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Nuveen AMT-Free Municipal Credit Income Fund
NVG

218 hedge funds and large institutions have $391M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2020 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 72 increasing their positions, 46 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 46

5% more capital invested

Capital invested by funds: $371M → $391M (+$20M)

0.09% more ownership

Funds ownership: 11.82% → 11.91% (+0.09%)

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

8% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 24

2% less funds holding

Funds holding: 222 → 218 (-4)

Holders
218
Holders Change
-4
Holders Change %
-1.8%
% of All Funds
4.47%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.08%
New
22
Increased
72
Reduced
46
Closed
24
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
+$15.4M
2
JFGIW
Johnson Financial Group Inc (Wisconsin)
Wisconsin
+$7.64M
3
RCM
Robinson Capital Management
Michigan
+$4.1M
4
SIA
Sit Investment Associates
Minnesota
+$2.42M
5
RCM
Rivernorth Capital Management
Florida
+$2.16M

Top Sellers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
-$15.8M
2
OA
Oxbow Advisors
Texas
-$5.38M
3
VCM
Vivaldi Capital Management
Illinois
-$4.15M
4
N
Natixis
France
-$3.97M
5
LCM
Landscape Capital Management
New Jersey
-$2.87M
Name Holding Trade Value Shares
Change 		Change in
Stake
LS
201
Leelyn Smith
Illinois
$10K – – –
SFA
202
Semmax Financial Advisors
North Carolina
$10K +$117 +8 +1%
EWM
203
Edge Wealth Management
New York
$9K -$18.8K -1,283 -69%
MRCM
204
M&R Capital Management
New Jersey
$9K – – –
BWA
205
BDO Wealth Advisors
Florida
$8K – – –
WAM
206
Wolverine Asset Management
Illinois
$7K -$152K -10,390 -95%
BC
207
Bartlett & Co
Ohio
$7K – – –
BCWM
208
Bartlett & Co Wealth Management
Ohio
$6.67K – – –
1IA
209
1834 Investment Advisors
Wisconsin
$6K – – –
FCA
210
FinTrust Capital Advisors
South Carolina
$3K – – –
AWM
211
Avior Wealth Management
Nebraska
$3K +$3.18K +217 New
FP
212
Financial Perspectives
Minnesota
$2.98K – – –
JCM
213
Jacobi Capital Management
Pennsylvania
$2K – – –
LWM
214
Liberty Wealth Management
California
$2K +$29 +2 +2%
WEC
215
Winslow Evans & Crocker
Massachusetts
$1K -$15 -1 -2%
WAS
216
Winch Advisory Services
Wisconsin
$1K +$15 +1 +3%
TI
217
tru Independence
Oregon
$35 – – –
KIM
218
Karpus Investment Management
New York
– -$15.8M -1,073,568 Closed
VCM
219
Vivaldi Capital Management
Illinois
– -$4.15M -282,918 Closed
6M
220
6 Meridian
Kansas
– -$2.01M -137,015 Closed
MCM
221
Maryland Capital Management
Maryland
– -$683K -46,550 Closed
FM
222
Family Management
New York
– -$516K -35,181 Closed
ACA
223
Ackerman Capital Advisors
Texas
– -$469K -31,955 Closed
FIA
224
FNY Investment Advisers
New York
– -$303K -20,661 Closed
GLLW
225
Graves Light Lenhart Wealth
Virginia
– -$289K -19,672 Closed
6 7 8
9
10

NVG Hedge Fund Activity: Q2 2020 in Review

218 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2020, worth a combined $391M — up 5.4% from $371M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of NVG and 22 opened new positions — a net loss of 2 holders — while 46 trimmed existing stakes and 72 added.

The largest buyer was Guggenheim Capital, adding an estimated $15.4M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $15.8M sold.

  • 218 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2020, down from 222 in Q1 2020.
  • Funds reported $391M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2020, up 5.4% quarter-over-quarter.
  • 22 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2020 and 24 closed out, a net change of -2 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2020 was Guggenheim Capital, an estimated $15.4M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2020 was Karpus Investment Management, an estimated $15.8M sold.

Based on aggregated 13F filings for Q2 2020.