Nuveen Floating Rate Income Opportunty Fund
JRO
JRO was delisted on the 28th of July, 2023.
86 hedge funds and large institutions have $138M invested in Nuveen Floating Rate Income Opportunty Fund in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 31 increasing their positions, 31 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 31
3% less funds holding
Funds holding: 89 → 86 (-3)
10% less capital invested
Capital invested by funds: $153M → $138M (-$15M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$8.66M |
| 2 |
Morgan Stanley
New York
|
+$1.44M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.38M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.05M |
| 5 |
FF
FourThought Financial
Venice,
Florida
|
+$503K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$16.5M |
| 2 |
LC
Lindbrook Capital
Calabasas,
California
|
-$11.7M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.26M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$979K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$827K |
JRO Hedge Fund Activity: Q3 2021 in Review
86 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Opportunty Fund (JRO) for Q3 2021, worth a combined $138M — down 9.8% from $153M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of JRO and 3 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 31 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $8.66M. The largest seller was Saba Capital Management, cutting an estimated $16.5M.
- 86 institutional investors held Nuveen Floating Rate Income Opportunty Fund (JRO) as of Q3 2021, down from 89 in Q2 2021.
- Funds reported $138M of Nuveen Floating Rate Income Opportunty Fund stock for Q3 2021, down 9.8% quarter-over-quarter.
- 3 funds opened new Nuveen Floating Rate Income Opportunty Fund positions in Q3 2021 and 6 closed out, a net change of -3 holders.
- The largest Nuveen Floating Rate Income Opportunty Fund buyer in Q3 2021 was Rivernorth Capital Management, an estimated $8.66M added.
- The largest Nuveen Floating Rate Income Opportunty Fund seller in Q3 2021 was Saba Capital Management, an estimated $16.5M sold.
Based on aggregated 13F filings for Q3 2021.