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Nuveen AMT-Free Municipal Credit Income Fund

240 hedge funds and large institutions have $426M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 73 increasing their positions, 86 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.85% more ownership

Funds ownership: 17.46%19.31% (+1.9%)

2% less capital invested

Capital invested by funds: $436M → $426M (-$10.6M)

5% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 22

1% less funds holding

Funds holding: 243240 (-3)

15% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 86

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
240
Holders Change
-3
Holders Change %
-1.23%
% of All Funds
3.81%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.08%
New
21
Increased
73
Reduced
86
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TIM
126
Tortoise Investment Management
New York
$282K -$102K -9,050 -25%
WAM
127
Walker Asset Management
Missouri
$281K
SFS
128
Sowell Financial Services
Arkansas
$268K
PCIA
129
Prime Capital Investment Advisors
Kansas
$262K -$305K -27,080 -52%
Lido Advisors
130
Lido Advisors
California
$262K
SA
131
SFI Advisors
New Jersey
$260K +$24.7K +2,193 +10%
SOA
132
Sea Otter Advisors
Florida
$258K -$1.35M -120,000 -83%
RJT
133
Raymond James Trust
Florida
$254K -$59.1K -5,247 -18%
JWCA
134
J.W. Cole Advisors
Florida
$253K +$56 +5 +0%
MA
135
MKT Advisors
California
$250K
CAM
136
Crestone Asset Management
Colorado
$248K +$272K +24,100 New
WAP
137
Wealthcare Advisory Partners
Pennsylvania
$245K +$1.1K +98 +0.4%
WB
138
Webster Bank
Connecticut
$242K
STA
139
Summit Trail Advisors
New York
$240K -$70.4K -6,248 -21%
WAM
140
Wolverine Asset Management
Illinois
$234K -$616K -54,673 -71%
NS
141
NBC Securities
Alabama
$218K +$239K +21,238 New
AWS
142
Atria Wealth Solutions
New York
$211K -$3.7K -328 -2%
CIBC Private Wealth Group
143
CIBC Private Wealth Group
Georgia
$206K -$78.4K -6,954 -26%
PIA
144
Powell Investment Advisors
Florida
$205K +$26K +2,308 +13%
Comerica Bank
145
Comerica Bank
Texas
$204K +$223K +19,819 New
KA
146
Kercheville Advisors
Texas
$204K
FPAS
147
Focus Partners Advisor Solutions
Missouri
$196K -$68.7K -6,092 -24%
CAM
148
Cresset Asset Management
Illinois
$192K -$1.13K -100 -0.5%
FFA
149
First Foundation Advisors
California
$188K -$28.5K -2,525 -12%
CCFM
150
Clear Creek Financial Management
Washington
$187K -$8.62K -765 -4%

NVG Hedge Fund Activity: Q3 2023 in Review

240 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q3 2023, worth a combined $426M — down 2.4% from $436M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of NVG and 21 opened new positions — a net loss of 1 holder — while 86 trimmed existing stakes and 73 added.

The largest buyer was Saba Capital Management, adding an estimated $13.5M. The largest seller was Sit Investment Associates, cutting an estimated $3.84M.

  • 240 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q3 2023, down from 243 in Q2 2023.
  • Funds reported $426M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q3 2023, down 2.4% quarter-over-quarter.
  • 21 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q3 2023 and 22 closed out, a net change of -1 holder.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q3 2023 was Saba Capital Management, an estimated $13.5M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q3 2023 was Sit Investment Associates, an estimated $3.84M sold.

Based on aggregated 13F filings for Q3 2023.