Nuveen AMT-Free Municipal Credit Income Fund
220 hedge funds and large institutions have $391M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2020 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 61 increasing their positions, 50 reducing their positions, and 20 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 50
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
1% more funds holding
Funds holding: 218 → 220 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% less capital invested
Capital invested by funds: $391M → $391M (-$511K)
0.25% less ownership
Funds ownership: 11.91% → 11.66% (-0.25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.87M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$1.42M |
| 3 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$1.23M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$713K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$691K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$10.1M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.1M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.45M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.64M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.35M |
NVG Hedge Fund Activity: Q3 2020 in Review
220 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q3 2020, worth a combined $391M — down 0.13% from $391M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NVG positions and 20 closed out — a net gain of 4 holders — while 61 added to existing stakes and 50 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.87M. The largest seller was Rivernorth Capital Management, cutting an estimated $10.1M.
- 220 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q3 2020, up from 218 in Q2 2020.
- Funds reported $391M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q3 2020, down 0.13% quarter-over-quarter.
- 24 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q3 2020 and 20 closed out, a net change of +4 holders.
- The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q3 2020 was Wells Fargo, an estimated $3.87M added.
- The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q3 2020 was Rivernorth Capital Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2020.