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.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+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: 172 → 180 (+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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$2.65M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.44M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.33M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$1.12M |
| 5 |
BF
BOK Financial
Tulsa,
Oklahoma
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$10.8M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.51M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.1M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.57M |
| 5 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
-$1.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$16K | -1,047 | Closed |
|
|
FFC
202
First Financial Corp
Terre Haute,
Indiana
| – | -$10K | -640 | Closed |
|
|
FANJ
203
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$5K | -300 | Closed |
|
|
FPB
204
First PREMIER Bank
Sioux Falls,
South Dakota
| – | -$3K | -216 | Closed |
|
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.