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Nuveen AMT-Free Municipal Credit Income Fund

242 hedge funds and large institutions have $397M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2021 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 86 increasing their positions, 52 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 52

0% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 23

0.32% less ownership

Funds ownership: 11.29%10.96% (-0.32%)

2% less capital invested

Capital invested by funds: $405M → $397M (-$7.83M)

1% less funds holding

Funds holding: 245242 (-3)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
242
Holders Change
-3
Holders Change %
-1.22%
% of All Funds
4.25%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
23
Increased
86
Reduced
52
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$60M +$97.6K +5,850 +0.2%
Morgan Stanley
2
Morgan Stanley
New York
$27.3M -$6.7M -401,225 -20%
Wells Fargo
3
Wells Fargo
California
$22M -$4.96M -296,973 -19%
UBS Group
4
UBS Group
Switzerland
$21.9M -$3.35M -200,968 -13%
VanEck Associates
5
VanEck Associates
New York
$13.6M +$803K +48,082 +6%
Osaic Holdings
6
Osaic Holdings
Arizona
$11.1M +$734K +43,946 +7%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$9.71M +$431K +25,834 +5%
LPL Financial
8
LPL Financial
California
$9.59M +$326K +19,545 +4%
RCM
9
Rivernorth Capital Management
Florida
$9.13M +$11.8K +705 +0.1%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$8.64M +$640K +38,348 +8%
Stifel Financial
11
Stifel Financial
Missouri
$8.39M +$151K +9,057 +2%
HWAM
12
Hennion & Walsh Asset Management
New Jersey
$7.59M +$7.5M +449,109 New
JFGIW
13
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$7.5M -$134K -8,000 -2%
SIA
14
Sit Investment Associates
Minnesota
$6.98M -$2.54M -152,165 -27%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$6.91M -$274K -16,390 -4%
N
16
Natixis
France
$6.25M -$3.21M -192,299 -34%
Bank of America
17
Bank of America
North Carolina
$6.04M -$361K -21,630 -6%
Ameriprise
18
Ameriprise
Minnesota
$5.74M -$166K -9,920 -3%
RJA
19
Raymond James & Associates
Florida
$5.72M +$670K +40,123 +13%
DLG
20
Daniel L. Goodwin
$4.27M
AAM
21
Advisors Asset Management
Colorado
$3.96M +$136K +8,165 +4%
KAS
22
Kestra Advisory Services
Texas
$3.79M -$3.85M -230,544 -51%
Truist Financial
23
Truist Financial
North Carolina
$3.68M +$1.23M +73,518 +51%
DTIM
24
Danda Trouve Investment Management
Kansas
$3.62M +$115K +6,874 +3%
Northwestern Mutual Wealth Management
25
Northwestern Mutual Wealth Management
Wisconsin
$3.55M +$447K +26,767 +15%

NVG Hedge Fund Activity: Q1 2021 in Review

242 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q1 2021, worth a combined $397M — down 1.9% from $405M a quarter earlier.

Fund positioning in NVG was balanced in Q1 2021: 23 funds opened new positions, 23 closed out, 86 added to existing stakes and 52 trimmed.

The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $3.32M. The largest seller was Morgan Stanley, cutting an estimated $6.7M.

  • 242 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q1 2021, down from 245 in Q4 2020.
  • Funds reported $397M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q1 2021, down 1.9% quarter-over-quarter.
  • 23 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q1 2021 and 23 closed out, a net change of 0 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q1 2021 was Parametric Portfolio Associates, an estimated $3.32M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q1 2021 was Morgan Stanley, an estimated $6.7M sold.

Based on aggregated 13F filings for Q1 2021.