Nuveen Floating Rate Income Opportunty Fund
JRO
JRO was delisted on the 28th of July, 2023.
89 hedge funds and large institutions have $153M invested in Nuveen Floating Rate Income Opportunty Fund in 2021 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 22 reducing their positions, and 8 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 22
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
5% more funds holding
Funds holding: 85 → 89 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
11% less capital invested
Capital invested by funds: $172M → $153M (-$18.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.04M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.48M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$950K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$806K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
+$790K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$10.9M |
| 2 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$10.7M |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$5.21M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.4M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.04M |
JRO Hedge Fund Activity: Q2 2021 in Review
89 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Opportunty Fund (JRO) for Q2 2021, worth a combined $153M — down 11% from $172M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new JRO positions and 8 closed out — a net gain of 5 holders — while 37 added to existing stakes and 22 trimmed.
The largest buyer was Bank of America, adding an estimated $2.04M. The largest seller was Saba Capital Management, cutting an estimated $10.9M.
- 89 institutional investors held Nuveen Floating Rate Income Opportunty Fund (JRO) as of Q2 2021, up from 85 in Q1 2021.
- Funds reported $153M of Nuveen Floating Rate Income Opportunty Fund stock for Q2 2021, down 11% quarter-over-quarter.
- 13 funds opened new Nuveen Floating Rate Income Opportunty Fund positions in Q2 2021 and 8 closed out, a net change of +5 holders.
- The largest Nuveen Floating Rate Income Opportunty Fund buyer in Q2 2021 was Bank of America, an estimated $2.04M added.
- The largest Nuveen Floating Rate Income Opportunty Fund seller in Q2 2021 was Saba Capital Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2021.