Nuveen AMT-Free Municipal Credit Income Fund
254 hedge funds and large institutions have $322M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2022 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 82 increasing their positions, 74 reducing their positions, and 30 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 74
0.39% less ownership
Funds ownership: 11.89% → 11.5% (-0.39%)
3% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 30
1% less funds holding
Funds holding: 257 → 254 (-3)
15% less capital invested
Capital invested by funds: $376M → $322M (-$54.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.87M |
| 2 |
Morgan Stanley
New York
|
+$1.99M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.37M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.11M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$728K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.34M |
| 2 |
N
Natixis
Paris,
France
|
-$2.65M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$2.33M |
| 4 |
WAOTB
Wealth Advisors of Tampa Bay
Tampa,
Florida
|
-$2.03M |
| 5 |
VanEck Associates
New York
|
-$1.9M |
NVG Hedge Fund Activity: Q2 2022 in Review
254 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2022, worth a combined $322M — down 15% from $376M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of NVG and 29 opened new positions — a net loss of 1 holder — while 74 trimmed existing stakes and 82 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $3.87M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $6.34M sold.
- 254 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2022, down from 257 in Q1 2022.
- Funds reported $322M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2022, down 15% quarter-over-quarter.
- 29 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2022 and 30 closed out, a net change of -1 holder.
- The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2022 was Raymond James Financial Services Advisors, an estimated $3.87M added.
- The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2022 was Rivernorth Capital Management, an estimated $6.34M sold.
Based on aggregated 13F filings for Q2 2022.