Nuveen AMT-Free Municipal Credit Income Fund
186 hedge funds and large institutions have $285M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2019 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 57 increasing their positions, 42 reducing their positions, and 20 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 42
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
0.77% less ownership
Funds ownership: 9.55% → 8.79% (-0.77%)
3% less capital invested
Capital invested by funds: $293M → $285M (-$8.56M)
1% less funds holding
Funds holding: 188 → 186 (-2)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.51M |
| 2 |
N
Natixis
Paris,
France
|
+$1.04M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$861K |
| 4 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$597K |
| 5 |
Citigroup
New York
|
+$496K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$5.99M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.37M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.17M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$3.97M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.34M |
NVG Hedge Fund Activity: Q2 2019 in Review
186 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2019, worth a combined $285M — down 2.9% from $293M a quarter earlier.
Fund positioning in NVG was balanced in Q2 2019: 20 funds opened new positions, 20 closed out, 57 added to existing stakes and 42 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.51M. The largest seller was Oxbow Advisors, cutting an estimated $5.99M.
- 186 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2019, down from 188 in Q1 2019.
- Funds reported $285M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2019, down 2.9% quarter-over-quarter.
- 20 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2019 and 20 closed out, a net change of 0 holders.
- The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2019 was Guggenheim Capital, an estimated $1.51M added.
- The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2019 was Oxbow Advisors, an estimated $5.99M sold.
Based on aggregated 13F filings for Q2 2019.