Colorado
$451K +$109K +9,138 +33%
MC
107
Mathes Company
New York
$437K – – –
VWA
108
Visionary Wealth Advisors
Illinois
$432K +$14.4K +1,210 +4%
CFGSD
109
Compass Financial Group (South Dakota)
South Dakota
$415K – – –
HCC
110
Hirtle Callaghan & Co
Pennsylvania
$410K -$564K -47,468 Closed
DWP
111
Daymark Wealth Partners
Ohio
$407K +$398K +33,500 New
KWA
112
Kingswood Wealth Advisors
California
$397K +$111K +9,352 +40%
TIM
113
Tortoise Investment Management
New York
$396K – – –
DADC
114
D.A. Davidson & Co
Montana
$392K +$23.8K +2,000 +7%
Walleye Capital
115
Walleye Capital
New York
$391K +$203K +17,085 +113%
BRWA
116
B. Riley Wealth Advisors
Florida
$388K +$30K +2,529 +7%
WDG
117
Wealth Dimensions Group
Ohio
$364K -$9.51K -800 -3%
HCM
118
Hollencrest Capital Management
California
$357K – – –
CC
119
Centiva Capital
New York
$356K -$1.68M -141,701 -83%
PTC
120
Private Trust Company
Ohio
$355K – – –
HI
121
Harbour Investments
Wisconsin
$354K +$13.2K +1,115 +4%
EW
122
Evoke Wealth
California
$354K – – –
KPWS
123
Kestra Private Wealth Services
Texas
$351K +$15K +1,262 +5%
WAM
124
Walker Asset Management
Missouri
$331K – – –
MA
125
MBA Advisors
Pennsylvania
$330K – – –
3 4
5
6 7

NVG Hedge Fund Activity: Q1 2024 in Review

253 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q1 2024, worth a combined $535M — down 4.1% from $558M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of NVG and 29 opened new positions — a net loss of 2 holders — while 77 trimmed existing stakes and 73 added.

The largest buyer was Mackay Shields LLC, adding an estimated $7.78M. The largest seller was Morgan Stanley, cutting an estimated $43.8M.

  • 253 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q1 2024, down from 256 in Q4 2023.
  • Funds reported $535M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q1 2024, down 4.1% quarter-over-quarter.
  • 29 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q1 2024 and 31 closed out, a net change of -2 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q1 2024 was Mackay Shields LLC, an estimated $7.78M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $43.8M sold.

Based on aggregated 13F filings for Q1 2024.