Nuveen AMT-Free Municipal Credit Income Fund
184 hedge funds and large institutions have $307M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 41 reducing their positions, and 21 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 41
9% more capital invested
Capital invested by funds: $283M → $307M (+$24.2M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.27% less ownership
Funds ownership: 9.53% → 9.26% (-0.27%)
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
2% less funds holding
Funds holding: 187 → 184 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.57M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.92M |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
+$989K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$868K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$535K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$8.48M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$2.83M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.21M |
| 4 |
SG Americas Securities
New York
|
-$1.19M |
| 5 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$667K |
NVG Hedge Fund Activity: Q3 2018 in Review
184 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q3 2018, worth a combined $307M — up 8.6% from $283M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of NVG and 19 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 48 added.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $3.57M. The largest seller was Parametric Portfolio Associates, cutting an estimated $8.48M.
- 184 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q3 2018, down from 187 in Q2 2018.
- Funds reported $307M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q3 2018, up 8.6% quarter-over-quarter.
- 19 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q3 2018 and 21 closed out, a net change of -2 holders.
- The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q3 2018 was Robinson Capital Management, an estimated $3.57M added.
- The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q3 2018 was Parametric Portfolio Associates, an estimated $8.48M sold.
Based on aggregated 13F filings for Q3 2018.