Nuveen AMT-Free Municipal Credit Income Fund
260 hedge funds and large institutions have $424M invested in Nuveen AMT-Free Municipal Credit Income Fund in 2025 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 79 increasing their positions, 67 reducing their positions, and 24 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 67
17% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 24
0% more funds holding
Funds holding: 259 → 260 (+1)
0.72% less ownership
Funds ownership: 17.33% → 16.61% (-0.72%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
47% less capital inflows, than outflows
Capital inflows: $21M | Capital outflows: $39.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
+$2.33M |
| 2 |
Morgan Stanley
New York
|
+$1.99M |
| 3 |
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$1.48M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.33M |
| 5 |
Kestra Advisory Services
Austin,
Texas
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$8.4M |
| 2 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.66M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.34M |
| 4 |
LaSalle St. Investment Advisors
Elmhurst,
Illinois
|
-$2.6M |
| 5 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.42M |
NVG Hedge Fund Activity: Q2 2025 in Review
260 of the 7,630 institutional investors tracked by Wall St. Rank reported a position in Nuveen AMT-Free Municipal Credit Income Fund (NVG) for Q2 2025, worth a combined $424M — down 7.7% from $459M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NVG positions and 24 closed out — a net gain of 4 holders — while 79 added to existing stakes and 67 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.33M. The largest seller was Rivernorth Capital Management, cutting an estimated $8.4M.
- 260 institutional investors held Nuveen AMT-Free Municipal Credit Income Fund (NVG) as of Q2 2025, up from 259 in Q1 2025.
- Funds reported $424M of Nuveen AMT-Free Municipal Credit Income Fund stock for Q2 2025, down 7.7% quarter-over-quarter.
- 28 funds opened new Nuveen AMT-Free Municipal Credit Income Fund positions in Q2 2025 and 24 closed out, a net change of +4 holders.
- The largest Nuveen AMT-Free Municipal Credit Income Fund buyer in Q2 2025 was Karpus Investment Management, an estimated $2.33M added.
- The largest Nuveen AMT-Free Municipal Credit Income Fund seller in Q2 2025 was Rivernorth Capital Management, an estimated $8.4M sold.
Based on aggregated 13F filings for Q2 2025.