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Nuveen AMT-Free Municipal Credit Income Fund

250 hedge funds and large institutions have $364M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2022 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 57 increasing their positions, 82 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 36

26% more capital invested

Capital invested by funds: $289M → $364M (+$74.6M)

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

5% more funds holding

Funds holding: 239250 (+11)

2.51% more ownership

Funds ownership: 11.58%14.08% (+2.5%)

30% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 82

Holders
250
Holders Change
+11
Holders Change %
+4.6%
% of All Funds
4.02%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
52
Increased
57
Reduced
82
Closed
36
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WMA
151
Wealth Management Associates
New Jersey
$203K +$411 +35 +0.2%
PWM
152
Prosperity Wealth Management
California
$202K +$196K +16,663 New
MCA
153
Magnolia Capital Advisors
Mississippi
$202K
FLPIM
154
F.L. Putnam Investment Management
Massachusetts
$201K
DWM
155
Drive Wealth Management
Utah
$200K -$127K -10,857 -40%
OC
156
Oppenheimer & Co
New York
$199K -$3.63K -309 -2%
SC
157
SouthState Corp
Florida
$197K
DWM
158
Dakota Wealth Management
Florida
$194K
RIA
159
Realta Investment Advisors
Delaware
$190K +$646 +55 +0.4%
RPCA
160
Running Point Capital Advisors
California
$189K +$65.7K +5,600 +56%
SL
161
Sentinus LLC
Illinois
$187K +$3.44K +293 +2%
LNWWM
162
Laird Norton Wetherby Wealth Management
California
$184K +$177K +15,120 New
PMG
163
ProVise Management Group
Florida
$183K -$16.4K -1,400 -8%
ECM
164
Evergreen Capital Management
Washington
$182K +$176K +14,984 New
CCG
165
Ceeto Capital Group
Florida
$180K
MC
166
Moors & Cabot
Massachusetts
$179K -$88.9K -7,570 -34%
CAG
167
Csenge Advisory Group
Florida
$178K +$5.73K +488 +3%
IC
168
IEQ Capital
California
$176K +$211 +18 +0.1%
CD
169
Chapin Davis
Maryland
$175K +$169K +14,418 New
KWM
170
Kingsview Wealth Management
Oregon
$174K
FMC
171
First Merchants Corp
Indiana
$168K +$11.5K +978 +8%
CBTWT
172
Community Bank & Trust (Waco, Texas)
Texas
$166K -$25.4K -2,166 -14%
PGFC
173
Peapack-Gladstone Financial Corp
New Jersey
$162K -$65.2K -5,554 -29%
PA
174
PFG Advisors
Arizona
$162K
PFGIA
175
Patriot Financial Group Insurance Agency
Massachusetts
$161K -$2.62K -223 -2%

NVG Hedge Fund Activity: Q4 2022 in Review

250 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q4 2022, worth a combined $364M — up 26% from $289M a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new NVG positions and 36 closed out — a net gain of 16 holders — while 57 added to existing stakes and 82 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $12.3M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $4.42M.

  • 250 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q4 2022, up from 239 in Q3 2022.
  • Funds reported $364M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q4 2022, up 26% quarter-over-quarter.
  • 52 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q4 2022 and 36 closed out, a net change of +16 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q4 2022 was Rivernorth Capital Management, an estimated $12.3M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q4 2022 was Raymond James Financial Services Advisors, an estimated $4.42M sold.

Based on aggregated 13F filings for Q4 2022.