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Nuveen AMT-Free Municipal Credit Income Fund
NVG

218 hedge funds and large institutions have $391M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2020 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 72 increasing their positions, 46 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 46

5% more capital invested

Capital invested by funds: $371M → $391M (+$20M)

0.09% more ownership

Funds ownership: 11.82% → 11.91% (+0.09%)

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

8% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 24

2% less funds holding

Funds holding: 222 → 218 (-4)

Holders
218
Holders Change
-4
Holders Change %
-1.8%
% of All Funds
4.47%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.08%
New
22
Increased
72
Reduced
46
Closed
24
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
+$15.4M
2
JFGIW
Johnson Financial Group Inc (Wisconsin)
Wisconsin
+$7.64M
3
RCM
Robinson Capital Management
Michigan
+$4.1M
4
SIA
Sit Investment Associates
Minnesota
+$2.42M
5
RCM
Rivernorth Capital Management
Florida
+$2.16M

Top Sellers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
-$15.8M
2
OA
Oxbow Advisors
Texas
-$5.38M
3
VCM
Vivaldi Capital Management
Illinois
-$4.15M
4
N
Natixis
France
-$3.97M
5
LCM
Landscape Capital Management
New Jersey
-$2.87M
Name Holding Trade Value Shares
Change 		Change in
Stake
SBIA
126
Sheaff Brock Investment Advisors
Indiana
$223K – – –
SWM
127
SeaCrest Wealth Management
New York
$222K +$998 +68 +0.5%
IC
128
IEQ Capital
California
$221K – – –
APA
129
American Portfolios Advisors
New York
$218K +$2.25K +153 +1%
CAG
130
Csenge Advisory Group
Florida
$216K +$208K +14,150 New
GWM
131
Greenwich Wealth Management
Connecticut
$215K -$5.28K -360 -2%
AWM
132
AE Wealth Management
Kansas
$215K +$207K +14,082 New
PMG
133
ProVise Management Group
Florida
$212K – – –
WMA
134
Wealth Management Associates
New Jersey
$211K +$822 +56 +0.4%
ECM
135
Evergreen Capital Management
Washington
$208K – – –
NFG
136
Next Financial Group
Texas
$208K +$56.5K +3,853 +40%
TNBTD
137
Trustmark National Bank Trust Department
Mississippi
$205K – – –
NS
138
NewDay Solutions
New Hampshire
$204K – – –
WB
139
Webster Bank
Connecticut
$200K – – –
CB
140
Commerce Bank
Missouri
$198K +$191 +13 +0.1%
IWC
141
Integrated Wealth Concepts
Massachusetts
$198K +$690 +47 +0.4%
GWM
142
Geneos Wealth Management
Colorado
$195K -$9.76K -665 -5%
V
143
Veritable
Delaware
$193K -$82.2K -5,600 -31%
Citigroup
144
Citigroup
New York
$190K +$1.04K +71 +0.6%
HCM
145
Hollencrest Capital Management
California
$185K -$96K -6,542 -35%
JIR
146
James Investment Research
Ohio
$181K – – –
SCM
147
Sterneck Capital Management
Missouri
$179K – – –
DAS
148
Dynamic Advisor Solutions
Arizona
$171K +$11.7K +800 +8%
OC
149
Oppenheimer & Co
New York
$170K +$602 +41 +0.4%
CCA
150
Column Capital Advisors
Indiana
$168K – – –
4 5
6
7 8

NVG Hedge Fund Activity: Q2 2020 in Review

218 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2020, worth a combined $391M — up 5.4% from $371M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of NVG and 22 opened new positions — a net loss of 2 holders — while 46 trimmed existing stakes and 72 added.

The largest buyer was Guggenheim Capital, adding an estimated $15.4M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $15.8M sold.

  • 218 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2020, down from 222 in Q1 2020.
  • Funds reported $391M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2020, up 5.4% quarter-over-quarter.
  • 22 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2020 and 24 closed out, a net change of -2 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2020 was Guggenheim Capital, an estimated $15.4M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2020 was Karpus Investment Management, an estimated $15.8M sold.

Based on aggregated 13F filings for Q2 2020.