Goldman Sachs MLP Income Opportunities Fund
GMZ was delisted on the 25th of September, 2020.
39 hedge funds and large institutions have $7.47M invested in Goldman Sachs MLP Income Opportunities Fund in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 4 increasing their positions, 15 reducing their positions, and 14 closing their positions.
15% less funds holding
Funds holding: 46 → 39 (-7)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
73% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 15
87% less capital invested
Capital invested by funds: $58.6M → $7.47M (-$51.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$935K |
| 2 |
MGWM
Marks Group Wealth Management
Minnetonka,
Minnesota
|
+$661K |
| 3 |
AGM
Alpine Global Management
New York
|
+$249K |
| 4 |
QPWM
Quadrant Private Wealth Management
Center Valley,
Pennsylvania
|
+$131K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$94.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.36M |
| 2 |
Morgan Stanley
New York
|
-$3.04M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.55M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$2.16M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.51M |
GMZ Hedge Fund Activity: Q1 2020 in Review
39 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Income Opportunities Fund (GMZ) for Q1 2020, worth a combined $7.47M — down 87% from $58.6M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of GMZ and 9 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 4 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $935K. The largest seller was Bank of America, cutting an estimated $3.36M.
- 39 institutional investors held Goldman Sachs MLP Income Opportunities Fund (GMZ) as of Q1 2020, down from 46 in Q4 2019.
- Funds reported $7.47M of Goldman Sachs MLP Income Opportunities Fund stock for Q1 2020, down 87% quarter-over-quarter.
- 9 funds opened new Goldman Sachs MLP Income Opportunities Fund positions in Q1 2020 and 14 closed out, a net change of -5 holders.
- The largest Goldman Sachs MLP Income Opportunities Fund buyer in Q1 2020 was Raymond James Financial Services Advisors, an estimated $935K added.
- The largest Goldman Sachs MLP Income Opportunities Fund seller in Q1 2020 was Bank of America, an estimated $3.36M sold.
Based on aggregated 13F filings for Q1 2020.