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Nuveen AMT-Free Municipal Credit Income Fund

58 hedge funds and large institutions have $93.6M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 9

13% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 15

2% more funds holding

Funds holding: 5758 (+1)

0.28% less ownership

Funds ownership: 22.24%21.96% (-0.28%)

1% less capital invested

Capital invested by funds: $94.6M → $93.6M (-$1.07M)

Holders
58
Holders Change
+1
Holders Change %
+1.75%
% of All Funds
1.55%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
12
Increased
17
Reduced
15
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$29M -$4.05M -286,975 -12%
Wells Fargo
2
Wells Fargo
California
$16.1M +$7.71M +546,549 +92%
PPA
3
Parametric Portfolio Associates
Washington
$10M +$980K +69,499 +11%
RCM
4
Rivernorth Capital Management
Florida
$5.62M
RJA
5
Raymond James & Associates
Florida
$3.6M +$866K +61,389 +32%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$2.15M +$280K +19,822 +15%
AAM
7
Advisors Asset Management
Colorado
$2.06M -$110K -7,825 -5%
GC
8
Guggenheim Capital
Illinois
$2.06M -$191K -13,541 -8%
UBS Group
9
UBS Group
Switzerland
$1.93M +$1.93M +136,680 New
MCTP
10
MPAM Credit Trading Partners
Ohio
$1.93M +$1.93M +136,463 New
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$1.87M -$39.5K -2,800 -2%
HighTower Advisors
12
HighTower Advisors
Illinois
$1.8M +$94.8K +6,723 +6%
BTS
13
BB&T Securities
Virginia
$1.57M +$9.2K +652 +6%
Morgan Stanley
14
Morgan Stanley
New York
$1.5M +$116K +8,229 +8%
IA
15
Icon Advisers
Colorado
$1.04M -$289K -20,481 -22%
GEM
16
Global Endowment Management
North Carolina
$899K
CIA
17
Capital Investment Advisors
Georgia
$863K -$24.8K -1,755 -3%
COLIM
18
City of London Investment Management
United Kingdom
$791K +$353K +25,000 +81%
AQR Capital Management
19
AQR Capital Management
Connecticut
$787K +$786K +55,720 New
YP
20
Yellowstone Partners
Idaho
$670K +$16.9K +1,200 +3%
DA
21
Doliver Advisors
Texas
$581K -$280K -19,818 -32%
LCM
22
Landscape Capital Management
New Jersey
$493K +$264K +18,749 +116%
VanEck Associates
23
VanEck Associates
New York
$444K +$3.3K +234 +0.7%
LPL Financial
24
LPL Financial
California
$443K -$2.71K -192 -0.6%
PRCM
25
Pine River Capital Management
Minnesota
$438K +$438K +31,029 New

NVG Hedge Fund Activity: Q4 2014 in Review

58 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q4 2014, worth a combined $93.6M — down 1.1% from $94.6M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new NVG positions and 9 closed out — a net gain of 3 holders — while 17 added to existing stakes and 15 trimmed.

The largest buyer was Wells Fargo, adding an estimated $7.71M. The largest seller was Bulldog Investors, exiting entirely with an estimated $5.46M sold.

  • 58 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q4 2014, up from 57 in Q3 2014.
  • Funds reported $93.6M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q4 2014, down 1.1% quarter-over-quarter.
  • 12 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q4 2014 and 9 closed out, a net change of +3 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q4 2014 was Wells Fargo, an estimated $7.71M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q4 2014 was Bulldog Investors, an estimated $5.46M sold.

Based on aggregated 13F filings for Q4 2014.