Goldman Sachs MLP Income Opportunities Fund
GMZ was delisted on the 25th of September, 2020.
35 hedge funds and large institutions have $62.9M invested in Goldman Sachs MLP Income Opportunities Fund in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 6 closing their positions.
10% less funds holding
Funds holding: 39 → 35 (-4)
13% less capital invested
Capital invested by funds: $72.4M → $62.9M (-$9.5M)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QPWM
Quadrant Private Wealth Management
Center Valley,
Pennsylvania
|
+$4.64M |
| 2 |
Morgan Stanley
New York
|
+$681K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$465K |
| 4 |
GLLW
Graves Light Lenhart Wealth
Harrisonburg,
Virginia
|
+$167K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$93.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.01M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$691K |
| 3 |
PPW
Pasadena Private Wealth
Pasadena,
California
|
-$427K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$413K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$255K |
GMZ Hedge Fund Activity: Q3 2019 in Review
35 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Income Opportunities Fund (GMZ) for Q3 2019, worth a combined $62.9M — down 13% from $72.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GMZ and 2 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 8 added.
The largest buyer was Quadrant Private Wealth Management, opening a new position worth an estimated $4.64M. The largest seller was Guggenheim Capital, cutting an estimated $1.01M.
- 35 institutional investors held Goldman Sachs MLP Income Opportunities Fund (GMZ) as of Q3 2019, down from 39 in Q2 2019.
- Funds reported $62.9M of Goldman Sachs MLP Income Opportunities Fund stock for Q3 2019, down 13% quarter-over-quarter.
- 2 funds opened new Goldman Sachs MLP Income Opportunities Fund positions in Q3 2019 and 6 closed out, a net change of -4 holders.
- The largest Goldman Sachs MLP Income Opportunities Fund buyer in Q3 2019 was Quadrant Private Wealth Management, an estimated $4.64M added.
- The largest Goldman Sachs MLP Income Opportunities Fund seller in Q3 2019 was Guggenheim Capital, an estimated $1.01M sold.
Based on aggregated 13F filings for Q3 2019.