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Nuveen AMT-Free Municipal Credit Income Fund

180 hedge funds and large institutions have $309M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 43 increasing their positions, 39 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

45% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 20

10% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 39

5% more funds holding

Funds holding: 172180 (+8)

0.24% less ownership

Funds ownership: 10.08%9.84% (-0.24%)

2% less capital invested

Capital invested by funds: $316M → $309M (-$6.34M)

Holders
180
Holders Change
+8
Holders Change %
+4.65%
% of All Funds
4.08%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
29
Increased
43
Reduced
39
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MMG
151
Monetary Management Group
Missouri
$72K
MWM
152
Mascoma Wealth Management
New Hampshire
$72K +$49.3K +3,200 +178%
BC
153
Bartlett & Co
Ohio
$70K
SA
154
SRH Advisors
Kansas
$60K
APA
155
American Portfolios Advisors
New York
$57.2K +$57.1K +3,705 New
TA
156
Townsend & Associates
Colorado
$51K +$50.4K +3,275 New
AIM
157
Anchor Investment Management
South Carolina
$50.2K +$5.58K +362 +13%
BRC
158
Bell Rock Capital
Delaware
$45K -$14.2K -921 -24%
Bank of Montreal
159
Bank of Montreal
Ontario, Canada
$45K
NL
160
NVWM LLC
Pennsylvania
$33K +$32.6K +2,118 New
CFA
161
Carroll Financial Associates
North Carolina
$32K
ECM
162
Estabrook Capital Management
New York
$31.2K
CAL
163
Capital Advisors Ltd
Ohio
$31K
WTB
164
Washington Trust Bank
Washington
$30K -$21.5K -1,396 -42%
PWM
165
Perigon Wealth Management
California
$30K
AIM
166
Advantage Investment Management
Iowa
$29K
SSB
167
Sandy Spring Bank
Maryland
$28K
WTC
168
WhitTier Trust Company
Nevada
$27K
CAC
169
Certified Advisory Corp
Florida
$27K +$27.2K +1,769 New
SHJ
170
Sharkey, Howes & Javer
Colorado
$24K
AC
171
Avestar Capital
New York
$23K +$23.8K +1,543 New
FMII
172
Farmers & Merchants Investments Inc
Nebraska
$15K
RWA
173
Ropes Wealth Advisors
Massachusetts
$15K
PG
174
Patten Group
Tennessee
$14K +$13.7K +888 New
FMB
175
Field & Main Bank
Kentucky
$13K +$13.3K +866 New

NVG Hedge Fund Activity: Q4 2017 in Review

180 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q4 2017, worth a combined $309M — down 2% from $316M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new NVG positions and 20 closed out — a net gain of 9 holders — while 43 added to existing stakes and 39 trimmed.

The largest buyer was SEI Investments, adding an estimated $2.65M. The largest seller was Wells Fargo, cutting an estimated $10.8M.

  • 180 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q4 2017, up from 172 in Q3 2017.
  • Funds reported $309M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q4 2017, down 2% quarter-over-quarter.
  • 29 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q4 2017 and 20 closed out, a net change of +9 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q4 2017 was SEI Investments, an estimated $2.65M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q4 2017 was Wells Fargo, an estimated $10.8M sold.

Based on aggregated 13F filings for Q4 2017.