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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
CBTWT
151
Community Bank & Trust (Waco, Texas)
Texas
$185K +$24.4K +2,166 +16%
RIA
152
Realta Investment Advisors
Delaware
$182K
SQA
153
Simon Quick Advisors
New Jersey
$173K +$189K +16,754 New
CD
154
Chapin Davis
Maryland
$170K +$12.6K +1,122 +7%
IA
155
IFP Advisors
Florida
$170K +$144K +12,773 +346%
BFEC
156
Benjamin F. Edwards & Company
Missouri
$169K -$4.51K -400 -2%
HKAM
157
Horizon Kinetics Asset Management
New York
$162K -$7.62K -676 -4%
LNWWM
158
Laird Norton Wetherby Wealth Management
California
$158K -$9.42K -836 -5%
MNBTD
159
Moody National Bank Trust Division
Texas
$155K +$54.6K +4,848 +48%
IC
160
IEQ Capital
California
$149K +$11 +1 +0%
VAG
161
VisionPoint Advisory Group
Texas
$148K -$31.1K -2,761 -16%
WMA
162
Wealth Management Associates
New Jersey
$148K -$11.3K -1,000 -7%
CAG
163
Csenge Advisory Group
Florida
$146K
FAG
164
Fortitude Advisory Group
Washington
$146K +$15.2K +1,345 +11%
DWM
165
Dakota Wealth Management
Florida
$144K
PWM
166
Perigon Wealth Management
California
$141K +$282 +25 +0.2%
MWM
167
Meridian Wealth Management
Kentucky
$136K
US Bancorp
168
US Bancorp
Minnesota
$134K -$30.4K -2,699 -17%
PA
169
PFG Advisors
Arizona
$134K -$3.94K -350 -3%
FMC
170
First Merchants Corp
Indiana
$133K
AWM
171
AE Wealth Management
Kansas
$131K -$7.25K -643 -5%
CB
172
Commerce Bank
Missouri
$130K -$241K -21,420 -63%
PMG
173
ProVise Management Group
Florida
$128K -$32.6K -2,894 -19%
AA
174
Ancora Advisors
Ohio
$126K
PGFC
175
Peapack-Gladstone Financial Corp
New Jersey
$124K -$11.1K -989 -8%

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.