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Nuveen AMT-Free Municipal Credit Income Fund

243 hedge funds and large institutions have $436M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 88 increasing their positions, 56 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 56

13% more capital invested

Capital invested by funds: $384M → $436M (+$51.8M)

1.92% more ownership

Funds ownership: 15.53%17.46% (+1.9%)

3% less funds holding

Funds holding: 250243 (-7)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

15% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 27

Holders
243
Holders Change
-7
Holders Change %
-2.8%
% of All Funds
3.82%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.09%
New
23
Increased
88
Reduced
56
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FIA
201
FNY Investment Advisers
New York
$44K
IA
202
IFP Advisors
Florida
$43.2K -$22.5K -1,933 -34%
DAM
203
Delta Asset Management
Tennessee
$42.4K
MA
204
Montag & Associates
Georgia
$39.1K
UB
205
UMB Bank
Missouri
$38.7K
CWP
206
Concord Wealth Partners
Virginia
$35.1K
CNBTD
207
Citizens National Bank Trust Department
Mississippi
$35.1K
ADL
208
Asset Dedication LLC
California
$34K
Bessemer Group
209
Bessemer Group
New Jersey
$34K +$2.45K +211 +8%
CT
210
Cambridge Trust
Massachusetts
$32.9K
PIAS
211
PCA Investment Advisory Services
Ohio
$32.4K +$32.2K +2,772 New
PFPT
212
Pinnacle Financial Partners (Tennessee)
Tennessee
$29.4K
BCWM
213
Bartlett & Co Wealth Management
Ohio
$28.2K +$22.8K +1,963 +451%
BC
214
Bartlett & Co
Ohio
$28K +$22.8K +1,963 +451%
JMF
215
Johnson Midwest Financial
Iowa
$25.2K +$267 +23 +1%
TCM
216
Tradewinds Capital Management
Washington
$22.6K
JFA
217
JNBA Financial Advisors
Minnesota
$21.6K
CHA
218
Carmichael Hill & Associates
Maryland
$18.8K
ATC
219
Adirondack Trust Company
New York
$18.3K
TC
220
Truvestments Capital
Florida
$17.5K
FMP
221
Financial Management Professionals
Texas
$17K +$186 +16 +1%
N
222
Natixis
France
$14.4K -$697K -60,021 -98%
SIS
223
Sound Income Strategies
Florida
$13.3K
BLC
224
Brown, Lisle/Cummings
Rhode Island
$12.5K +$12.5K +1,072 New
MHR
225
Matthew Hamilton Rosenberg
$11.4K

NVG Hedge Fund Activity: Q2 2023 in Review

243 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2023, worth a combined $436M — up 13% from $384M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NVG and 23 opened new positions — a net loss of 4 holders — while 56 trimmed existing stakes and 88 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $17.9M. The largest seller was Guggenheim Capital, cutting an estimated $7.97M.

  • 243 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2023, down from 250 in Q1 2023.
  • Funds reported $436M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2023, up 13% quarter-over-quarter.
  • 23 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2023 and 27 closed out, a net change of -4 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2023 was Rivernorth Capital Management, an estimated $17.9M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2023 was Guggenheim Capital, an estimated $7.97M sold.

Based on aggregated 13F filings for Q2 2023.