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Nuveen AMT-Free Municipal Credit Income Fund

239 hedge funds and large institutions have $289M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2022 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 64 increasing their positions, 74 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.07% more ownership

Funds ownership: 11.5%11.58% (+0.07%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

6% less funds holding

Funds holding: 254239 (-15)

10% less capital invested

Capital invested by funds: $322M → $289M (-$32.7M)

14% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 74

35% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 31

Holders
239
Holders Change
-15
Holders Change %
-5.91%
% of All Funds
4.12%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
20
Increased
64
Reduced
74
Closed
31
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$39.9M +$743K +54,557 +2%
Morgan Stanley
2
Morgan Stanley
New York
$18.3M -$416K -30,519 -2%
HWAM
3
Hennion & Walsh Asset Management
New Jersey
$14.9M -$972K -71,383 -5%
Wells Fargo
4
Wells Fargo
California
$13.9M -$1.08M -79,571 -6%
UBS Group
5
UBS Group
Switzerland
$13M -$631K -46,354 -4%
Osaic Holdings
6
Osaic Holdings
Arizona
$11.4M +$1.6M +117,742 +14%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$10.7M +$767K +56,317 +7%
VanEck Associates
8
VanEck Associates
New York
$8.8M -$171K -12,539 -2%
Bank of America
9
Bank of America
North Carolina
$8.67M +$2.4M +175,868 +31%
LPL Financial
10
LPL Financial
California
$7.79M -$644K -47,248 -7%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$7.22M -$32.8K -2,408 -0.4%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$4.96M -$655K -48,100 -10%
Stifel Financial
13
Stifel Financial
Missouri
$4.8M -$409K -30,009 -7%
RJA
14
Raymond James & Associates
Florida
$4.75M -$517K -37,972 -9%
Ameriprise
15
Ameriprise
Minnesota
$4.68M +$1.72M +126,356 +46%
JFGIW
16
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$4.25M -$320K -23,500 -6%
AAM
17
Advisors Asset Management
Colorado
$3.64M +$588K +43,166 +16%
DLG
18
Daniel L. Goodwin
$2.95M
Truist Financial
19
Truist Financial
North Carolina
$2.71M -$30.4K -2,231 -1%
DTIM
20
Danda Trouve Investment Management
Kansas
$2.71M -$97.5K -7,161 -3%
SIA
21
Sit Investment Associates
Minnesota
$2.67M -$817K -59,976 -21%
RB
22
Richmond Brothers
Michigan
$2.51M +$67.3K +4,942 +2%
PCM
23
Penserra Capital Management
California
$2.42M +$2.83M +207,600 New
WF
24
Welch & Forbes
Massachusetts
$2.24M
Northwestern Mutual Wealth Management
25
Northwestern Mutual Wealth Management
Wisconsin
$2.2M -$317K -23,310 -11%

NVG Hedge Fund Activity: Q3 2022 in Review

239 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q3 2022, worth a combined $289M — down 10% from $322M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of NVG and 20 opened new positions — a net loss of 11 holders — while 74 trimmed existing stakes and 64 added.

The largest buyer was Penserra Capital Management, opening a new position worth an estimated $2.83M. The largest seller was Wells Fargo, cutting an estimated $1.08M.

  • 239 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q3 2022, down from 254 in Q2 2022.
  • Funds reported $289M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q3 2022, down 10% quarter-over-quarter.
  • 20 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q3 2022 and 31 closed out, a net change of -11 holders.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q3 2022 was Penserra Capital Management, an estimated $2.83M added.
  • The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q3 2022 was Wells Fargo, an estimated $1.08M sold.

Based on aggregated 13F filings for Q3 2022.