Nuveen Floating Rate Income Opportunty Fund
JRO
JRO was delisted on the 28th of July, 2023.
61 hedge funds and large institutions have $92.6M 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 9 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
2.77% less ownership
Funds ownership: 24.46% → 21.69% (-2.8%)
10% less funds holding
Funds holding: 68 → 61 (-7)
59% less capital inflows, than outflows
Capital inflows: $7.36M | Capital outflows: $17.8M
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.79M |
| 2 |
First Foundation Advisors
Irvine,
California
|
+$911K |
| 3 |
Capital Investment Advisors
Atlanta,
Georgia
|
+$727K |
| 4 |
Guggenheim Capital
Chicago,
Illinois
|
+$664K |
| 5 |
Gradient Investments
Arden Hills,
Minnesota
|
+$432K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Zuckerman Investment Group
Chicago,
Illinois
|
-$4.31M |
| 2 |
Morgan Stanley
New York
|
-$3.42M |
| 3 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.59M |
| 4 |
Laurion Capital Management
New York
|
-$2.22M |
| 5 |
JP Morgan Chase
New York
|
-$1.33M |
JRO Hedge Fund Activity: Q3 2016 in Review
61 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Opportunty Fund (JRO) for Q3 2016, worth a combined $92.6M — down 3.9% from $96.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of JRO and 3 opened new positions — a net loss of 6 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.
- 61 institutional investors held Nuveen Floating Rate Income Opportunty Fund (JRO) as of Q3 2016, down from 68 in Q2 2016.
- Funds reported $92.6M 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 9 closed out, a net change of -6 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.