Nuveen AMT-Free Municipal Credit Income Fund
50 hedge funds and large institutions have $82.7M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 8 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
4% more capital invested
Capital invested by funds: $79.6M → $82.7M (+$3.14M)
0.2% more ownership
Funds ownership: 19.73% → 19.93% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
2% less funds holding
Funds holding: 51 → 50 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.62M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.71M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$572K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$374K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PT Asset Management
Chicago,
Illinois
|
-$3.03M |
| 2 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$864K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$686K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$465K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$437K |
NVG Hedge Fund Activity: Q3 2015 in Review
50 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q3 2015, worth a combined $82.7M — up 3.9% from $79.6M a quarter earlier.
Fund positioning in NVG was balanced in Q3 2015: 8 funds opened new positions, 8 closed out, 16 added to existing stakes and 13 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.62M. The largest seller was PT Asset Management, cutting an estimated $3.03M.
- 50 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q3 2015, down from 51 in Q2 2015.
- Funds reported $82.7M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q3 2015, up 3.9% quarter-over-quarter.
- 8 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q3 2015 and 8 closed out, a net change of 0 holders.
- The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q3 2015 was Wells Fargo, an estimated $3.62M added.
- The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q3 2015 was PT Asset Management, an estimated $3.03M sold.
Based on aggregated 13F filings for Q3 2015.