Nuveen Floating Rate Income Opportunty Fund
JRO
JRO was delisted on the 28th of July, 2023.
60 hedge funds and large institutions have $92.5M invested in Nuveen Floating Rate Income Opportunty Fund in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 10 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
4% less capital invested
Capital invested by funds: $96.3M → $92.5M (-$3.77M)
12% less funds holding
Funds holding: 68 → 60 (-8)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.79M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$911K |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$727K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$664K |
| 5 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$432K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
-$4.31M |
| 2 |
Morgan Stanley
New York
|
-$3.42M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.59M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$2.22M |
| 5 |
JP Morgan Chase
New York
|
-$1.33M |
JRO Hedge Fund Activity: Q3 2016 in Review
60 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Opportunty Fund (JRO) for Q3 2016, worth a combined $92.5M — down 3.9% from $96.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of JRO and 3 opened new positions — a net loss of 7 holders — while 19 trimmed existing stakes and 26 added.
The largest buyer was Bank of America, adding an estimated $2.79M. The largest seller was Zuckerman Investment Group, exiting entirely with an estimated $4.31M sold.
- 60 institutional investors held Nuveen Floating Rate Income Opportunty Fund (JRO) as of Q3 2016, down from 68 in Q2 2016.
- Funds reported $92.5M of Nuveen Floating Rate Income Opportunty Fund stock for Q3 2016, down 3.9% quarter-over-quarter.
- 3 funds opened new Nuveen Floating Rate Income Opportunty Fund positions in Q3 2016 and 10 closed out, a net change of -7 holders.
- The largest Nuveen Floating Rate Income Opportunty Fund buyer in Q3 2016 was Bank of America, an estimated $2.79M added.
- The largest Nuveen Floating Rate Income Opportunty Fund seller in Q3 2016 was Zuckerman Investment Group, an estimated $4.31M sold.
Based on aggregated 13F filings for Q3 2016.