Nuveen Floating Rate Income Opportunty Fund
JRO
JRO was delisted on the 28th of July, 2023.
84 hedge funds and large institutions have $118M invested in Nuveen Floating Rate Income Opportunty Fund in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 9 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 24
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
2% less funds holding
Funds holding: 86 → 84 (-2)
15% less capital invested
Capital invested by funds: $138M → $118M (-$20.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.12M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$688K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$579K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$320K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$271K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$16.6M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.63M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.82M |
| 4 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
-$668K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
-$642K |
JRO Hedge Fund Activity: Q4 2021 in Review
84 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Nuveen Floating Rate Income Opportunty Fund (JRO) for Q4 2021, worth a combined $118M — down 15% from $138M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new JRO positions and 9 closed out — a net gain of 2 holders — while 31 added to existing stakes and 24 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.12M. The largest seller was Saba Capital Management, exiting entirely with an estimated $16.6M sold.
- 84 institutional investors held Nuveen Floating Rate Income Opportunty Fund (JRO) as of Q4 2021, down from 86 in Q3 2021.
- Funds reported $118M of Nuveen Floating Rate Income Opportunty Fund stock for Q4 2021, down 15% quarter-over-quarter.
- 11 funds opened new Nuveen Floating Rate Income Opportunty Fund positions in Q4 2021 and 9 closed out, a net change of +2 holders.
- The largest Nuveen Floating Rate Income Opportunty Fund buyer in Q4 2021 was LPL Financial, an estimated $1.12M added.
- The largest Nuveen Floating Rate Income Opportunty Fund seller in Q4 2021 was Saba Capital Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q4 2021.