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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
PTC
201
Private Trust Company
Ohio
$62K
AF
202
Allworth Financial
California
$58.7K +$3K +256 +6%
AIM
203
Anchor Investment Management
South Carolina
$48.6K -$13.1K -1,120 -22%
DAM
204
Delta Asset Management
Tennessee
$44K +$42.6K +3,625 New
MA
205
Montag & Associates
Georgia
$40.4K -$23.5K -2,002 -38%
UB
206
UMB Bank
Missouri
$40K +$38.8K +3,307 New
DCM
207
Davidson Capital Management
Texas
$39.2K +$37.9K +3,225 New
CWP
208
Concord Wealth Partners
Virginia
$36.5K +$35.3K +3,003 New
CNBTD
209
Citizens National Bank Trust Department
Mississippi
$36K -$11.7K -1,000 -25%
ADL
210
Asset Dedication LLC
California
$35K
CT
211
Cambridge Trust
Massachusetts
$34K
MCC
212
Money Concepts Capital
Florida
$32.2K +$31.1K +2,649 New
PFPT
213
Pinnacle Financial Partners (Tennessee)
Tennessee
$30.5K
SSB
214
Sandy Spring Bank
Maryland
$30.4K
RBC
215
Romano Brothers & Co
Illinois
$29.9K +$28.9K +2,464 New
JMF
216
Johnson Midwest Financial
Iowa
$26K +$470 +40 +2%
NL
217
NVWM LLC
Pennsylvania
$25.7K
HNWAG
218
High Net Worth Advisory Group
Florida
$24.3K
TCM
219
Tradewinds Capital Management
Washington
$23.4K
AFG
220
Albion Financial Group
Utah
$23.4K
JFA
221
JNBA Financial Advisors
Minnesota
$22.4K
TC
222
Truvestments Capital
Florida
$18.2K
EWA
223
EverSource Wealth Advisors
Alabama
$18K +$17.4K +1,480 New
FMP
224
Financial Management Professionals
Texas
$17K +$235 +20 +1%
WT
225
Washington Trust
Rhode Island
$15.8K

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.