Nuveen Floating Rate Income Opportunty Fund
JRO
JRO was delisted on the 28th of July, 2023.
84 hedge funds and large institutions have $138M invested in Nuveen Floating Rate Income Opportunty Fund in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 32 reducing their positions, and 10 closing their positions.
102% more capital inflows, than outflows
Capital inflows: $19.2M | Capital outflows: $9.5M
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
5% more funds holding
Funds holding: 80 → 84 (+4)
2.91% more ownership
Funds ownership: 38.7% → 41.61% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
47% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Saba Capital Management
New York
|
+$12.6M |
| 2 |
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.64M |
| 3 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.01M |
| 4 |
Clough Capital Partners
Boston,
Massachusetts
|
+$776K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$775K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Matisse Capital
Portland,
Oregon
|
-$3.28M |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.15M |
| 3 |
Shaker Financial Services
Arlington,
Virginia
|
-$778K |
| 4 |
Cohen & Steers
New York
|
-$775K |
| 5 |
Founders Financial Securities
Towson,
Maryland
|
-$431K |
JRO Hedge Fund Activity: Q3 2020 in Review
84 of the 4,972 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Opportunty Fund (JRO) for Q3 2020, worth a combined $138M — up 12% from $123M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new JRO positions and 10 closed out — a net gain of 4 holders — while 17 added to existing stakes and 32 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $12.6M. The largest seller was Matisse Capital, exiting entirely with an estimated $3.28M sold.
- 84 institutional investors held Nuveen Floating Rate Income Opportunty Fund (JRO) as of Q3 2020, up from 80 in Q2 2020.
- Funds reported $138M of Nuveen Floating Rate Income Opportunty Fund stock for Q3 2020, up 12% quarter-over-quarter.
- 14 funds opened new Nuveen Floating Rate Income Opportunty Fund positions in Q3 2020 and 10 closed out, a net change of +4 holders.
- The largest Nuveen Floating Rate Income Opportunty Fund buyer in Q3 2020 was Saba Capital Management, an estimated $12.6M added.
- The largest Nuveen Floating Rate Income Opportunty Fund seller in Q3 2020 was Matisse Capital, an estimated $3.28M sold.
Based on aggregated 13F filings for Q3 2020.