Goldman Sachs MLP Income Opportunities Fund
GMZ was delisted on the 25th of September, 2020.
34 hedge funds and large institutions have $10.6M invested in Goldman Sachs MLP Income Opportunities Fund in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 3 increasing their positions, 15 reducing their positions, and 18 closing their positions.
42% more capital invested
Capital invested by funds: $7.47M → $10.6M (+$3.17M)
13% less funds holding
Funds holding: 39 → 34 (-5)
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
80% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.65M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$597K |
| 3 |
6M
6 Meridian
Wichita,
Kansas
|
+$473K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$302K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.18M |
| 2 |
QPWM
Quadrant Private Wealth Management
Center Valley,
Pennsylvania
|
-$483K |
| 3 |
Morgan Stanley
New York
|
-$376K |
| 4 |
MGWM
Marks Group Wealth Management
Minnetonka,
Minnesota
|
-$171K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$164K |
GMZ Hedge Fund Activity: Q2 2020 in Review
34 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs MLP Income Opportunities Fund (GMZ) for Q2 2020, worth a combined $10.6M — up 42% from $7.47M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of GMZ and 13 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 3 added.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $2.65M. The largest seller was Bank of America, cutting an estimated $1.18M.
- 34 institutional investors held Goldman Sachs MLP Income Opportunities Fund (GMZ) as of Q2 2020, down from 39 in Q1 2020.
- Funds reported $10.6M of Goldman Sachs MLP Income Opportunities Fund stock for Q2 2020, up 42% quarter-over-quarter.
- 13 funds opened new Goldman Sachs MLP Income Opportunities Fund positions in Q2 2020 and 18 closed out, a net change of -5 holders.
- The largest Goldman Sachs MLP Income Opportunities Fund buyer in Q2 2020 was Cornerstone Advisors, an estimated $2.65M added.
- The largest Goldman Sachs MLP Income Opportunities Fund seller in Q2 2020 was Bank of America, an estimated $1.18M sold.
Based on aggregated 13F filings for Q2 2020.