Nuveen Floating Rate Income Opportunty Fund
JRO
JRO was delisted on the 28th of July, 2023.
85 hedge funds and large institutions have $172M invested in Nuveen Floating Rate Income Opportunty Fund in 2021 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 19 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
12% more capital invested
Capital invested by funds: $153M → $172M (+$18.7M)
8% less funds holding
Funds holding: 92 → 85 (-7)
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$10.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.57M |
| 3 |
Morgan Stanley
New York
|
+$2.18M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$973K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$931K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$6.9M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$2.49M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.39M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.06M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$916K |
JRO Hedge Fund Activity: Q1 2021 in Review
85 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Opportunty Fund (JRO) for Q1 2021, worth a combined $172M — up 12% from $153M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of JRO and 12 opened new positions — a net loss of 7 holders — while 23 trimmed existing stakes and 27 added.
The largest buyer was Kohlberg Kravis Roberts & Co, opening a new position worth an estimated $10.4M. The largest seller was Gradient Investments, cutting an estimated $6.9M.
- 85 institutional investors held Nuveen Floating Rate Income Opportunty Fund (JRO) as of Q1 2021, down from 92 in Q4 2020.
- Funds reported $172M of Nuveen Floating Rate Income Opportunty Fund stock for Q1 2021, up 12% quarter-over-quarter.
- 12 funds opened new Nuveen Floating Rate Income Opportunty Fund positions in Q1 2021 and 19 closed out, a net change of -7 holders.
- The largest Nuveen Floating Rate Income Opportunty Fund buyer in Q1 2021 was Kohlberg Kravis Roberts & Co, an estimated $10.4M added.
- The largest Nuveen Floating Rate Income Opportunty Fund seller in Q1 2021 was Gradient Investments, an estimated $6.9M sold.
Based on aggregated 13F filings for Q1 2021.