Nuveen Floating Rate Income Opportunty Fund
JRO
JRO was delisted on the 28th of July, 2023.
90 hedge funds and large institutions have $134M invested in Nuveen Floating Rate Income Opportunty Fund in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 27 reducing their positions, and 11 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
16% more capital invested
Capital invested by funds: $116M → $134M (+$18.1M)
7% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 27
0% more funds holding
Funds holding: 90 → 90 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$7.57M |
| 2 |
Morgan Stanley
New York
|
+$4.58M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$4.19M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.28M |
| 5 |
JG
Jefferies Group
New York
|
+$942K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.54M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$3.09M |
| 3 |
FFS
Founders Financial Securities
Towson,
Maryland
|
-$2.12M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.71M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$942K |
JRO Hedge Fund Activity: Q4 2019 in Review
90 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Opportunty Fund (JRO) for Q4 2019, worth a combined $134M — up 16% from $116M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new JRO positions and 11 closed out — a net gain of 2 holders — while 29 added to existing stakes and 27 trimmed.
The largest buyer was Gradient Investments, adding an estimated $7.57M. The largest seller was Royal Bank of Canada, cutting an estimated $3.54M.
- 90 institutional investors held Nuveen Floating Rate Income Opportunty Fund (JRO) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $134M of Nuveen Floating Rate Income Opportunty Fund stock for Q4 2019, up 16% quarter-over-quarter.
- 13 funds opened new Nuveen Floating Rate Income Opportunty Fund positions in Q4 2019 and 11 closed out, a net change of +2 holders.
- The largest Nuveen Floating Rate Income Opportunty Fund buyer in Q4 2019 was Gradient Investments, an estimated $7.57M added.
- The largest Nuveen Floating Rate Income Opportunty Fund seller in Q4 2019 was Royal Bank of Canada, an estimated $3.54M sold.
Based on aggregated 13F filings for Q4 2019.