Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

NUVEEN AMT FREE MUN CR INC F (NVG)

236 + Investors. Track Smart Money conviction in NVG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
57%

Smart Money Signals — NVG

Based on 236 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NVG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 93% of 3.0Y peak

93% of all-time peak
236 funds currently hold this stock — 93% of the 3.0-year high of 255 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 7% fewer funds vs a year ago

fund count last 6Q
19 fewer hedge funds hold NVG compared to a year ago (-7% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 57% buying

116 buying86 selling
Last quarter: 116 funds bought or added vs 86 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new NVG position: 24 → 24 → 23 → 30. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 20% medium ■ 17% new
149 out of 236 hedge funds have held NVG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -13%, value -98%

Value
-97%
Shares
-13%
Last quarter: funds added -13% more shares while total portfolio value only changed -98%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

40 → 24 → 24 → 23 → 30 new funds/Q
New funds entering each quarter: 24 → 24 → 23 → 30. A growing number of institutions are discovering NVG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 62% of holders stayed 2+ years

■ 62% veterans ■ 16% 1-2yr ■ 22% new
Of 236 current holders: 147 (62%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
13 of 236 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: NVG

How many hedge funds hold NVG — quarterly history vs. share price
Quarterly hedge fund ownership of NVG vs. share price

Market Analysis: NVG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NVG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

23 top-rated funds 1 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
2.2
/ 10
conviction
Hedge Fund Positioning: NVG
2026 Q1 Stats Unlock in 11 days 236 + Investors

Track Smart Money conviction in NVG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 236 237 -0.42%
13F Shares 32M 37M -13.3%
Total Value $408M $17.59B -97.68%
New Positions 30 23 +7
Increased Positions 86 77 +9
Closed Positions 31 22 +9
Reduced Positions 55 59 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NVG

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

236 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NVG. Verified SEC 13F-HR filings.

Top 25 institutional holders of NVG — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Artesa Financial Group, LLC 13.09% 1,114,100 $13.7M
2 Congress Park Capital LLC 2.21% 583,000 $7.2M
3 Left Brain Wealth Management, LLC 2.21% 455,461 $5.6M
4 MELFA WEALTH MANAGEMENT, INC. 1.29% 182,448 $2.2M
5 Gridiron Partners, LLC 1.25% 166,284 $2.1M
6 Worthington Financial Partners, LLC 1.04% 97,753 $1.2M
7 KENNEDY INVESTMENT GROUP, INC. 0.77% 159,518 $2.0M
8 FSA Advisors, Inc. 0.75% 92,714 $1.1M
9 Cornerstone Advisory, LLC 0.74% 636,473 $7.8M
10 LaSalle St. Investment Advisors, LLC 0.64% 368,573 $4.5M
11 Broyhill Asset Management, LLC 0.53% 46,362 $572K
12 Melone Private Wealth, LLC 0.50% 100,164 $1.2M
13 Whipplewood Advisors, LLC 0.47% 72,954 $900K
14 SILVERLAKE WEALTH MANAGEMENT LLC 0.32% 122,454 $1.5M
15 Kercheville Advisors, LLC 0.26% 66,600 $821K
16 InTrack Investment Management Inc 0.26% 36,672 $452K
17 Tyche Wealth Partners LLC 0.23% 122,352 $1.5M
18 Mathes Company, Inc. 0.23% 51,500 —
19 CHAPIN DAVIS, INC. 0.22% 80,406 $991K
20 Aurora Private Wealth, Inc. 0.19% 21,413 —
21 Burford Brothers, Inc. 0.19% 37,778 $466K
22 Ranch Capital Advisors Inc. 0.19% 42,652 $526K
23 Walker Asset Management, LLC 0.18% 27,225 $336K
24 Saxony Capital Management, LLC 0.17% 24,388 $301K
25 Element Wealth, LLC 0.14% 26,933 $332K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — NUVEEN AMT FREE MUN CR INC F (NVG)

What does the Smart Money Trend signal show for NVG?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NVG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for NVG?

Slight buying edge — 57% buying: Last quarter: 116 funds bought or added vs 86 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NVG holders?

Strong quality — 30% AUM from major funds: 13 of 236 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held NVG?

63% of holders stayed for 2+ years: 149 out of 236 hedge funds have held NVG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.