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Nuveen AMT-Free Municipal Credit Income Fund

243 hedge funds and large institutions have $436M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 88 increasing their positions, 56 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 56

13% more capital invested

Capital invested by funds: $384M → $436M (+$51.8M)

1.92% more ownership

Funds ownership: 15.53%17.46% (+1.9%)

3% less funds holding

Funds holding: 250243 (-7)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

15% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 27

Holders
243
Holders Change
-7
Holders Change %
-2.8%
% of All Funds
3.82%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.09%
New
23
Increased
88
Reduced
56
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FPAS
126
Focus Partners Advisor Solutions
Missouri
$294K +$59.6K +5,132 +26%
SPIA
127
Steward Partners Investment Advisory
New York
$289K
Carson Wealth (CWM LLC)
128
Carson Wealth (CWM LLC)
Nebraska
$288K -$180K -15,465 -39%
JWCA
129
J.W. Cole Advisors
Florida
$288K +$46 +4 +0%
MA
130
MKT Advisors
California
$287K -$63.9K -5,500 -18%
PWM
131
Prosperity Wealth Management
California
$282K +$4.44K +382 +2%
WAP
132
Wealthcare Advisory Partners
Pennsylvania
$277K +$1.13K +97 +0.4%
WB
133
Webster Bank
Connecticut
$275K
WAOTB
134
Wealth Advisors of Tampa Bay
Florida
$275K
AAS
135
Avantax Advisory Services
Texas
$272K -$13.9K -1,197 -5%
SA
136
SFI Advisors
New Jersey
$269K +$129K +11,073 +93%
AWS
137
Atria Wealth Solutions
New York
$243K +$8.25K +710 +4%
FFA
138
First Foundation Advisors
California
$243K +$314 +27 +0.1%
Northern Trust
139
Northern Trust
Illinois
$239K -$76.2K -6,558 -24%
CFB
140
Cullen/Frost Bankers
Texas
$234K
KA
141
Kercheville Advisors
Texas
$231K
VVP
142
Venture Visionary Partners
Ohio
$229K -$104K -8,978 -31%
CFG
143
Carr Financial Group
Massachusetts
$223K -$136K -11,726 -38%
CCFM
144
Clear Creek Financial Management
Washington
$221K +$1.16K +100 +0.5%
CAM
145
Cresset Asset Management
Illinois
$218K +$216K +18,600 New
PIA
146
Powell Investment Advisors
Florida
$206K +$49.9K +4,297 +32%
VWA
147
Visionary Wealth Advisors
Illinois
$202K +$7.29K +627 +4%
VAG
148
VisionPoint Advisory Group
Texas
$201K -$88K -7,575 -31%
BFEC
149
Benjamin F. Edwards & Company
Missouri
$196K -$9.01K -775 -4%
HKAM
150
Horizon Kinetics Asset Management
New York
$192K -$4.54K -391 -2%

NVG Hedge Fund Activity: Q2 2023 in Review

243 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2023, worth a combined $436M — up 13% from $384M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NVG and 23 opened new positions — a net loss of 4 holders — while 56 trimmed existing stakes and 88 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $17.9M. The largest seller was Guggenheim Capital, cutting an estimated $7.97M.

  • 243 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2023, down from 250 in Q1 2023.
  • Funds reported $436M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2023, up 13% quarter-over-quarter.
  • 23 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2023 and 27 closed out, a net change of -4 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2023 was Rivernorth Capital Management, an estimated $17.9M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2023 was Guggenheim Capital, an estimated $7.97M sold.

Based on aggregated 13F filings for Q2 2023.