Nuveen Floating Rate Income Opportunty Fund
JRO
JRO was delisted on the 28th of July, 2023.
66 hedge funds and large institutions have $83M invested in Nuveen Floating Rate Income Opportunty Fund in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 27 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
6% more funds holding
Funds holding: 62 → 66 (+4)
15% less capital invested
Capital invested by funds: $97.9M → $83M (-$14.9M)
48% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$2.48M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$547K |
| 3 |
Morgan Stanley
New York
|
+$519K |
| 4 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$311K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$3.28M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$2.94M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$2.42M |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$2.11M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.05M |
JRO Hedge Fund Activity: Q1 2017 in Review
66 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Opportunty Fund (JRO) for Q1 2017, worth a combined $83M — down 15% from $97.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new JRO positions and 7 closed out — a net gain of 5 holders — while 14 added to existing stakes and 27 trimmed.
The largest buyer was Founders Financial Securities, opening a new position worth an estimated $2.48M. The largest seller was Eaton Vance Management, exiting entirely with an estimated $3.28M sold.
- 66 institutional investors held Nuveen Floating Rate Income Opportunty Fund (JRO) as of Q1 2017, up from 62 in Q4 2016.
- Funds reported $83M of Nuveen Floating Rate Income Opportunty Fund stock for Q1 2017, down 15% quarter-over-quarter.
- 12 funds opened new Nuveen Floating Rate Income Opportunty Fund positions in Q1 2017 and 7 closed out, a net change of +5 holders.
- The largest Nuveen Floating Rate Income Opportunty Fund buyer in Q1 2017 was Founders Financial Securities, an estimated $2.48M added.
- The largest Nuveen Floating Rate Income Opportunty Fund seller in Q1 2017 was Eaton Vance Management, an estimated $3.28M sold.
Based on aggregated 13F filings for Q1 2017.