Goldman Sachs MLP Income Opportunities Fund
GMZ was delisted on the 25th of September, 2020.
42 hedge funds and large institutions have $87M invested in Goldman Sachs MLP Income Opportunities Fund in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 9 closing their positions.
9% less funds holding
Funds holding: 46 → 42 (-4)
10% less capital invested
Capital invested by funds: $96.8M → $87M (-$9.74M)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.08M |
| 2 |
Morgan Stanley
New York
|
+$1.51M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.4M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$591K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$340K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$777K |
| 2 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$528K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$496K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$480K |
| 5 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
-$465K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$20K | -314 | Closed |
|
|
LNB
52
Ledyard National Bank
| – | -$9K | -146 | Closed |
|
GMZ Hedge Fund Activity: Q1 2018 in Review
42 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Income Opportunities Fund (GMZ) for Q1 2018, worth a combined $87M — down 10% from $96.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GMZ and 5 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 11 added.
The largest buyer was Wells Fargo, adding an estimated $2.08M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $777K sold.
- 42 institutional investors held Goldman Sachs MLP Income Opportunities Fund (GMZ) as of Q1 2018, down from 46 in Q4 2017.
- Funds reported $87M of Goldman Sachs MLP Income Opportunities Fund stock for Q1 2018, down 10% quarter-over-quarter.
- 5 funds opened new Goldman Sachs MLP Income Opportunities Fund positions in Q1 2018 and 9 closed out, a net change of -4 holders.
- The largest Goldman Sachs MLP Income Opportunities Fund buyer in Q1 2018 was Wells Fargo, an estimated $2.08M added.
- The largest Goldman Sachs MLP Income Opportunities Fund seller in Q1 2018 was Rivernorth Capital Management, an estimated $777K sold.
Based on aggregated 13F filings for Q1 2018.