Goldman Sachs MLP Income Opportunities Fund
GMZ was delisted on the 25th of September, 2020.
38 hedge funds and large institutions have $77.4M invested in Goldman Sachs MLP Income Opportunities Fund in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 9 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
10% more capital invested
Capital invested by funds: $70.5M → $77.4M (+$6.85M)
12% less funds holding
Funds holding: 43 → 38 (-5)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.65M |
| 2 |
Millennium Management
New York
|
+$474K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$465K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$391K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
+$302K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.57M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.25M |
| 3 |
Morgan Stanley
New York
|
-$869K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$702K |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$627K |
GMZ Hedge Fund Activity: Q1 2019 in Review
38 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Income Opportunities Fund (GMZ) for Q1 2019, worth a combined $77.4M — up 9.7% from $70.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GMZ and 4 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 13 added.
The largest buyer was First Foundation Advisors, adding an estimated $1.65M. The largest seller was Advisors Asset Management, cutting an estimated $1.57M.
- 38 institutional investors held Goldman Sachs MLP Income Opportunities Fund (GMZ) as of Q1 2019, down from 43 in Q4 2018.
- Funds reported $77.4M of Goldman Sachs MLP Income Opportunities Fund stock for Q1 2019, up 9.7% quarter-over-quarter.
- 4 funds opened new Goldman Sachs MLP Income Opportunities Fund positions in Q1 2019 and 9 closed out, a net change of -5 holders.
- The largest Goldman Sachs MLP Income Opportunities Fund buyer in Q1 2019 was First Foundation Advisors, an estimated $1.65M added.
- The largest Goldman Sachs MLP Income Opportunities Fund seller in Q1 2019 was Advisors Asset Management, an estimated $1.57M sold.
Based on aggregated 13F filings for Q1 2019.