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Nuveen AMT-Free Municipal Credit Income Fund

173 hedge funds and large institutions have $285M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 44 increasing their positions, 45 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.18% less ownership

Funds ownership: 9.84%9.66% (-0.18%)

2% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 45

4% less funds holding

Funds holding: 180173 (-7)

8% less capital invested

Capital invested by funds: $309M → $285M (-$24.6M)

27% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 22

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
173
Holders Change
-7
Holders Change %
-3.89%
% of All Funds
3.96%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
16
Increased
44
Reduced
45
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BA
126
Boston Advisors
Massachusetts
$157K
GIP
127
Greatmark Investment Partners
Georgia
$152K
Deutsche Bank
128
Deutsche Bank
Germany
$149K
TW
129
Transform Wealth
Colorado
$148K -$34.1K -2,318 -19%
GI
130
Gradient Investments
Minnesota
$146K +$5.08K +345 +4%
SFA
131
Sequoia Financial Advisors
Ohio
$145K -$293K -19,897 -67%
SWM
132
SeaCrest Wealth Management
New York
$127K -$20.3K -1,377 -14%
DAM
133
Delta Asset Management
Tennessee
$109K -$3.68K -250 -3%
JWA
134
JFS Wealth Advisors
Pennsylvania
$109K
NSIM
135
North Star Investment Management
Illinois
$109K
BBA
136
Braun-Bostich & Associates
Pennsylvania
$108K
BRC
137
Bell Rock Capital
Delaware
$99K +$57.8K +3,929 +136%
Citigroup
138
Citigroup
New York
$97K +$4.9K +333 +5%
SPIA
139
Steward Partners Investment Advisory
New York
$84K
VIA
140
Vantage Investment Advisors
Pennsylvania
$80K +$1.19K +81 +1%
RFC
141
Regions Financial Corp
Alabama
$78K
MWM
142
Mascoma Wealth Management
New Hampshire
$73K
PCIG
143
Partners Capital Investment Group
Massachusetts
$70K +$1.03K +70 +1%
MMG
144
Monetary Management Group
Missouri
$68K
BCWM
145
Bartlett & Co Wealth Management
Ohio
$65.7K +$66.3K +4,502 New
BC
146
Bartlett & Co
Ohio
$65K
APA
147
American Portfolios Advisors
New York
$63.1K +$9.51K +646 +17%
Manulife (Manufacturers Life Insurance)
148
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$59K -$33.6K -2,282 -36%
SA
149
SRH Advisors
Kansas
$57K
BFC
150
Bedel Financial Consulting
Indiana
$52K +$52.4K +3,560 New

NVG Hedge Fund Activity: Q1 2018 in Review

173 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q1 2018, worth a combined $285M — down 8% from $309M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of NVG and 16 opened new positions — a net loss of 6 holders — while 45 trimmed existing stakes and 44 added.

The largest buyer was Morgan Stanley, adding an estimated $4.57M. The largest seller was Wells Fargo, cutting an estimated $6.79M.

  • 173 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q1 2018, down from 180 in Q4 2017.
  • Funds reported $285M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q1 2018, down 8% quarter-over-quarter.
  • 16 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q1 2018 and 22 closed out, a net change of -6 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q1 2018 was Morgan Stanley, an estimated $4.57M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q1 2018 was Wells Fargo, an estimated $6.79M sold.

Based on aggregated 13F filings for Q1 2018.