Nuveen Floating Rate Income Opportunty Fund
JRO
JRO was delisted on the 28th of July, 2023.
84 hedge funds and large institutions have $108M invested in Nuveen Floating Rate Income Opportunty Fund in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 33 reducing their positions, and 14 closing their positions.
7% less funds holding
Funds holding: 90 → 84 (-6)
18% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 33
19% less capital invested
Capital invested by funds: $134M → $108M (-$26.1M)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$14.1M |
| 2 |
LC
Lindbrook Capital
Calabasas,
California
|
+$5.78M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.51M |
| 4 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$1.99M |
| 5 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$5.23M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.24M |
| 3 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
-$1.22M |
| 4 |
Goldman Sachs
New York
|
-$1.07M |
| 5 |
VEA
Virtus ETF Advisers
New York
|
-$1.01M |
JRO Hedge Fund Activity: Q1 2020 in Review
84 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Opportunty Fund (JRO) for Q1 2020, worth a combined $108M — down 19% from $134M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of JRO and 11 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 27 added.
The largest buyer was Saba Capital Management, adding an estimated $14.1M. The largest seller was Invesco, cutting an estimated $5.23M.
- 84 institutional investors held Nuveen Floating Rate Income Opportunty Fund (JRO) as of Q1 2020, down from 90 in Q4 2019.
- Funds reported $108M of Nuveen Floating Rate Income Opportunty Fund stock for Q1 2020, down 19% quarter-over-quarter.
- 11 funds opened new Nuveen Floating Rate Income Opportunty Fund positions in Q1 2020 and 14 closed out, a net change of -3 holders.
- The largest Nuveen Floating Rate Income Opportunty Fund buyer in Q1 2020 was Saba Capital Management, an estimated $14.1M added.
- The largest Nuveen Floating Rate Income Opportunty Fund seller in Q1 2020 was Invesco, an estimated $5.23M sold.
Based on aggregated 13F filings for Q1 2020.