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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
PIA
176
Powell Investment Advisors
Florida
$160K -$461K -39,268 -75%
MWM
177
Meridian Wealth Management
Kentucky
$160K -$17.6K -1,503 -10%
Susquehanna International Group
178
Susquehanna International Group
Pennsylvania
$157K +$152K +12,952 New
RCG
179
Regatta Capital Group
California
$155K -$1.49M -127,250 -91%
WB
180
Webster Bank
Connecticut
$153K
FAG
181
Fortitude Advisory Group
Washington
$150K
AA
182
Ancora Advisors
Ohio
$148K
GVAG
183
Great Valley Advisor Group
Delaware
$146K +$141K +12,023 New
WFA
184
WMG Financial Advisors
Tennessee
$145K
SWM
185
SeaCrest Wealth Management
New York
$143K +$1.41K +120 +1%
SFA
186
Sequoia Financial Advisors
Ohio
$142K +$138K +11,736 New
SPC
187
Sigma Planning Corp
Michigan
$137K -$22.1K -1,886 -14%
XT
188
XTX Topco
Cayman Islands
$136K +$132K +11,218 New
PWM
189
Perigon Wealth Management
California
$136K +$132K +11,215 New
Financial Engines Advisors
190
Financial Engines Advisors
California
$136K
NCM
191
Next Capital Management
New York
$131K
SBIA
192
Sheaff Brock Investment Advisors
Indiana
$130K
SFG
193
SevenBridge Financial Group
Pennsylvania
$130K +$126K +10,709 New
HVIA
194
Hudson Valley Investment Advisors
New York
$127K
ASN
195
Advisory Services Network
Georgia
$99.2K -$70.8K -6,034 -42%
S
196
SignatureFD
Georgia
$97.1K +$93.9K +8,000 New
MWM
197
Mascoma Wealth Management
New Hampshire
$84.6K
GI
198
Gradient Investments
Minnesota
$82.7K
NSIM
199
North Star Investment Management
Illinois
$81.4K
BONH
200
Bank of New Hampshire
New Hampshire
$65K

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.